Swedish tidal developer Minesto has secured an agreement to supply two 100kW devices to Faroe Islands power utility SEV by 2020.
The deal covers the installation, commissioning and operation of two grid-connected DG100 tidal kites and a power purchase agreement which commits SEV commits to buy the electricity generated.
Installation of the first DG100 unit is planned for late 2019 or early 2020, with the second device to be installed in 2020.
Minesto said project development is in progress and a site has been identified in Vestmannasund, a strait in the northwest region of the Faroe Islands, which is a self-governing country within the kingdom of Denmark.
SEV will also provide required infrastructure such as grid connection and resources for consenting processes.
“As a remote island society, we do not have the option of buying electricity from neighbouring countries so we need to create the opportunities for a sustainable future ourselves,” said SEV chief executive Hákun Djurhuus.
“With Minesto’s technology, SEV can add a predictable and affordable source of clean energy with the potential to play a significant role in Faroes Islands’ transition to 100% renewable energy by 2030,” added Minesto chief executive Martin Edlund.