The consortium led by Minesto has successfully secured $2.6 million in funding, aimed at progressing an innovative tidal microgrid project in the Faroe Islands. This initiative seeks to harness the region’s abundant tidal energy resources to deliver reliable, sustainable power to remote communities traditionally dependent on fossil fuels. With an emphasis on cutting-edge marine energy technology, the project aims to demonstrate how small-scale, decentralized tidal energy systems can contribute to energy security while reducing carbon emissions in island settings.

The funded project will focus on several key objectives, including the deployment of Minesto’s proprietary Deep Green tidal energy technology alongside advanced microgrid solutions tailored for island environments. The collaboration…