In the Faroe Islands, Minesto is part of one of the world’s most ambitious energy transition schemes – to reach 100% renewable energy by 2030. Collaborating with local electric utility company SEV, Minesto is working to pave the way for tidal energy to become a core part of the Faroese energy mix. Minesto and SEV have a collaboration agreement including a power purchase agreement, through which SEV commits to purchase the electricity generated by Minesto’s tidal kite systems.
This information comes from the website of Minesto.