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RE: LeoThread 2025-01-28 12:24

in LeoFinance11 months ago

World’s first ‘wall-of-turbines’ gets funding boost for offshore deployment
Technology incubator Enova has granted the concept 1.2 billion kroner, US$107 million, to build a demonstrator facility.

The world’s first-ever ‘wall-of-turbines’ took a major step towards becoming a reality after Norwegian technology incubator Enova granted the concept 1.2 billion kroner (US$107 million) funding to build the first demonstrator site. Wind Catching Systems (WCS), the company that proposed the concept, is expected to project by 2029, a press release said.

As the world looks for greener ways to power its economy, solar and wind power plants are being installed at an unprecedented scale. For countries with larger coastlines, offshore wind projects are preferred since they do not occupy land, freeing it up for other purposes.