Stena Line has signed an agreement to build an assembly facility for Swedish tidal energy developer Minesto's Deep Green tidal project in Holyhead, Wales.
Deep Green is Minesto’s tidal kite technology that gains energy from tides and ocean currents. The device consists of a wing that carries a turbine and a nacelle.
It is the company’s first commercial power plant array and is planned to be installed in Holyhead, deep off the coast of North Wales.
The hall allows assembly, service and maintenance of the power plants to take place in Holyhead Port.
Plans were recently announced to expand the Deep Green project from 10MW to 80MW installed capacity to allow Minesto’s power plants to supply renewable electricity for around 80,000 homes in Wales.
Minesto CEO Dr Martin Edlund said: “We are very pleased to have finalised this agreement with Stena Line. With its direct quay access for offshore transports to and from site we have secured a unique location that suits us perfect.
“In the establishment of our technology, it is also crucial to work with professional and long-term partners such as Stena Line.”
Stena Line owns the Holyhead port and has been active there through its ferry operations on the Irish Sea, with five routes connecting Ireland and the UK.
The assembly hall is slated for completion in June this year.
Minesto secured a €13m investment from the European Regional Development Fund through the Welsh European Funding Office in May 2015, for the commercial rollout of its Deep Green technology.
Image: Minesto will use the assembly hall in Holyhead for the future launch of its Deep Green technology. Photo: courtesy of Minesto AB.