Swedish marine energy technology company Minesto AB (<a href="https://www.nasdaqomxnordic.com/aktier/microsite?Instrument=SSE114883&name=Minesto" target="_blank">STO:MINEST</a>) said on Monday it is moving forward with a 10-MW tidal energy array in the Faroe Islands, the first phase of the Hestfjord Dragon Farm project.