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    Porkeri Wind Farm Inagurated
    12.02.2021
    Porkeri Wind Farm Inagurated The seven wind turbines that form the Porkeri Wind Farm inaugurated The latest and southernmost of the Faroese wind farms was officially opened 11th February 2021. The turbines are
    58% renewables in December 2020
    18.01.2021
    58% renewables in December 2020 More than half of Faroese electricity was powered by renewable energy in December 2020. Predominantly by hydro power. A warm and wet December 2020 with increased precipitation resu
    Renewables made up 56% of electricity generated in the Faroe Islands in November
    15.12.2020
    Renewables made up 56% of electricity generated in the Faroe Islands in November The electricity mix in November consisted of six different sources of energy - five of which were sustainable energy sources More than half of Faroese electricity generation in Nov
    Minesto reaches historic milestone – delivers first tidal energy to the Faroese grid
    01.12.2020
    Minesto reaches historic milestone – delivers first tidal energy to the Faroese grid As a part of the ongoing commissioning work of its DG100 tidal kite system Vestmannasund, Faroe Islands, leading marine energy developer Minesto has reached the milestone of delive
    Vestmannasund project update
    31.10.2020
    Vestmannasund project update Minesto is making progress at the company’s tidal energy site in Vestmannasund, Faroe Islands, in commissioning the DG100 kite system. To date Minesto has successfully verified the
    Commissioning started at Porkeri Wind Farm
    22.10.2020
    Commissioning started at Porkeri Wind Farm Commissioning of the seven wind turbines that form the Porkeri Wind Farm started Tuesday 20th October. The turbines are type E44 from German manufacturer Enercon. Each turbine has
    The Faroes’ first offshore wind farm
    17.09.2020
    The Faroes’ first offshore wind farm SEV has announced plans to build an offshore wind farm off the shore near the capital Tórshavn The wind farm will be a joint venture between Faroese energy providers and various
    Update on tidal wave project
    03.09.2020
    Update on tidal wave project Minesto has today announced that the company plans to continue commissioning activities in its tidal energy project in Vestmannasund, Faroe Islands in mid-October. Dr Mar
    Porkeri Wind Farm taking shape
    10.08.2020
    Porkeri Wind Farm taking shape The first of seven Enercon wind turbines has been installed in Porkeri on the island of Suðuroy In the outfield above the village Porkeri on the southernmost island in the Faroe
    COVID-19 - SEV locks the doors again
    06.08.2020
    COVID-19 - SEV locks the doors again The Corona virus is active in the Faroe Islands again, and as a preventive measure visitors are not allowed to enter SEV premises All SEV employees are being tested and have bee
    Minesto Update
    02.08.2020
    Minesto Update Minesto has completed the installation of subsea and onshore infrastructure in the company’s tidal energy project in Vestmannasund, Faroe Islands. Minesto also successfully instal
    39% renewables in first half 2020
    13.07.2020
    39% renewables in first half 2020 Demand on electricity continues to grow, albeit not as fast as in previous years   Faroese demand on electricity reached 196.5 GWh first half this year, which is an 5.4% increase
    The name is 'Havfrúgvin'
    07.07.2020
    The name is 'Havfrúgvin' First of two kites in the tidal power project in Vestmannasund has been named The Prime Minister of the Faroe Islands, Bárður á Steig Nielsen, visited Minesto and SEV’s joint tid
    Minesto to complete Vestmannasund installation during upcoming tidal windows
    04.07.2020
    Minesto to complete Vestmannasund installation during upcoming tidal windows Onshore and offshore installation work has been conducted throughout the week in Minesto’s tidal energy project in Vestmannasund, Faroe Islands, involving Minesto, SEV and supplie
    Closing in on Vestmannasund kite launch
    29.06.2020
    Closing in on Vestmannasund kite launch Minesto and SEV are progressing their joint tidal energy demonstration project in Vestmannasund, Faroe Islands. With Minesto staff and hardware at the site, the installation work
    SEV and Minesto featured in CNBC article
    20.05.2020
    SEV and Minesto featured in CNBC article An article by business news network CNBC covers the collaboration of SEV and Minesto on adding tidal power to the Faroese energy mix   Read CNBC's interesting take on our tidal p
    47% sustainable electricity generation in April
    12.05.2020
    47% sustainable electricity generation in April Almost half of the electrical power produced in the Faroe Islands in April came from renewables Hydropower increased by 90% compared to April of last year and contributed 36%
    Minesto activities in Vestmannasund
    06.05.2020
    Minesto activities in Vestmannasund Preparations for the tidal power project in Vestmannasund continue despite of Coronavirus preventive measures Currently, friction measurements are being carried out as part of pr
    Satisfactory year for SEV
    24.04.2020
    Satisfactory year for SEV Sales increased and reached an all-time high at 350 GWh. Revenues exceeded expectations, although green energy generation decreased and costs of thermal energy production increase
    Nearly Half of Faroese Electricity Generation Sustainable in First Quarter of 2020
    07.04.2020
    Nearly Half of Faroese Electricity Generation Sustainable in First Quarter of 2020 47% of total generation in the first three months of the year came from renewables, i.e. hydro, wind and solar power, respectively While January saw an all-time record on sustain
    COVID-19 - SEV locks the doors
    12.03.2020
    COVID-19 - SEV locks the doors ​From 12 March and for the foreseeable future, our doors will be locked and no visits are allowed This precaution is one of several measures that have been taken in order to
    Green January
    06.02.2020
    Green January Renewable electricity generation in the Faroe Islands reached an all-time high at 23 GWh in January “It has been a good start to the year” says Heri Mortensen, director of po
    First field solar PV plant in the Faroes inaugurated
    03.12.2019
    First field solar PV plant in the Faroes inaugurated The island of Suðuroy is host to the test site The first field solar PV plant in the Faroe Islands has been inaugurated. It is located on an abandoned football field in the villa
    September rains secure sustainable energy
    17.10.2019
    September rains secure sustainable energy Renewable energy sources generated more than half the total Faroese electricity production in September The total of renewable energy production in September accounted for 50
    SEV wins wind tender
    02.10.2019
    SEV wins wind tender SEV has been awarded a wind tender of 18 MW located near Eiði on the island of Eysturoy in the Faroe Islands The wind farm will consist of 6 E82 ENERCON turbines, 3 MW each.   SE
    Tidal energy project
    22.08.2019
    Tidal energy project Tidal energy project in collaboration with Minesto is in progress. The site is Vestmannasund in between two of the main islands Streymoy and Vágar The collaboration agreement ent
    39% renewables in first half of 2019
    19.07.2019
    39% renewables in first half of 2019 Dry weather and below average wind speed in the first half of 2019 affect Faroese renewable energy production While 1st half of 2018 saw a 48 percent share of renewable electricy p
    One step closer to solar power in Sumba
    25.06.2019
    One step closer to solar power in Sumba An abandoned football field in the small Faroese village Sumba will serve as a test site for solar power in the Faroe Islands. SEV has been granted one of several permissions
    51% sustainable energy generation in the first quarter
    20.05.2019
    51% sustainable energy generation in the first quarter Hydroelectric power and wind power made up more than half of total electricity production in the first quarter of this year Of total electricity production in the first quarter of
    Annual Accounts 2018
    24.04.2019
    Annual Accounts 2018 The Annual Accounts for the year 2018 were submitted to and unanimously adopted by the General Assembly on 24th April The final result for 2018 was DKK 47.3 million before taxes
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