Wind Catching Systems has received $107 million in funding from the Norwegian government to develop a 40-megawatt floating multi-rotor wind farm. It is an innovative approach that will make efficient use of space and reduce costs.
*The project, scheduled for completion in 2029, will consist of 40 1-megawatt turbines that are expected to produce 99 GW per year. It received funding through a competition run by state agency Enova to support small commercial offshore wind projects. *
The project is being funded through a competition run by state agency Enova to support offshore wind farms. However, experts are disappointed that only one project has received funding, as Norway has the potential to develop this technology at scale.
