FAU houses the Southeast National Marine Renewable Energy Center (SNMREC), a federally-designated research and testing facility aiming to speed up the commercialisation of Gulf Stream.
Minesto’s tidal and ocean current power plant, Deep Green, which resembles an underwater kite designed to generate electricity from low velocity currents will be deployed.
Minesto CEO Anders Jansson said, "It is truly exciting that we now will have the opportunity to explore the potential for Deep Green in the low velocity ocean current in the US."
Southeast National Marine Renewable Energy Center (SNMREC) executive director Susan Skemp said SNMREC will assist with Deep Green technology development and Minesto’s ocean current project ambitions around the world.
The US Department of Energy estimates that the Gulf Stream can supply about 30% of the energy consumption in North Carolina, South Carolina, Georgia and Florida, which is up to 163TWh electricity.
Minesto CEO Anders Jansson said, "SNMREC is preparing unique testing facilities located in the Florida Current, where Minesto has assessed the ocean current resource to be favourable for Deep Green."
"SNMREC are experienced in resource modelling, marine measurements environmental assessments and regulatory framework helping Minesto to accelerate potential development in the US," Jansson added.
