Floating offshore wind newcomer raises $4m for pilot project

Floating offshore wind newcomer Gazelle Wind Power Limited has raised $4 m to accelerate development of its hybrid floating offshore wind platform.

The Dublin-based manufacturer’s three-legged platform combines features from tension-leg and semi-submersible designs.

Its design features three cylinders to provide buoyancy, while its combined legs and mooring system will stabilise the structure.

The company claims its platform will use less steel and be cheaper than other floating wind platforms.

It added that its platform will also have smaller horizontal movements, a smaller swept area, drift less than other semi-submersible platforms, and have a tilt of less than 1 degree.

Gazelle Wind Power has not confirmed when or where a pilot project would be deployed, or when it expects to make the platform commercially available.

It has also not confirmed whether it will require further funding.

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