Semi-submersible Wind Turbine Project Seeks EU Funding

Recharge
Thursday, July 05, 2012

Portuguese energy group EDP and US partner Principle Power appy for EU funding to build a 25MW-plus pre-commercial offshore array

According to a 'Recharge' report, the trial-run WindFloat 1 (WF1) has flowed more than 1.7GWh of energy since being moored in the Atlantic in 43 metres of water, 5km off Aguçadoura, near Póvoa de Varzim, northern Portugal, last autumn.

The 1,200-tonne floating concept, fitted with a single Vestas V80-2.0MW turbine, rode out storms that buffeted it with gale-force winds and waves of up to 15 metres during its first winter offshore.

The €20m ($25m) WF1 was built by the WindPlus joint venture, which counts EDP , Principle Power , Vestas , Portuguese shipbuilder A Silva Matos (ASM), venture capitalist InovCapital and Spain’s Repsol among its shareholders. The floater is seen as a game-changer both in terms of technology and supply-chain management.

On the basis of the successful trial operation of WF! the consortium has applied for European funding towards commercial development.

 

Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Hercules Offshore Shares Fall 33%

Drilling contractor Hercules Offshore Inc's shares fell as much as 33 percent to a record low on Friday, a day after Deutsche Bank cut its price target on the company's stock to $0.

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

Mexico Approves 5 Shallow Water Areas in Round One Oil Tender

Mexico has approved the terms for five shallow water areas containing around 355 million barrels of oil equivalent as part of its Round One tender to open up the country's oil fields,

Finance

Petrobras Downgrade Shakes Market

Moody's shocked bond investors this week with a surprise two-notch downgrade that put Brazilian oil company Petrobras in junk territory. The move was seen by some investors as overly assertive,

Brightoil Reports Steady Growth in Interim Results

Brightoil Petroleum (Holdings) Limited announced its interim results for the six months ended December 31, 2014, reporting steady growth over the period.   During the period,

Some Roads Reopened in Brazil, Truck Strike Persists

Striking truckers lifted their blockade of dozens of highways in Brazil after police began fining and arresting protesters, though strike organizers said they had

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2353 sec (4 req/sec)