End-to-End solution for floating wind
M2 PressWIRE
As the world looks to expand offshore wind capacity to meet ambitious targets, Ocean Ventus AS is launching a new End-to-End solution to deliver cost-competitive power from floating wind. Offshore wind targets imply an 8x increase in installed capacity to 2030, with 32 GW of floating wind expected to be developed in the next decade. Floating wind is moving from the North Sea to global markets to serve the growing demand for renewable energy in areas with waters deeper than 60 meters. However, foundations remain a bottleneck for the build-out of large-scale floating wind farms. Existing floating wind foundations are heavy, complicated, difficult to produce, and challenged by constrained supply chain capacity. Ocean Ventus offers an End-to-End solution at low-cost for the floating wind market, from foundation production to transportation, assembly, and maintenance. The company's efficient design, which saves up to 40% on steel costs and CO2 emissions, has now received Approval in Principle from DNV. The Ocean Ventus floater can be mass manufactured using similar methods employed for monopile production, while modular construction allows for simplified transport on low-cost vessels. Assembly utilizes two purpose-built barges that can complete 50 floating units per location annually, minimizing use of quay space. Finally, the foundation is designed to work seamlessly with a patent-pending service vessel, enabling turbine maintenance offshore and eliminating the need to tow to shore. .