Our member Minesto declared today in a Press Release that they are progressing towards installation in Holyhead Deep, Wales, as their gravity base structure has been delivered. The structure was floated on the River Mersey on Wednesday to mark a milestone for Minesto’s operations in Wales and the upcoming offshore installation in Holyhead Deep.

“With the delivery of the gravity base structure, we are making significant progress towards the first installation in Holyhead Deep”, says David Collier, COO of Minesto. “Preparations for offshore testing is in it final stages and we are relishing the prospect of soon being operative in the tidal streams off Holy Island”.

“Our ambition is to generate electricity during the third quarter this year”, says Dr Martin Edlund, CEO of Minesto. “This is a key milestone in the overall development of the Deep Green technology and the results will enable us to take important steps towards commercialisation of our Utility Scale product line, together with customers, project financiers and funding partner.”

Read the full Press Release

Source: Minesto