With the 24,000 EUR grant funded by SEA through the GIA program, Minesto targets to secure investments and partnerships for build out of tidal energy power plants at identified sites near Keelung and at Green Island.

Most recently, Minesto successfully concluded its participation at the 2025 Nordic-Taiwan Sustainable Energy Forum, held in Taipei in December 2025, where the company presented its ocean-energy technology and engaged with key stakeholders across Taiwan’s energy industry. The forum, co-organized by Business Sweden Taiwan and the Energy Administration of Taiwan, brought together policymakers, researchers, and industry leaders to discuss energy resilience and the importance of international collaboration.

“Participating in the Nordic-Taiwan Sustainable Energy Forum and advancing our work under the Global Innovation Accelerator program builds momentum for Minesto in Taiwan,” said Dr. YungLung Chen, Project Developer, Minesto Taiwan Ltd. “The GIA program provides a structured pathway for us to broaden our partner base and secure project finance for the first Dragon Farms in Taiwanese waters.”

Taiwan remains a strategically important market for Minesto, with the collaboration with National Taiwan Ocean University and an industrial partnership with Taiwan Cement Green Energy in place, supporting joint efforts to advance the commercialization of ocean-energy solutions tailored to Taiwan’s future baseload renewable power needs.

National assessments continue to highlight strong tidal streams and robust ocean-current flows in Taiwan’s surrounding waters, underscoring the long-term potential for predictable, renewable electricity generation. These conditions align closely with Minesto’s tidal technology and Taiwan’s ambition to build a resilient, low-carbon energy system.