On April 24, the UK's Octopus Energy announced that Octopus Energy Generation, its energy development arm, would invest in Ocergy, a US company specializing in the design and development of production systems. floating offshore wind power.
Ocergy's floating offshore wind technology
(Source: Octopus Energy)
Ocergy's floating offshore wind turbines feature a lightweight modular design, making it easier and cheaper to transport the turbine foundation and assemble it at the final destination. It has partnered with more than a dozen major developers on multiple gigawatt-scale projects, with the first floating foundations expected to be installed in 2025-26. The company also plans to partner with local manufacturers to create local jobs.
Ocergy's floating offshore wind technology
(Source: Octopus Energy)
Octopus Energy's investment will enable Ocergy to commercialize its technology and support rapid expansion into new markets. It will also enable the expansion of modern biodiversity monitoring and environmental data systems. The investment will be made on behalf of Octopus Energy's Vector offshore wind fund, which was launched in late 2023.
The Japanese government has set a target of bringing offshore wind power generation capacity to 10GW, including floating types, by 2030 and 30-45GW by 2040, making Japan an important market for offshore wind power production. offshore. Ocergy has projects in development in Japan, and the company's floating base technology could be used at future offshore wind generation facilities in Japan.
Invite partners to see the activities of Pacific Group Co., Ltd.
FanPage: https://www.facebook.com/Pacific-Group
YouTube: https://www.youtube.com/@PacificGroupCoLt
