Minesto signs MOU with Trayen Power to develop tidal energy projects in Chile

Minesto signed an MOU with Chilean developer Trayen Power to pursue tidal and ocean current energy projects in Chile. Partnership targets commercial deployments of Minesto’s Dragon Class technology for utility-scale arrays or remote microgrid power. Initial work covers site screening, feasibility studies, funding efforts, project development toward supplying electricity to the grid or local users. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Minesto AB published the original content used to generate this news brief via Cision (Ref. ID: 202610140820BITN____UKPR__EN_20261014-BIT-3394-0) on October 14, 2026, and is solely responsible for the information contained therein. (C)