Minesto AB has renewed the collaboration agreement with National Taiwan Ocean University (NTOU)

Swedish marine energy developer Minesto AB has renewed the collaboration agreement with National Taiwan Ocean University (NTOU) to explore the potential for Minesto's Deep Green technology in Taiwan. The renewed collaboration agreement with NTOU's Center for Ocean Energy System (COES) was signed at a ceremony in Taipei by Minesto's CEO Dr Martin Edlund and Professor Chen-Chou Lin, Director of COES. The collaboration between Minesto and COES builds on a phase-staged approach to go from a joint demonstration project at a test site in Keelung to full-scale ocean deployment of Minesto's Deep Green technology in Taiwan. It strives to encompass both commercial and research-related objectives such as developing the marine energy market in Taiwan and neighboring countries, as well as studying survivability in typhoon conditions. "We are very pleased to continue our collaboration with COES, who is an influential actor in the field of ocean energy in Asia", said Minesto's CEO Dr Martin Edlund. "Taiwan is surrounded by rich ocean energy including continuous ocean currents, which present the opportunity for renewable baseload power production. The ultimate goal of our collaboration with COES is to find a path towards clean and predictable electricity generation based on these currents." Minesto also had the opportunity to meet with several key industrial actors and governmental bodies within the Taiwanese renewable energy landscape at Energy Taiwan Forum 2019. "It was an enriching experience to network with other stakeholders committed to increasing the stake of renewable energy in Taiwan's electricity production. We are working hard to cultivate connections and intensify collaborations with these leading players to strengthen the company's foothold and further the development of our Deep Green technology in Taiwan and beyond", commented Minesto's CEO Dr Martin Edlund.