U.S.A and France governments invest in floating offshore wind technology

News

Ademe Logo

At Windcrete we develop technology towards the economical use of offshore wind resources. This industry has been growing tremendously and continuously; bringing clean electricity to consumers, creating jobs and helping reduce our impact on the environment. Recent investments made into floating offshore wind demonstration projects by the French and American governments demonstrate that they also acknowledge the potential and have started to invest in the next generation of technologies, the one that will reduce the costs and expand the feasible resources.  These investments are quite significant as well, with France committing 150 Mill. € [1] [2] and the U.S an equivalent of 35.5 Mill. € [3]. We are quite pleased to see this investments as they add up to the many initiatives from the Horizon 2020 program that could be used in the near future to fuel the final development stages of Windcrete.