BW Ideol and Hitachi ABB Power Grids signs MoU to develop scalable floating substations for offshore wind

Wind Industry Profile of

BW Ideol today announced it has signed a memorandum of understanding with Hitachi ABB Power Grids, the world’s leading supplier of grid integration and power quality solutions, for an industry-first collaboration on developing scalable floating substations to support development of profitable commercial-scale floating offshore wind farms with high-capacity wind turbines.

Floating offshore wind is the next frontier in offshore wind power. Installed capacity of floating offshore wind installations is forecast to grow from 66 MW in 2019 to at least 6.2 GW in 20301 as more and more countries in Europe, Asia and North America are expected to develop deep-water wind resources. Substations are an essential part of offshore wind farm infrastructure. The power is transmitted... ... More: Official Press Release BW Ideol

Keywords:

BW Ideol, MoU, fkloating, offshore, substation, Hitachi ABB Power Grids, grid integration, power quality, collaboration, Europe, Asia