{"id":196777,"date":"2024-10-19T09:30:00","date_gmt":"2024-10-19T13:30:00","guid":{"rendered":"https:\/\/inspenet.com\/?p=196777"},"modified":"2024-10-16T15:41:22","modified_gmt":"2024-10-16T19:41:22","slug":"tidal-farm-with-dragon-technology-12","status":"publish","type":"noticias","link":"https:\/\/inspenet.com\/en\/news\/tidal-farm-with-dragon-technology-12\/","title":{"rendered":"Minesto advances with tidal energy farm in Faroe Islands"},"content":{"rendered":"\n<p>Minesto, a leader in <strong><a href=\"https:\/\/inspenet.com\/en\/news\/boem-and-offshore-wind-energy-auction\/\" target=\"_blank\" data-type=\"post\" data-id=\"191824\" rel=\"noreferrer noopener\">ocean energy<\/a><\/strong> technology, <strong>is moving forward with the construction of the first tidal dragon farm in the Faroe Islands<\/strong> , a first-of-its-kind project. The site, located in the Hestfjord, features the innovative Dragon 12 energy kites, capable of generating a total of 10 MW in its first phase. <\/p>\n\n<p>This development is part of the Faroe Islands\u2019 ambitious plan to achieve 100% renewable energy by 2030. Minesto\u2019s tidal technology has proven successful, following a pilot programme in which the <strong><a href=\"https:\/\/minesto.com\/products\/kite-systems\/dragon-12\/\" data-type=\"link\" data-id=\"https:\/\/minesto.com\/products\/kite-systems\/dragon-12\/\" target=\"_blank\" rel=\"noopener\">Dragon 12<\/a><\/strong> and Dragon 4 kites have already been connected to the local power grid. <\/p>\n\n<h2 class=\"wp-block-heading\">Strategic collaboration with Ernst &amp; Young<\/h2>\n\n<p>To consolidate the project and attract investment, Minesto has engaged renowned advisory firm Ernst &amp; Young (EY), which will manage the industrial partnerships and financing needed to expand the farm\u2019s capacity. EY\u2019s advisory has a global approach, but will initially focus on the Faroe Islands. <\/p>\n\n<p>Minesto CEO Dr Martin Edlund said the project is a key step towards commercialising <strong><a href=\"https:\/\/inspenet.com\/en\/news\/meygen-tidal-turbines-project\/\" data-type=\"post\" data-id=\"195312\" target=\"_blank\" rel=\"noreferrer noopener\">tidal energy<\/a><\/strong> on a large scale, highlighting the importance of EY\u2019s support in finding investors and business partners.<\/p>\n\n<h2 class=\"wp-block-heading\"><strong>Progress on tidal farm in Faroe Islands<\/strong><\/h2>\n\n<p>The team is currently working on site optimisation, resource modelling and the necessary environmental studies. In addition, the Faroe Islands\u2019 electricity distribution network has been modernised, which will allow for a seamless integration of the energy generated by the dragon farm. <\/p>\n\n<p>In the next phase, Minesto is expected to complete permit and licensing applications, as well as forming an investment consortium to carry out the full development of the site. This ambitious project <strong>could scale up to 200 MW<\/strong> , consolidating the <strong><a href=\"https:\/\/minesto.com\/faroe-islands\/\" target=\"_blank\" data-type=\"link\" data-id=\"https:\/\/minesto.com\/faroe-islands\/\" rel=\"noreferrer noopener\">Faroe Islands<\/a><\/strong> as a global benchmark in the transition to <strong><a href=\"https:\/\/inspenet.com\/en\/articulo\/renewable-energies-in-refineries\/\" target=\"_blank\" data-type=\"articulo\" data-id=\"165342\" rel=\"noreferrer noopener\">renewable energy<\/a><\/strong> . <\/p>\n\n<p><strong>Follow us on social media and don&#8217;t miss any of our posts!<\/strong><\/p>\n\n<p><a href=\"https:\/\/www.youtube.com\/@inspenet\" target=\"_blank\" rel=\"noreferrer noopener\">YouTube<\/a> <a href=\"https:\/\/www.linkedin.com\/company\/inspenetnetwork\" target=\"_blank\" rel=\"noreferrer noopener\">LinkedIn<\/a> <a href=\"https:\/\/www.facebook.com\/inspenetnetwork\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook<\/a> <a href=\"https:\/\/www.instagram.com\/inspenet\/\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram<\/a><a href=\"https:\/\/twitter.com\/Inspenetnetwork\" target=\"_blank\" rel=\"noreferrer noopener\">\u200b<\/a><\/p>\n\n<p><strong>Source and photo: <a href=\"https:\/\/minesto.com\/news\/first-of-a-kind-tidal-dragon-farm-in-the-faroe-islands-moves-forward\/\" target=\"_blank\" rel=\"noreferrer noopener\">Minesto<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tidal farm could generate up to 200 MW, enough to power more than 50,000 homes.<\/p>\n","protected":false},"author":9014,"featured_media":196021,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categoria_noticias":[13026,13044],"etiqueta_noticias":[],"class_list":["post-196777","noticias","type-noticias","status-publish","has-post-thumbnail","hentry","categoria_noticias-energy","categoria_noticias-new-energies"],"acf":[],"_links":{"self":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/196777","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias"}],"about":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/types\/noticias"}],"author":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/users\/9014"}],"replies":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/comments?post=196777"}],"version-history":[{"count":0,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/noticias\/196777\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media\/196021"}],"wp:attachment":[{"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/media?parent=196777"}],"wp:term":[{"taxonomy":"categoria_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/categoria_noticias?post=196777"},{"taxonomy":"etiqueta_noticias","embeddable":true,"href":"https:\/\/inspenet.com\/en\/wp-json\/wp\/v2\/etiqueta_noticias?post=196777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}