Minesto, a leading ocean energy developer, announced that its Dragon 12 tidal energy system (Luna), installed in Vestmannasund, Faroe Islands, has met a major production performance milestone: the longer tether enables a 25% increase in power performance.

This strengthens the company’s path toward commercial-scale deployment of its unique tidal kite technology.

Following the recent upgrade and installation of the Dragon 12 (Luna) mid-May, Minesto concluded that the system has met performance expectations as simulations predict. Most significantly, based on a 10 meter longer tether, the power performance increase is around 25% relative earlier testing. This is expected from computer simulation predictions.

These results further validate production volumes used in Minesto’s business cases for commercial buildout in the Faroe Islands.

“We are really pleased to have Dragon 12 in operation with increased performance in solid alignment with computer-simulated predictions. This underscores the electricity production volumes used in our Dragon farm business cases and thereby reduces investor risks,” said Dr. Martin Edlund, CEO of Minesto.

In addition to Dragon 12 showcasing technical performance, the production site in Vestmanna continues to serve as a live demonstration platform. Recent visits from utility partners, energy ministries, and potential commercial customers have further positioned the site as a central reference case in the global marine energy landscape.

“With the generated Dragon 12 production data and solid build-out plans in place, we are eager to engage investors and partners in taking the next step towards the world’s first Dragon Farm—an array of Minesto’s unique power plants,” said Dr. Martin Edlund.