#Sweden #Gothenburg #Minesto #STEP Seal #Euro Dragon Farm

Minesto's Tidal Energy Project Receives STEP Seal from the European Commission

Minesto, a prominent developer in the realm of ocean energy, has achieved a significant milestone with the awarding of the STEP Seal (Strategic Technologies for Europe Platform) by the European Commission for its groundbreaking Euro Dragon Farm project in Ireland. This commendation not only underscores the project's quality but also positions it as a key player in enhancing Europe's energy security and industrial competitiveness.

The announcement, made on November 5, 2026, comes alongside the project's acceptance into the next phase of the European Commission's funding program, where it is set to compete for a grant of €20.2 million under the EU Innovation Fund. This substantial funding aims to support projects that contribute to achieving the EU’s strategic goals in energy efficiency and clean technology development.

The STEP Seal, which is a quality label given to high-quality projects, recognizes initiatives that align with the EU's objectives of fostering technology sovereignty and enhancing industrial capacity across Europe. The Euro Dragon Farm, identified for its innovative approach to tidal energy generation, aligns well with these strategic goals, providing a pathway towards cleaner energy solutions while bolstering economic growth.

In connection with this announcement, Dr. Martin Edlund, Minesto's CEO, is actively sharing insights on the importance of innovative energy solutions as a speaker at the 20th Strategic Energy Technology Plan (SET Plan) Conference, held in Cork, Ireland. The conference, co-hosted by the European Commission and Ireland's Department of Climate, Energy, and the Environment, features industry leaders, policymakers, and researchers who gather to discuss the acceleration of strategic energy technologies in Europe.

Dr. Edlund's discussion at the SET Plan Conference focuses on the involvement of startups and scale-ups within the clean energy technology sector, emphasizing their crucial role in introducing new technologies to the market. His insights aim to highlight how collaboration and innovation can drive the transition towards sustainable energy solutions.

The recognition of the Euro Dragon Farm as a high-quality project not only elevates Minesto's profile in the energy sector but also paves the way for enhanced public and private investment opportunities that could significantly expand the reach and impact of clean technology initiatives in Europe. As the world increasingly turns towards renewable energy sources, projects like Minesto's are vital to ensuring a secure, sustainable future.

Conclusion

With the STEP Seal in hand, Minesto stands at the forefront of revolutionizing tidal energy and showcasing the potential of ocean-based energy solutions. Through the Euro Dragon Farm, the company is not only participating in the global push for greener energy but also setting a benchmark for quality and effectiveness in energy projects. As discussions continue in Ireland and across Europe, the focus remains on how best to leverage innovative technologies to fortify energy security and economic stability.

For additional details on the STEP Seal evaluation process and Minesto's other projects, visit their official site or refer to the European Commission's resources on strategic technologies.