Halfway mark achieved in the construction of storm-resistant OTEC prototype
25 June 2024 — Currently under construction at Hidramar Shipyard in Gran Canaria, Spain, the prototype designed to advance Ocean Thermal Energy Conversion (OTEC) in storm-prone areas has reached the 50% completion milestone. Fabrication began in March, and once completed, the cylindrical hull, along with a cold-water riser pipe and gimbal connection point, will be […]
NextFloat+ Project secures €13m grant from Innovation Fund
The NextFloat+ Project has secured a ‘cornerstone grant’ of €13.4m from the European Commission’s Innovation Fund supporting the industrialisation of floating wind. The pan-European project aims to accelerate the roll out of the next generation of floating wind technology by boosting competitiveness and scalability. Led by a consortium formed by X1 Wind, as project coordinator, alongside Technip […]