DUAL FLOATING WIND TURBINES
The Challenge
Wind is an increasingly important source of low-cost renewable energy, but onshore turbines can be inefficient.
On land, wind turbines are subject to unpredictable wind speeds and directions, causing loss of efficiency. Offshore wind turbines can generate more power, but developers are approaching the limit of sites that can be exploited for fixed-bottom turbines.
The Solution
DUAL Floating Wind turbines
Proprietary technology for semi-submersible offshore wind farms unlocks enormous power generation potential.
The unique design of two turbines per floating platform significantly increases energy capacity per area at sea. Meanwhile, passive alignment with the wind minimizes inefficiencies and enables maximum power to be generated.
OPPORTUNITY Highlights
Scalable business model
Asset-light platform is positioned for exponential growth.
A partnership-focused model enables rapid scaling via collaboration with industrial partners, with revenue generated from licensing, project development and equity options - without requiring costly asset investment.
TURBINE comparison
+70% installed capacity
per site area
-45%
+70%
-45% inter-array cables
Competitive
advantages
HIGHER POWER
Increased power production from higher wind speed in deeper water
COST EFFECTIVE
Reduced structural mass, cable length and transport costs
EFFICIENT
Two-turbine design generates more energy vs. single-unit designs
MINIMAL CONSTRUCTION
Less offshore works and heavy lifting operations required
LOWER VISUAL IMPACT
Deep offshore location overcomes aesthetic and wildlife concerns of onshore wind
COST REDUCTION
Costs reduce as tech evolves further
Market Size
Offshore Wind
$21B
Global market value forecast by 2026, according to Global Market Insights
Floating offshore wind
$9.36B
Global market value in 2026 according to Fortune Business Insights
