Offshore Energy
  • news
  • test
JobsNewsletter
Offshore Energy logo
Topics
  • News
  • Contracts & Tenders
  • Authorities & Government
  • Automation
  • Business & Finance
Network
  • Dredging Today
  • NavalToday
  • Offshore Energy
  • Offshore Wind
  • Maritieme Vacaturebank
Company
  • Advertising
  • Newsletter
  • Jobs

© 2026 Navingo. All rights reserved.

Home›Business Developments & Projects›Minesto’s Dragon tidal energy device reaches record levels of electricity production
Business Developments & Projects

November 22, 2022 · about 3 years ago

Minesto’s Dragon tidal energy device reaches record levels of electricity production

Swedish marine energy company Minesto has produced record levels of electricity in the last two months with its 100kW Dragon 4 tidal energy device in Faroe Islands.

2 minutes read
  • LinkedIn
  • X
  • Email
Illustration/Minesto's Dragon 4 (Courtesy of Minesto)

Swedish marine energy company Minesto has produced record levels of electricity in the last two months with its 100kW Dragon 4 tidal energy device in Faroe Islands.

Since its successful commissioning in September 202 2, the second Dragon 4 unit has been producing electricity throughout October and November, delivering record-breaking results in terms of total electricity generated, peak performance, and energy conversion at large, according to Minesto.

To enable a mini array of two Dragon 4 units operating in parallel , Minesto said it would install a second foundation as soon as weather conditions allow. The installation of is expected to take place in December, the company informed.

In addition, the development of Minesto’s utility-scale power plant Dragon 12 , rated at 1.2MW, is also making significant progress. Despite extended lead times for certain components, factory acceptance testing of critical subsystems is ongoing with several of the tests completed.

The installation of the Dragon 12 is now scheduled for spring 2023, Minesto confirmed.

Martin Edlund , CEO of Minesto, said: “The long-term project goals remain intact and the Hestfjord 30MW array project is progressing according to plan. The fact that the Dragon 4 has proven itself creates real confidence in our work that is brought into the upscaled version Dragon 12.”

With the total planned capacity of the Hestfjord array of about 30MW , it will include 24 kite systems at 1.2MW each.

The annual yield of the site is estimated to be 84GWh , which is equivalent of 20% of the total Faroese energy consumption in 2021.

Subscribe and follow

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Business Developments & ProjectsEquipmentInnovationOperations & MaintenanceOutlook & StrategyResearch & DevelopmentTechnology

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1ADES jack-up rig pair lines up drilling jobs in Nigerian and UK waters
  2. 2Odfjell Drilling’s rig remaining with Norwegian oil & gas operator for another year
  3. 3Karoon boosts Brazilian field’s oil output with all wells now online
  4. 4TotalEnergies offloading Mexican shallow water block to Grupo Carso

Related articles

FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Karoon boosts Brazilian field’s oil output with all wells now online

12 days ago

Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

12 days ago

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free

Related news

FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Karoon boosts Brazilian field’s oil output with all wells now online

12 days ago
Illustration; Source: TotalEnergies
Business & Finance

TotalEnergies offloading Mexican shallow water block to Grupo Carso

12 days ago