SeaTwirl gets financing for pilot and demonstration project

Wind Industry Profile of

SeaTwirl has been awarded a grant for “Larger pilot and demonstration projects for energy and climate change transition” from the Swedish Energy Agency. The grant amounts to 50.4 MSEK.

SeaTwirl was awarded the grant for its S2x project, the 1 MW wind turbine that will be installed in Norway. The project will contribute important data points for the continued scale up of the technology and be an important reference for SeaTwirl’s continued commercialisation where the aim is set for much larger turbines (10 MW and larger) in commercial windfarms. The grant will be paid out on an ongoing basis until February 2026 as predetermined milestones in the project are reached. The Swedish Energy Agency assesses projects both from a technical and business... ... More: Official Press Release SeaTwirl

Keywords:

SeaTwirl, grant, funding, wind turbine, vertical, pilot, demonstration project, Sweden, energy transition, Swedish Energy Agency