For the joint demonstration project, the firm has signed a collaboration agreement with Research Center for Ocean Energy and Strategies (RCOES) at National Taiwan Ocean University.
Initially, the collaboration will start with the installation of a quarter scale Deep Green power plant at an existing RCOES test site in Keelung.
The project will enable both the parties to conduct long-term testing of the Deep Green technology in Taiwanese tidal streams.
Minesto CEO Martin Edlund said: “For successful local commercialisation of a marine energy technology such as ours, it is very important that local research expertise get the opportunity to research and verify the technology.
“ That research will also make a significant contribution to the further technology development of the Deep Green concept”.
Under a second phase of the partnership, Minesto and RCOES will develop potential sites for the commercialization of the Deep Green technology.
Minesto said that the Deep Green technology will exploit low-velocity, continuous ocean currents at the sites.
The firm said: “What makes Taiwan a high-interest market to Minesto is that Deep Green could be deployed in both tidal streams and continuous ocean currents.
“Studies show that the combined local potential of tidal and ocean currents could satisfy as much as 50 per cent of Taiwan’s future electricity demand.”
The collaboration will allow RCOES to develop expertise in ocean energy test site operations, including infrastructure build-up.
In May 2015, Minesto secured a €13m investment from the European Regional Development Fund via the Welsh European Funding Office, for the commercial rollout of Deep Green.
Image: Illustration of the Deep Green marine power plant. Photo: courtesy of SCHOTTELGroup.
