Norway Funds Floating Offshore Wind Projects Featuring 18.5 MW Turbines

Norwegian state enterprise Enova, owned by the Ministry of Climate and Environment, has awarded Fortius Offshore Wind AS and Fram Wind Solutions AS with NOK 3.94 billion (EUR 380 million) in funding to build floating offshore wind installations over the next five years.

The two projects awarded plan to install two large offshore wind turbines each at METCentre's demonstration site for floating offshore wind outside Karmøy in Rogaland.

A total of four new floating offshore wind turbines will generate enough energy to match the annual consumption of around 15,000 households. Annual energy production will amount to 300 million kilowatt-hours. The aim is to test and demonstrate new technology that can reduce the cost of generating energy from floating offshore wind, Enova said.

"If they succeed in making offshore wind technology profitable enough, it will be a major step toward faster, large-scale deployment of renewable power. Both Norwegian industry and the transport sector need this to reduce their climate emissions, "

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