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SeaTwirl targets niche markets

By: Matthew White 24/05/2018 SeaTwirl

General Windfarms

SeaTwirl has identified markets where wind turbines of the size of 1MW can meet a market demand and sees a possibility to build a business aimed at these niche markets in parallel with its main target. That can mean revenues for the company sooner than it originally planned.

The niche markets that have been identified are islands and remote seaside villages, fish farms and desalination plants. These are business and places that today are run mainly on electricity from diesel generators, which is both expensive and emits CO2.

In preparation for selling to some of these markets, SeaTwirl has entered into a cooperation with Unitech Offshore AS and NOVATON Erneuebare Energien AG. The companies will combine their knowledge in offshore, floating wind power and solar panels to offer the market hybrid solutions with wind- and solar power.

"Novaton, SeaTwirl, and Unitech share the vision about building hybrid solutions for green sea-based electricity and to pool their resources and experiences to make that happen. Renewable hybrid solutions are the future for the green electrification and management of our sea resources. This is a solid market that can only grow in the future", says Novaton’s chairman Christine Ledergerber Hinderling and CEO Issam Kabbani.

"Our main target is still to take a leading position on the, in the future, very large market for floating wind power, but on our way there, we want to get the most out of the development work that we are doing. That’s why we find this opportunity, where we take our 1 MW turbine and offer it as a part of a hybrid solution for niche markets, so exciting. It means that we can reach the market with our solutions more quickly", says SeaTwirl’s CEO Gabriel Strängberg.

Recently SeaTwirl, in the “Analysis methodology for fatigue of wind turbine” project, began research into the robustness of turbine blades. The aim of the research is to widen the range of places the turbines can be deployed due to extreme conditions.

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SeaTwirl targets niche markets

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