ASM Industries to make platforms for Windfloat Atlantic

Floating wind turbine using WindFloat technology. Author: Untrakdrover. License: Attribution-ShareAlike 3.0 Unported.

August 6 (Renewables Now) - Portuguese wind towers producer ASM Industries announced on Friday it has been selected to supply two complete platforms for Windplus’ 25-MW Windfloat Atlantic floating wind project off Portugal.

ASM Industries said in a statement that it has already started production of the platforms and expects to deliver them in June 2019. The company will be investing EUR 40 million (USD 46.3m) in two new units in Setubal and Aveiro to serial manufacture offshore structures, CEO Adelino Costa Matos said, adding that ASM Industries wants to explore the potential in this strategic area.

“We aim to reach a total turnover of EUR 50 million in 2020, with offshore structures contributing 70% and creating 200 jobs in the area,” the executive noted.

The WindFloat Atlantic project, owned by Windplus, will use technology from US floating wind power technology company Principle Power Inc. It will consist of three semi-submersible and triangular floating platforms, each of which will accommodate an 8.4-MW wind turbine.

The installation should come on stream in the summer of 2019, according to ASM Industries’ announcement.

(EUR 1.0 = USD 1.156)

More stories to explore
Share this story
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription