Nordic marine energy company Minesto, founder of Deep Green Technology, has won The WWL Orcelle Award at the Ocean Exchange Event in Georgia, US.

The award rewards the solution that best can demonstrate the greatest potential to accelerate sustainability with applicability across multiple industries, generating positive impact on the environment, economies or health while respecting cultures around the world. A panel of 250 invited delegates from companies such as Boing, Caterpillar and Wallenius Wilhelmsen Logistics, selected the award winners among 10 finalists, starting with 145 entries.

“We are excited to honor a worthy recipient and an innovative concept whose ideas and implementation will help take us one step closer to our vision of a zero-emissions future in the field of marine transport and logistics," said Ray Fitzgerald, President of Wallenius Wilhelmsen Logistics Americas, which is also a worldwide sponsor of Ocean Exchange.

"We are proud to receive this very prestigious international award," added Anders Jansson, CEO, Minesto. "It is rewarding to know that industry experts think that a marine energy company like Minesto deserves to win this. It also shows that industry experts are curious about, and impressed by, the success we have had with Deep Green and the fact that we now produce electricity from low velocity currents."

A quarter scale prototype of Deep Green is currently producing electricity in the waters off Strangford Lough, Northern Ireland. Deep Green is designed to produce electricity from low velocity tidal and ocean currents, significantly expanding the global marine energy potential, said Minesto.