Minesto Participates in Swedish Business Delegation to Canada Amid Royal Couple's Visit
This week, ocean energy technology company Minesto is actively participating in a Swedish business delegation to Canada, coinciding with the royal couple's state visit. The delegation, spearheaded by the Swedish Minister for Energy and Business alongside the Minister of Defence, is designed to enhance Swedish-Canadian relations while promoting innovation. The focal points of this collaboration include advancements in artificial intelligence (AI), defense security, and electrification. Canada is recognized as a strategically valuable market for Minesto due to its abundant oceanic resources, particularly tidal streams, along with solid political backing for ocean energy initiatives.
Dr. Martin Edlund, the CEO of Minesto, is taking part in the delegation with the aim of strengthening connections with Canadian stakeholders and broadening business prospects. The itinerary includes engaging high-level forums and customized company visits in key cities such as Ottawa and Montreal. These activities are significant as they align with Minesto's interests, given that Canada's tidal resources are particularly favorable for the deployment of their power plants, supported by a growing inclination towards ocean energy on a political level.
On November 19, Minesto will take part in the Sweden-Canada Innovation Days 2025. This event is bolstered by funding from Vinnova and the Swedish Energy Agency and presents a prime opportunity for Minesto to network with industry leaders, academic figures, and government representatives to explore potential collaborations and funding avenues. Jan Larsson, CEO of Business Sweden, highlighted in a press statement the importance of Canada as a strategic partner with robust sectors in clean energy, advanced technology, and defense security. He emphasized that this delegation facilitates long-term relationship-building between Swedish enterprises and Canadian partners across diverse sectors.
Minesto's participation in this high-profile delegation underscores its commitment to expanding its influence in the renewable energy sector and showcasing the company's innovative solutions to a broader audience. As the world increasingly turns towards sustainable energy sources, Minesto is poised at the forefront of harnessing ocean energy, demonstrating a firm belief in its potential as a viable and efficient energy resource.
The potential for future collaborations between Swedish and Canadian companies could lead to joint ventures that not only propel Minesto's growth but also contribute to the global push for renewable energy solutions. As the visit progresses, the feedback from both sides will likely catalyze further discussions regarding technological innovations and development strategies that could benefit both nations. This delegation isn't just a diplomatic engagement; it's a foray into establishing the groundwork for future energy partnerships.
For more information on Minesto’s initiatives and participation in the business delegation, stakeholders can follow updates from the official channels and be part of the discussions regarding innovation and sustainable development in ocean energy.