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 … Continue reading Minesto and SEV Ink PPA for Faroe Island Tidal Installations