Source link : https://europ.info/2025/10/10/minesto-led-consortium-secures-2-6m-to-power-faroe-islands-with-innovative-tidal-microgrid/
A consortium led by Minesto has secured $2.6 million in funding to develop an innovative tidal microgrid project in the Faroe Islands, marking a significant step forward in harnessing marine renewable energy. The initiative aims to integrate Minesto’s cutting-edge tidal energy technology into the local power grid, enhancing the archipelago’s energy resilience and sustainability. This investment underscores growing interest in tidal power as a reliable clean energy source and highlights the Faroe Islands’ commitment to reducing carbon emissions through innovative offshore solutions.
Minesto-Led Consortium Secures Funding to Advance Tidal Microgrid Project in Faroe Islands
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…
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Author : Ethan Riley
Publish date : 2025-10-10 04:11:00
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