Norway awards $193m funding to Odfjell Oceanwind floating wind venture
Odfjell Oceanwind and its partners Source Galileo Norge and Kansai Electric Power Company, have received NOK2bn ($193m) in state funding for the GoliatVIND floating offshore wind project.
The 75 MW demonstration project in the Barents Sea, featuring Odfjell Oceanwind’s Deepsea Star semisubmersible foundation technology and 15 MW wind turbines, is being backed by Norwegian government enterprise Enova.
The wind farm will be connected to the Goliat platform, utilising the existing power cable to shore. It is planned to be in operation in 2027 or 2028, adding 320 GWh of renewable energy annually to the Hammerfest region. This corresponds to the energy consumption of approximately 12,000 households in Norway.
The purpose of the project is to demonstrate floating offshore wind technology in Norway as well as increased production of renewable energy in a region that has a large and growing need for electricity.
A total of seven players submitted project proposals that were assessed by Enova.
“This grant is a breakthrough for Odfjell Oceanwind and our technologies and is an important step towards us demonstrating the Deepsea Star with 15 MW turbines. The award is a result of a great team effort from all three partners in the consortium. It also demonstrates the government’s continued commitment to let Norwegian companies lead the way in the global floating offshore wind market,” said Per Lund, CEO of Odfjell Oceanwind.
