Search results for: SEV

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  • 12 November 2018
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Swedish marine energy developer Minesto has signed a collaboration agreement with the power producer and distributor on the Faroe Islands, SEV, for two installations of Minesto’s DG100 model. The agreement also includes a power purchase agreement through which SEV commits to purchase the electricity generated by Minesto’s tidal energy converters. “We are delighted to have […]

  • 19 February 2020
    Business & Finance, Research & Development

    Minesto and Faroese electric utility company SEV have signed a power purchase agreement (PPA), advancing its collaboration to integrate tidal energy in the Faroe Island’s electricity mix. The PPA comprises both the planned installations of two 100kW systems of Minesto’s subsea kite technology and an additional 2MW capacity allocated for installations of utility-scale tidal energy […]

  • 9 September 2019
    Operations & Maintenance, Research & Development, Technology

    Minesto’s Board of Directors and senior management recently visited the Faroe Islands where they engaged in strategy discussions and meetings with key stakeholders. Minesto’s Board and management team met with the company’s collaboration partner in the Faroe Islands, the electric utility company SEV. The purpose was to discuss the current joint project to install two […]

  • 1 April 2020
    Technology

    Minesto, along with its partner SEV, has secured all necessary permits and consents for the installation of two grid-connected tidal kite systems in Vestmannasund, Faroe Islands. “We have had great support by SEV and the Faroese authorities to reach this crucial achievement. SEV has made terrific work to secure all necessary permits for our first […]

  • 12 November 2018
    Authorities & Government, Business & Finance, Operations & Maintenance, Research & Development, Technology

    Swedish marine energy developer Minesto has signed up its first customer through a collaboration agreement with the main power utility on the Faroe Islands, SEV, for the installation of two DG100 tidal energy devices.

  • 29 April 2020
    Exploration & Production, Research & Development, Technology, Transition

    A new study shows tidal power may be a significant resource for Faroe Islands to balance other renewable energy sources. This is the preliminary result of a PhD project on the energy balance and stability of the Faroese electrical system. PhD researcher, Helma Maria Tróndheim, said:“So far the results indicate that tidal power may be […]

  • 10 June 2019
    Authorities & Government, Business & Finance, Research & Development, Technology

    Swedish marine energy developer Minesto has been awarded a €2.5 million grant from the European Commission’s SME Instrument programme. The awarded funding will support the installation of Minesto’s technology in the Faroe Islands together with the utility company SEV. “This is great news for Minesto and our joint project with the utility customer SEV”, said […]

  • 29 June 2020
    Business developments & projects, Equipment, Technology

    Minesto and its partner, electric utility SEV, are progressing their joint tidal energy demonstration project in Vestmannasund, Faroe Islands. With Minesto staff and hardware at the site, the installation work is at full speed to connect Minesto’s DG100 kite system to the Faroe Islands electricity grid. “The team is doing a terrific job and we […]

  • 16 March 2020

    Swedish marine energy developer Minesto said that so far it has had no negative impact related to the coronavirus disease (COVID-19) on incoming components and subsystem deliveries. The major kite system components for Minesto’s Faroe Islands project are assembled and are currently being factory tested and commissioned. Minesto is targeting installation of the first DG100 […]

  • 8 June 2020
    Business developments & projects, Equipment, Operations & Maintenance, Technology, Transition

    Marine energy developer Minesto has completed the first offshore installation phase of its Faroe Islands project. The company has set up the gravity-based foundation for the powerplant at the site in Vestmannasund. David Collier, COO at Minesto, said: “The operations team has managed to safely progress the offshore installation campaign, adapting the plan to overcome […]

  • 4 October 2011

    Sevmash became one of participants of the seventh international exhibition «SevTAK-2011», which finished today at Murmansk. Main goal of the exhibition is to help development of fuel-energetic complex, marketing, industry and energetic sphere of Euro-Arctic region of Russia. The exhibition was organized by support of Administration of Murmansk region, Russian and Murmansk unions of manufacturers […]

  • 4 March 2011
    Authorities & Government

    The wind energy industry in Ontario is pleased with today’s Ontario Divisional Court decision to uphold the current regulations for wind turbine setbacks. The application by Ontario resident Ian Hanna suggested, among other things, that the government did not adhere to their own Statement of Environmental Values (SEV) in developing a setback of 550 metres […]

  • 23 February 2020
    Business & Finance, Storage

    MarineEnergy.biz has compiled the top news from marine energy industry from February 17 – February 23, 2020. Minesto and SEV Ink PPA for Faroe Island Tidal Installations Dolphyn Project Scoops £3.1M UK Clean Hydrogen Prize Malin to Build AWS Ocean Energy’s Wave Energy Converter BlueInvest Fund Backs Swedish Wave Energy Developer NOVACAVI Cables for ISWEC […]

  • 5 August 2011

    Starting of works over new shipbuilding project was marked for Zaliv by complex preparation process. Order, initially placed on SevMorZavod for construction of the vessel for offshore supply of drilling platforms (project 832 CD from design bureau of famous shipbuilding group Havyard International AS) owing to various reasons have not been completed. Resulting from this […]

  • 20 June 2019
    Technology

    Swedish marine energy developer has invited tenders to apply for the delivery of servo drives for the development of a 100kW marine energy converter in form of a subsea kite tethered to the sea floor. As explained in the earlier articles, Minesto’s Deep Green technology generates electricity from low-flow tidal streams and ocean currents by […]

  • 26 December 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    Marine energy developer Minesto has launched a tender for the supply of a new generator and power conversion system to support the ongoing development of its Deep Green tidal power technology.

  • 9 October 2019

    Marine Energy Event 2019 has officially kicked of today in Amsterdam RAI. As part of the Offshore Energy Exhibition and Conference, the 5th annual event focuses on how marine energy can lead Europe in the energy transition. The event is organized in cooperation with Dutch Marine Energy Centre (DMEC) and the Dutch Energy from Water […]

  • 5 August 2011
    Business & Finance

    Starting of works over new shipbuilding project was marked for Zaliv by complex preparation process. Order, initially placed on SevMorZavod for construction of the vessel for offshore supply of drilling platforms (project 832 CD from design bureau of famous shipbuilding group Havyard International AS) owing to various reasons have not been completed. Resulting from this […]

  • 5 August 2011
    Business & Finance

    Starting of works over new shipbuilding project was marked for Zaliv by complex preparation process. Order, initially placed on SevMorZavod for construction of the vessel for offshore supply of drilling platforms (project 832 CD from design bureau of famous shipbuilding group Havyard International AS) owing to various reasons have not been completed. Resulting from this […]

  • 17 August 2012
    Business & Finance

      Rosneft has begun offshore exploration at the South Russky license block in the Pechora Sea. A 3D CDP seismic survey covering 1,200 square kilometres is being carried out by three field exploration parties from Yuzhmorgeologiya. Yuzhmorgeologiya, Iskatel 5, Vyborgsky and Petrogradsky research vessels as well as some 20 auxiliary vessels are involved in the […]

  • 18 November 2018
    Business & Finance, Operations & Maintenance, Research & Development, Technology

    MarineEnergy.biz has compiled the top news from marine energy industry from November 12 – 18, 2018.

  • 11 May 2020
    Operations & Maintenance, Project & Tenders, Research & Development, Technology

    Swedish marine energy developer Minesto has landed a framework agreement for onshore engineering services in the Faroe Islands to support the operation and maintenance of its Deep Green technology. Minesto will be installing tidal energy devices in the waters surrounding the Faroe Islands, initially in Vestmannasund with further installations planned in other locations. To that […]