Floating wind tech developers to compete for £1m in Scottish grants
The Floating Wind Joint Industry Project (JIP), managed by the Carbon Trust, has today launched the Floating Wind Technology Acceleration Competition to accelerate the development and commercialisation of floating wind. The Carbon Trust, together with 14 leading offshore wind developers represented by the Floating Wind JIP, will select the best ideas with a particular emphasis on mooring systems and operations and maintenance (O&M).
With a fund of £1 million from the Scottish Government, the competition will award innovations that will drive the floating wind market forward to help meet decarbonisation targets and open up a £32 billion market opportunity.
Click here for more information on the Floating Wind Technology Acceleration Competition.