Aker Offshore Wind has been awarded a grant from Enova, Norway’s innovation fund
for environmentally friendly technologies, for a pre-project that aims to reduce
costs and increase maturity in important technical segments of offshore floating
wind.

The overall objective is to better understand how technical solutions can enable
use and development of a Norwegian supply chain and drive down costs over time. 

“Today's solutions are mature enough to move from the pilot phase to the
development of industrial-scale projects. At the same time, the market for
floating offshore wind is in an early phase and we continue to innovate and
explore new solutions to support the step up to mass production. In this
project, we will challenge the full technical system and explore how solutions
can contribute to future Norwegian competitiveness,” says Geir Olav Berg, Chief
Technology Officer of Aker Offshore Wind.

The launched project study explores how the supplier industry can develop and
support the realization of offshore wind in segments such as fabrication,
execution models and offshore technologies. 

The study is funded by the company and a grant of NOK 10 million from Enova, for
the current project phase. Enova is the Norwegian government’s enterprise
responsible for promotion of environmentally friendly production and consumption
of energy.

“Aker Offshore Wind aims to be a driving force in the industrialization of
floating offshore wind in Norway and internationally,” says Astrid Skarheim
Onsum, Chief Executive Officer of Aker Offshore Wind. “We appreciate the support
of Enova and look forward to working closely with the Norwegian supplier
industry as our home market matures.”

ENDS

For further information, please contact Ivar Simensen, +47 46402317,
ivar.simensen@akerhorizons.com