Minesto's Dragon 12 Tidal Power Plant Achieves Major Performance Milestones

Minesto's Dragon 12: A Breakthrough in Tidal Energy

Minesto, a pioneer in ocean energy, has successfully reached a crucial performance milestone with its Dragon 12 tidal energy system, known as Luna, situated in Vestmannasund, Faroe Islands. This innovative technology aims to harness tidal currents effectively, and its recent upgrade marks a significant advancement in its operational capabilities.

The Dragon 12 system has demonstrated an impressive 25% increase in power performance following the installation of a longer tether, which measures 10 meters more than previous configurations. This enhancement aligns with the predictions made through computer simulations, indicating that the system performs exactly as expected.

Dr. Martin Edlund, CEO of Minesto, expressed his satisfaction with the results: “We are delighted to have Dragon 12 in operation, achieving an increased performance that matches our computer simulations. This validates our models and helps mitigate risks for our investors.” The reliability of production volumes is essential as Minesto prepares for the commercial rollout of its unique tidal technology.

The Vestmanna production site has become a live demonstration platform for various stakeholders, including utility partners and energy ministries. Recent visits to the site showcased not only the technical advancements of Dragon 12 but also its potential as a reference case in the global marine energy landscape. With accurate data from the Dragon 12's production, Minesto believes they are equipped to attract investors eager to support the development of a full-scale array—the world’s first Dragon Farm.

The company has ambitious plans to commercialize its deployment strategy in the Faroe Islands and beyond. With the promising data generated from the Dragon 12 system, Minesto is now poised to engage with partners and investors to drive forward this revolutionary approach to clean energy. The positive data bolsters confidence in their business models, which sets a firm foundation for future growth.

In summary, the advancements with the Dragon 12 system underscore Minesto's commitment to innovation in renewable energy. The journey to commercial-scale tidal energy is gaining momentum, and with robust performance metrics, Minesto is ready to lead the charge towards sustainable energy solutions on a global scale. This milestone represents not just a leap forward for the company, but an important step towards a cleaner energy future for all.

For further inquiries regarding Minesto’s projects, you can contact Dr. Martin Edlund or Cecilia Sernhage, the Chief Communications Officer. Their insights will provide a deeper understanding of the ongoing developments in harnessing tidal energy and the implications for the broader energy landscape.