StatoilHydro to pioneer floating wind turbines

James S Murray
clock • 2 min read

Wind turbines attached to giant buoys promise to slash cost of offshore wind farms

Norwegian energy giant StatoilHydro has today unveiled plans for the world's first full scale floating wind turbine, a technology it hopes could slash the cost of offshore wind farms. The company said...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

James S Murray
Author spotlight

James S Murray

View profile
More from James S Murray

'A clear step change': European EV sales jump by over 50 per cent in March

Study: Switch to EVs could save Colombia $40bn in fuel import costs

More on Energy

IEA: Global emissions almost flat as clean tech boom eats into fossil fuel demand
Energy

IEA: Global emissions almost flat as clean tech boom eats into fossil fuel demand

Energy-related emissions reached an all time high in 2025, according to latest International Energy Agency report, but peak is nearing as electrification spreads rapidly across the global economy

Michael Holder
Michael Holder
clock 20 April 2026 • 6 min read
Europe's electrification push exposes gaps in grids and policy
Energy

Europe's electrification push exposes gaps in grids and policy

Setting direction is the easy part - actually building an electrified, clean power system is far harder writes, We Mean Business CEO María Mendiluce

María Mendiluce, We Mean Business
clock 20 April 2026 • 4 min read
Global Briefing: China signals intent to double clean energy by 2035
Energy

Global Briefing: China signals intent to double clean energy by 2035

Plus: EU eyes electricity tax cuts, Japan's emissions hit record low, and island nations call for a 'fossil free Pacific', in our weekly round up of green business news from around the world

James Murray
James Murray
clock 17 April 2026 • 5 min read