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Minesto
What Does Minesto Do?
Minesto is a marine energy technology developer at the forefront of the renewable energy transition. Their core innovation, the Deep Green technology, is designed to generate electricity from low-flow tidal streams and ocean currents using a unique underwater kite concept. This patented technology aims to expand the potential of marine energy by making previously untapped resources economically viable. Minesto's mission is to be a key enabler in the global shift towards sustainable energy by providing predictable and reliable ocean power.
Where Is Minesto's Headquarters?
HQ Function
The Gothenburg headquarters serves as Minesto's central hub for corporate management, research and development (R&D), engineering, strategic planning, and business development operations.
Notable Features:
Located in a modern business park, the headquarters is designed to foster collaboration and innovation, with facilities supporting advanced engineering and simulation for their marine energy technology.
Work Culture:
Minesto fosters a dynamic and innovative work culture, driven by a shared passion for renewable energy and technological advancement. Employees often work in cross-functional teams, tackling complex challenges in the development of sustainable ocean power.
HQ Significance:
The headquarters is crucial for driving Minesto's technological leadership, coordinating global projects, and securing strategic partnerships in the burgeoning marine energy sector.
Values Reflected in HQ: The headquarters reflects Minesto's commitment to innovation, sustainability, and collaboration, providing an environment conducive to developing cutting-edge clean energy solutions.
Location:
Minesto supports its global operations through its headquarters in Sweden and strategic site offices in the UK (Wales), the Faroe Islands, and Taiwan. The company is actively involved in project development and market exploration across Europe, Asia, and potentially other regions, collaborating with local partners and utilities to deploy its unique marine energy technology. Functions supported globally include R&D, project deployment, site operations, business development, and supply chain management for its tidal and ocean current power plants.
Street Address:
J A Wettergrens gata 14
City:
Västra Frölunda
State/Province:
Västra Götaland County
Country:
Sweden
Where Else Does Minesto Operate Around the World?
Bangor, Wales, United Kingdom
Address: Unit 4, Menai Suspension Bridge Workshops, Holyhead Road, LL57 2HJ
To develop and demonstrate Minesto's technology in strong tidal stream environments in the UK, leveraging local maritime expertise and grid connections.
Vestmanna, Faroe Islands
Address: Undir Heygnum 23, FO-350
To showcase commercial viability and provide renewable energy to an island nation seeking energy independence, utilizing the Faroe Islands' excellent tidal resources.
New Taipei City, Taiwan
Address: 20F-5, No. 295, Sec. 2, New Taipei Blvd., Xinzhuang Dist.
To tap into the significant ocean current energy potential in Asia and support Taiwan's renewable energy goals.
Buying Intent Signals for Minesto
Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.
Who's Leading Minesto? Meet the Executive Team
As of April 2025, Minesto' leadership includes:
Who's Investing in Minesto?
Minesto has been backed by several prominent investors over the years, including:
What Leadership Changes Has Minesto Seen Recently?
Over the last 12 months, Minesto has strengthened its executive team with the appointment of a Chief Communications & IR Officer. The core leadership team has otherwise demonstrated stability, focusing on strategic growth and project execution.
New Appointments:
What Technology (Tech Stack) Is Used byMinesto?
Discover the tools Minesto uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.
Minesto Email Formats and Examples
Minesto likely uses a common professional email format, typically incorporating employee names. Based on standard corporate practices for a company of its nature, the most probable format is [first].[last]@minesto.com.
[first].[last]@minesto.com
Format
martin.edlund@minesto.com
Example
85%
Success rate
What's the Latest News About Minesto?
Minesto Press • May 29, 2024
Minesto signs collaboration agreement with global offshore service supplier Boskalis
Minesto has entered into a collaboration agreement with Boskalis, a leading global dredging and offshore contractor. The partnership aims to use Boskalis's extensive marine installation experience to support the global rollout of Minesto's tidal energy technology, focusing on installation methods and further cost reductions....more
Minesto Press • May 23, 2024
Minesto's Dragon 4 generates electricity and delivers data to plan
Minesto's Dragon 4 tidal power plant in Vestmanna, Faroe Islands, is successfully generating electricity to the grid and performing according to plan. The ongoing operations are providing valuable data for verifying performance and optimizing energy production....more
Minesto Press • April 24, 2024
Notice of Annual General Meeting in Minesto AB (publ)
Minesto AB announced its Annual General Meeting to be held on May 24, 2024, in Gothenburg. The notice outlined the agenda, including proposed resolutions on appropriations of profits, election of board members, and auditor....more
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