DNV GL's technical due diligence reportedly helped secure the €60 million from the European Investment Bank so the project could become the world's first project-financed floating wind farm.
The project is being developed by Windplus and will incorporate three 8.4-MW MHI Vestas turbines, the largest and most powerful wind turbines ever installed on a floating foundation platform.
Windplus is a subsidiary of EDP Renewables, Repsol and Principle Power.(Source: DNG GL, Windpower Eng., 7 Nov., 2019)Contact: EIB, www.eib.org; Windplus SA, www.offshorewind.biz/tag/windplus; EDP Renovaveis, www.edpr.com;
DNV GL, Liv Hovem, CEO, +47 6757 9900, www.dnvgl.com
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The project will also be supported by the InnovFin Energy Demonstration Project facility, which is funded under the EU's Horizon 2020 research and innovation programme , and an additional €29.9 million from the EU NER300 programme, plus up to €6 million from the Government of Portugal, through the Portuguese Carbon Fund.
Until 2020, "InnovFin -- EU Finance for Innovators" offers a range of tailored products which will make available financing in support of research and innovation (R&I) by small, medium-sized and large companies and the promoters of research infrastructures.
(Source: European Investment Bank, EDP Renewables, 19 October, 2018) Contact: EIB, www.eib.org; Windplus SA, www.offshorewind.biz/tag/windplus;
EDP Renovaveis, www.edpr.com
More Low-Carbon Energy News European Investment Bank, Wind, EDP Renovaveis, Repsol, Windplus S.A,
Initially, the government plans to establish 500 MW-class wind turbines in coastal areas and explore ways to converge them with shipping, ship building and other marine-based industries. It also aims to create large-scale floating wind farms.
(Source: Korean Ministry of Trade, Industry and Energy, The Investor, 28 June, 2018)Contact: Korean Ministry of Trade, Industry and Energy, english.motie.go.kr
More Low-Carbon Energy News Renewable Energy, Korea Renewable Energy, Wind,
Hexicon previously announced plans to transfer its floating wind platform technology to a new joint venture with Coens in South Korea, where it wants to offer serial production of locally-made units. (.Source: Hexicon AB, Renewables Now, 20 June, 2018) Contact: Hexicon AB, +46 (0) 8 525 064 00, firstname.lastname@example.org,
More Low-Carbon Energy News Hexicon, Offshore Wind, Floating Wind,
Based on Ideol's shallow-draft Damping Pool concept and designed to operate in the world's most extreme environments, the universal floating substation will remain flexible to client demands and/or specific certification requirements and accommodate both bottom-fixed and floating offshore wind farms starting at depths of 30 meters.
The solution aims at being market-ready for France's upcoming floating commercial tenders, accoring to a statement.
(Source: Ideol, STX, Windpower Eng., May, 2018) Contact: Ideol, +33 (0)4 86 20 80 50, www.ideol-offshore.com/en
STX Solutions Europe, www.offshore-technology.com/contractors/design-engineering, www.offshorewind.biz/tag/stx-europe-offshore-energy
More Low-Carbon Energy News STX Europe Offshore Energy, Offshore Wind, Offshore Energy, Ideol, Offshore Wind, Floating Wind,