The utility-scale tidal powerplant Dragon 12 - rated at 1.2 MW - has been successfully commissioned and, in the early morning of February 9, delivered its first electricity to the national grid in the Faroe Islands.
For now, ocean energy has been largely untapped in the Philippines despite the apparent potential of the power source because of the scarcity of available technologies.
The large-scale build-out plan sets out a stepwise installation of tidal kite arrays, each with 20-40 MW installed capacity, at four verified locations.
The Dragon Class is an upgraded design of the company’s Deep Green technology for predictable renewable electricity generation from tidal and ocean currents
Minesto has signed a two-year extension of its Power Purchase Agreement (PPA) with the electric utility company SEV for Minesto’s tidal energy site in Vestmannasund, Faroe Islands.
Leading marine energy developer Minesto and Schneider Electric have entered a Memorandum of Understanding to work together to develop and build ocean energy farms based on Minesto’s Deep Green technology.
