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Minesto and Morteza Capital join forces to commercialize tidal energy in the Maldives

Barchart·10/26/2026 02:27:00
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GOTHENBURG, Sweden, Oct. 26, 2026 /PRNewswire/ -- Minesto, leading ocean energy developer, has signed a Memorandum of Understanding (MOU) with Morteza Capital, an investment manager and project developer with a strong regional network. The collaboration aims to develop commercial tidal energy opportunities in the Maldives, where Minesto's unique Dragon technology has the potential to contribute to the country's challenging renewable energy transition while preserving its unique natural environment.

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