OFFSHORE WIND
BW Ideol’s concept uses a concrete hull which the company says is ideally suited to mass production and to onsite construction with a high level of local content.
French-Japanese investment agreement for the financing of offshore floating wind projects BW Ideol has executed an investment agreement with JERA, Japan’s largest utility company, and ADEME Investissement, a French State-owned investment company aiming at financing innovative infrastructure projects funded by the Investment for the Future Program, to create an investment company for financing the co-development of offshore wind projects using BW Ideol’s patented ring-shaped Damping Pool floating foundation technology over the next five years. ALL PHOTOS COURTESY OF BW IDEOL.
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W Ideol’s innovative Damping Pool floating offshore wind technology is compatible with any commercial offshore wind turbine, without modification to the turbine. In the Damping Pool concept, motions are reduced by using the hydrodynamic properties of a water mass entrapped in
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a central well, the oscillations of which oppose the excitation force generated by waves. BW Ideol’s concept uses a concrete hull which the company says is ideally suited to mass production and to onsite construction with a high level of local content. According to BW Ideol the Damping Pool has half the construction
and installation costs of any other floating foundation and is competitive with bottom-fixed foundations from in excess of 35m.
Investment for the future BW Ideol will hold 51% of the new entity, with JERA and ADEME Investissement
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