We are pleased to announce that our WHEEL technology has been selected as one of the nine Phase One winners of the Floating Offshore Wind Readiness (FLOWIN) Prize.
Launched by the U.S. Department of Energy’s (DOE) Wind Energy Technologies Office (WETO) in September 2022 and administered by the National Renewable Energy Laboratory (NREL), this prize aims to unlock the potential of U.S. offshore wind energy by promoting the manufacturing and deployment of floating offshore wind energy technologies. Moreover, it supports the Biden administration’s goal of decarbonizing the U.S. electricity grid by 2035 and achieving a net-zero economy by 2050.
Esteyco, together with a consortium composed of renowned companies in the field of wind energy, including TotalEnergies, SSA Marine, Infrastructure and Energy Alternatives (IEA), Sarens USA, and Rover Maritime, has demonstrated in Phase One that the WHEEL technology is ready for mass manufacturing.
As Phase One winners, we have been awarded a cash prize and a voucher for technical support provided by the DOE’s national laboratories. We have also been invited to participate in Phase Two, where we will develop a plan for the mass manufacturing and deployment of gigawatt-scale floating offshore wind energy farms using the WHEEL technology.