Minesto winner of WWL Orcelle Award 2014

Minesto winner of WWL Orcelle Award 2014
Minesto winner of WWL Orcelle Award 2014

Nordic marine energy technology leader Minesto,founder of the Deep Green Technology has won The WWL Orcelle Award at the Ocean Exchange Event in Savannah, Georgia, USA.

(WK-intern) – Minesto was awarded the prize for having proved a great potential to accelerate sustainability.

Gothenburg, Sweden, and London, UK – The Ocean Exchange Event, which was held in Savannah Georgia, 5-7 of October, was handed out in two categories, of which Minesto won The WWL Orcelle Award and $100,000. A panel of 250 invited delegates from companies such as Boing, Caterpillar and Wallenius Wilhelmsen Logistics, selected the award winners among 10 finalists on site in Savannah, starting with 145 entries.

The WWL Orcelle Award rewards the solution that best can demonstrate the greatest potential to accelerate sustainability with applicability across multiple industries, generating positive impact on the environment, economies or health while respecting cultures around the world.

“We are excited to honor a worthy recipient and an innovative concept whose ideas and implementation will help take us one step closer to our vision of a zero-emissions future in the field of marine transport and logistics,” says Ray Fitzgerald, President of Wallenius Wilhelmsen Logistics Americas, which is also a worldwide sponsor of Ocean Exchange.

“We are proud to receive this very prestigious international award,” said Anders Jansson, CEO, Minesto. “It is rewarding to know that industry experts think that a marine energy company like Minesto deserves to win this. It also shows that industry experts are curious about, and impressed by, the success we have had with Deep Green and the fact that we now produce electricity from low velocity currents.”

A quarter scale prototype of Deep Green is currently producing electricity in the waters off Strangford Lough, Northern Ireland. Deep Green is the only known marine power plant designed to produce electricity from low velocity tidal and ocean currents, and as such significantly expands the global marine energy potential.

Minesto Deep Green / Graphic: Minesto
Minesto Deep Green / Graphic: Minesto

About Minesto

Minesto is a marine energy company on the mission to minimize the global footprint of the energy industry by enabling commercial power production from low velocity tidal and ocean currents.

Minesto’s award winning and patented product, Deep Green, is the only proven marine power plant that operates cost efficiently in areas with low velocity currents. Deep Green resembles an underwater kite with a wing and a turbine that is attached by a tether to a fixed point on the ocean bed, moving swiftly in an 8-shaped trajectory in the current.

Minesto was founded in 2007 and is based in Gothenburg, Sweden, and Northern Ireland, UK. The major shareholders in Minesto are BGA Invest, Midroc New Technology, Saab Group and Chalmers University of Technology. Anders Jansson is the company’s CEO. Read more about Minesto at www.minesto.com

PR: Minesto

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