#Sweden #Gothenburg #Energy Sector #Minesto #Philippe Kavafyan

Minesto Expands Global Presence with New Board Appointment

Gothenburg, Sweden – Minesto AB, a pioneering company in marine renewable energy, is set to elevate its growth strategy with the recent election of Philippe Kavafyan to its Board of Directors during the Annual General Meeting held on June 23, 2026. This strategic move comes at a crucial time as Minesto aims to enhance its influence in the energy market, particularly with its innovative tidal energy technology.

Philippe Kavafyan joins Minesto with a noteworthy background, bringing over 30 years of experience in the global energy sector. His extensive career includes leadership positions within the wind energy industry and offshore projects, thereby equipping him with a wealth of strategic insights and connections that will be invaluable to Minesto's objectives. Göran Linder, a member of Minesto’s board, expressed his enthusiasm, stating, "We are very pleased to welcome Philippe Kavafyan to Minesto's Board of Directors. He brings an extensive international network and solid experience from a complex and rapidly growing energy market."

A Background of Expertise

Kavafyan, who holds an engineering degree from École Polytechnique and a master's from École Nationale Supérieure des Mines de Paris, has carved a niche for himself in the energy domain. Notably, he has spent over 20 years specializing in the wind sector, showcasing his commitment and expertise in renewable energy solutions. His previous roles at prominent companies like General Electric and Areva, alongside his position as CEO of MHI Vestas Offshore Wind, have fortified his leadership capabilities.

Currently, Kavafyan serves as the Managing Director of Kami Wind Consult and offers strategic advisory services to several organizations, including Boston Energy Ltd in the UK. He has played pivotal roles on boards, including RenewableUK and WindEurope, emphasizing his extensive involvement in advancing the wind energy sector.

Strategic Fit for Minesto

The decision to include Kavafyan on Minesto's board aligns with the company's emphasis on growth and innovation. Underlining his suitability for this role, Kavafyan noted, "I feel very fortunate to join the Board at a time when the successful deployment of our technology at scale in the Faroe Islands is transforming Minesto's technology into the most efficient and mature marine renewable energy option available."

His vision for combining effective tidal energy generation with improved energy storage solutions reflects Minesto's commitment to driving sustainable and competitive practices in local energy grids. This alignment between Kavafyan's expertise and Minesto's goals signifies a proactive approach to enhancing operational efficiency and expanding market reach.

Göran Linder further elaborated on Kavafyan’s potential impact: "In addition, Philippe is a perfect fit for Minesto as the French tidal energy market is increasingly important. Beyond his professional merits, Philippe is a highly appreciated and constructive person to work with."

Looking Ahead

As Minesto continues to navigate the complexities of the energy landscape, the addition of Philippe Kavafyan to the Board represents a strategic advantage. His vast experience in scaling businesses from inception to substantial operations will be crucial to Minesto’s ambition to broaden its international influence and enhance its innovative technologies in marine energy.

The energy sector is evolving, and with leaders like Kavafyan on board, Minesto is poised to not only meet the challenges ahead but to thrive in the rapidly changing landscape of renewable energy.

For media inquiries, please contact:
Cecilia Sernhage, Chief Communications Officer
Tel: +46 735 23 71 58
Email: [email protected]

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