Approval Granted for Floating Wind Platform that Includes Fish Farm

China Longyuan Electric Power Group Corporation has received Approval in Principle from China Classification Society (CCS) for its floating wind foundation design that incorporates a fish farm. The concept aims to achieve multi-space, multi-level sharing of ocean space, particularly as offshore wind power development gradually moves towards deeper waters. An installation is planned in the... Continue Reading →

Funding Secured for Further Development of Floating Offshore Wind Substation

Semco Maritime, ISC Consulting Engineers, Aalborg University, Energy Cluster Denmark and Norway, and Sweden-based Inocean have all obtained funding to forward the development of a floating offshore substation (FOSS) concept. The parties announced their collaboration in 2022 and are now set to accelerate further the floating offshore substation development through funding from the Energy Technology... Continue Reading →

Floating Wind Specialist BW Ideol Secures Investment from ADEME Investissement

(OE) Floating wind farm and technology developer BW Ideol has entered into exclusive negotiations with ADEME Investissement, a state-owned French financier of innovative infrastructure projects, for ADEME Investissement to invest €40 million in BW Ideol’s project development activities. Under the agreed terms, BW Ideol will transfer its co-development project portfolio to a newly created subsidiary... Continue Reading →

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