– Minesto signs collaboration agreement with Hydrokite Project Development to enter Australia and New Zealand market
– Initial focus on Tasmania with further potential sites in Northern Territory, Western Australia, and New Zealand
– Hydrokite Project Development CEO Manuel Sessink brings extensive offshore energy industry experience
Minesto has partnered with Hydrokite Project Development to strengthen its market activities in Australia and New Zealand. The collaboration agreement aims to bring Minesto’s ocean energy technology to these new markets, with a particular focus on Tasmania in Australia and other potential development sites in the region. This strategic move aligns with Minesto’s approach of establishing markets through partnerships and leveraging local connections and expertise to limit financial exposure.
Hydrokite Project Development, led by CEO Manuel Sessink, brings over 25 years of experience in the offshore energy industry to the partnership. Sessink has held senior executive positions with major energy companies, including BHP, Santos, and INPEX. The collaboration between Minesto and Hydrokite Project Development is expected to pave the way for the introduction of Minesto’s unique tidal power generating technology to Australia and New Zealand.
The latest issue of Energy Global magazine covers a range of topics related to the renewable energy industry, including battery storage solutions, renewables in Europe, electrical infrastructure, turbine monitoring, battery storage technology, coatings, and more. This partnership between Minesto and Hydrokite Project Development represents a significant step towards advancing ocean energy technology in the Australian and New Zealand markets.