Iberdrola-led consortium to build 10MW floating wind demonstration project

Cecilia Keating
clock
The 10MW turbine will be mounted on a semi-submersible floating concrete structure based on the OO-Star Wind Floater. Credit: Iberdrola
Image:

The 10MW turbine will be mounted on a semi-submersible floating concrete structure based on the OO-Star Wind Floater. Credit: Iberdrola

FLAGSHIP consortium is banking on using a €25m grant from the European Commission to mount a turbine in Norway's North Sea that will help drive the LCOE of floating offshore wind to €40-60 per MWh by 2030.

A consortium of European companies and institutions led by Spanish energy giant Iberdrola has unveiled plans today to build a 10MW floating turbine in Norway's North Sea. The goal of the demonstration...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Receive full access to businessgreen.com, indispensable information for business professionals

Choose from our 3 paid membership levels

Join now

 

Already a BusinessGreen
member?

Login

More on Energy

Dan McGrail worked at Siemens for almost 17 years before taking over the helm of RenewableUK in May | Credit: RenewableUK

RenewableUK's CEO Dan McGrail: 'The industry has gained trust by over-delivering - we need to keep doing that'

Trade association's new CEO has taken over at a pivotal moment for the UK energy sector - he speaks to BusinessGreen about ensuring the UK grasps its global opportunities

Michael Holder
clock 26 October 2021 • 13 min read
Juliet Davenport stepped down as Good Energy's CEO in May

What Juliet did next: Good Energy founder launches on-site renewable energy investment trust

Atrato Onsite Energy is aiming to become the first London-listed company with an all female board after it floats next month

Cecilia Keating
clock 25 October 2021 • 2 min read
Onshore wind

RenewableUK warns onshore wind approvals must double to reach climate goals

Latest figures from trade body reveal healthy pipeline of projects but warns slow approvals process is impeding sector’s growth

Cecilia Keating
clock 25 October 2021 • 2 min read