Minesto Publishes Half-Year Report for 2026
Minesto AB has released its half-year report for 2026, covering January to June. The company reports progress in electricity production and enhancements to customer offerings.
Swedish technology company Minesto AB has published its half-year report for the period January to June 2026.
The report indicates that the company has achieved tangible progress across its operations. Specifically, electricity production performance has been verified over long production cycles. Furthermore, customer offerings have been enhanced, and the customer base has been significantly expanded.
CEO Martin Edlund commented on the results, stating that the first six months have seen clear progress. He particularly highlighted the verified electricity production performance during extended production cycles.
Minesto specializes in harnessing tidal energy, utilizing a unique kite-like system that generates electricity from water currents. The company aims to commercialize its technology and establish itself in the renewable energy market.