Minesto has signed a Memorandum of Understanding with the government of Antigua and Barbuda to start a study of feasibility for a potential tidal energy project.
The Swedish marine energy technology developer Minesto uses ocean currents and tidal streams to produce electricity.
The study facilitated by the United Nations Office for Project Services Antigua and Barbuda Science and Innovation Park will establish whether Minesto’s Deep Green technology may be used in Antigua and Barbuda and the wider Eastern Caribbean region.
The company said in a statement today that it will work together with the state to carry out an ocean resource feasibility study of the potential deployment of its Deep Green technology around Antigua and the wider Eastern Caribbean region.
“Our technology could be a key component as the Government of Antigua and Barbuda looks to replace diesel generation with affordable, reliable and clean electricity, including applications such as water desalination,” said CEO Martin Edlund.
Chet Greene, Minister of Foreign Affairs, International Trade and Immigration said: “The opportunities to be explored under this MoU could see Antiguans and Barbudans catapulted in the green and Blue economies.” He also added, “Antigua and Barbuda more so looks forward in welcoming Minesto to study the possibilities of adding to our power grid by using ocean currents to generate clean energy to power the two island state.”
