Sweden – Minesto and Schneider Electric will work together to develop and build ocean energy farms based on Minesto’s Deep Green technology.
Minesto and Schneider Electric will engage with leading independent power producers and electric utilities to integrate Schneider Electric’s know-how and products with Minesto’s tidal and ocean current energy technology.
Accelerating marine energy
Minesto’s marine energy technology, called Deep Green, generates electricity from low-flow tidal streams and ocean currents by a principle similar to a stunt kite flying in the wind.
The wing uses the hydrodynamic lift force created by the underwater current to move the kite. With onboard control system and rudders, the kite is autonomously steered in a pre-determined figure of eight, pushing the turbine through the water. By doing so, the turbine experiences a water flow several times higher than the actual stream speed.
The collaboration aims to accelerate the commercial roll-out of marine energy to enable the global transition towards net-zero societies. Projects ranging from smaller microgrid installations to multimegawatt farms will be jointly identified, assessed, and developed, including exploiting the parties’ existing pipelines of leads.