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Wind Catching Systems secures NOK 9.3 million grant

By: Tom Russell 06/02/2023 Wind Catching Systems

General Windfarms

Wind Catching Systems AS (Wind Catching Systems) the developer of floating offshore wind technology, announced the award of a pre-project grant of NOK 9.3 million (USD 0.9 Million) from ENOVA.

Wind Catching Systems has been awarded a grant of NOK 9.3 million to support the initial implementation of a full-scale Windcatcher. Through the pre-project, Wind Catching Systems will mature and validate the technology and cost estimates for a full-scale Windcatcher.

The Windcatcher system is a floating wind power plant based on a multi-turbine design. Through having multiple turbines on a single floating platform, Wind Catching Systems aims to maximise the energy production per floating structure while enabling a self-contained maintenance system eliminating the need for specialised vessels to support offshore maintenance operations.

“This is the second grant Wind Catching Systems has received from ENOVA. The support from ENOVA is a strong validation of both our technology and our team. We are now fully focused on maturing our technology towards our first offshore installation,” said Ole Heggheim, the CEO of Wind Catching Systems.

Headquartered at Lysaker outside Oslo, Norway, Wind Catching Systems is owned by GM Ventures (the venture capital arm of General Motors), Ferd AS and North Energy ASA (a publicly traded industrial investment company).

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Wind Catching Systems secures NOK 9.3 million grant

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