SeaEnergy secures funds for offshore wind farm support
SeaEnergy has secured further funding support totalling £88,510 from Scottish Enterprise to advance its plans to establish an offshore wind farm support business.
The funding, which will supplement investment by the company of £345,190, will enable SeaEnergy to undertake detailed design and tank testing for its X-Bow based vessel system.
SeaEnergy, an energy ventures company focused on oil and gas and renewables businesses, said it has worked closely with Scottish Enterprise over the past year-and-a-half to help deliver its growth plans.
According to a statement, this latest support is in addition to grants awarded in May 2010 from Scottish Enterprise Innovation Support Scheme, which have been received over the past year-and-a-half.
Steve Remp, SeaEnergy’s chairman, said: ‘These grants have helped to de-risk investment, drive development and allowed us to pursue near-term commercial opportunities for our vessel system.’
SeaEnergy believes X-Bow vessels will provide greater levels of access and cost efficiencies to offshore wind turbine developers and operators than are currently available.
Register now to continue reading
Thanks for visiting The Engineer. You’ve now reached your monthly limit of news stories. Register for free to unlock unlimited access to all of our news coverage, as well as premium content including opinion, in-depth features and special reports.
Benefits of registering
-
In-depth insights and coverage of key emerging trends
-
Unrestricted access to special reports throughout the year
-
Daily technology news delivered straight to your inbox
UK Enters ‘Golden Age of Nuclear’
The delay (nearly 8 years) in getting approval for the Rolls-Royce SMR is most worrying. Signifies a torpid and expensive system that is quite onerous...