Minesto Features in the International Documentary Series
Minesto, a leading marine energy technology company, is prominently featured in an internationally broadcast documentary series titled 'Engineering Tomorrow.' This series focuses on innovative technologies that aim to tackle the pressing energy challenges faced globally. Minesto's unique underwater kite technology is highlighted in the episode centered on 'Ocean Power,' where the company was selected as one of a few tidal energy technologies to be showcased.
The Importance of Tidal Energy
The documentary emphasizes the immense potential of ocean tides to meet a significant portion of the world’s electricity needs. Experts in the documentary assert that tidal power is more dependable compared to solar and wind energy. However, the ocean's challenging conditions present obstacles that make it difficult to implement traditional machines effectively. The series showcases visionary inventions, including underwater kites and ships equipped with large rotor blades, designed to harness this renewable energy resource.
Availability of the Documentary
The 'Engineering Tomorrow' series is currently accessible through various media platforms and will be broadcast in additional countries soon. In Sweden, viewers can engage with the series via SVT Play.
Minesto's Vision and Technology
Minesto's commitment to sustainability aligns with the documentary’s mission of increasing awareness about clean energy solutions. The company focuses on minimizing the global carbon footprint of energy production by enabling cost-effective power generation from the ocean. Their award-winning, patented kite technology is specifically designed for areas with low-flow tidal streams and ocean currents, delivering energy where traditional solutions cannot efficiently operate.
Funding and Growth
To date, Minesto has secured over €45 million in funding from the European Regional Development Fund through various notable organizations. This financial backing represents the largest investment to date in marine energy by the European Union.
About Minesto
Founded in 2007, Minesto has established its presence in several key regions, including Sweden, the Faroe Islands, Wales, and Taiwan. The company’s primary shareholders include BGA Invest and Corespring New Technology. Minesto's stock is publicly traded under the ticker symbol MINEST on the Nasdaq First North Growth Market, with G&W Fondkommission serving as their Certified Adviser.
Contact Information
For further inquiries, individuals can reach out to Cecilia Sernhage, Chief Communications Officer, at +46 735 23 71 58.
Frequently Asked Questions
What is the focus of the documentary series 'Engineering Tomorrow'?
The documentary features innovative technologies aimed at addressing global energy challenges, particularly focusing on sustainable solutions.
Which technology from Minesto is showcased in the documentary?
The documentary highlights Minesto's revolutionary underwater kite technology used for generating tidal energy.
How can viewers access the 'Engineering Tomorrow' series?
The series is available on multiple media platforms, particularly on SVT Play in Sweden.
Why is tidal energy considered more reliable than other renewable sources?
Tidal energy is deemed more reliable due to its predictability compared to solar and wind energy, which are often subject to variable conditions.
What is Minesto's mission?
Minesto aims to reduce the carbon footprint of the global energy industry by enabling commercial power generation from ocean energy.
