ASCO has recently signed a Letter of Intent (LOI) with Windeed, an innovative developer of floating offshore wind solutions. This partnership aims to strengthen both companies’ positions in the floating wind sector by optimising logistics and operations for floating offshore wind projects.
Key Goals of the Partnership
The collaboration will focus on creating a comprehensive logistics plan to facilitate the construction and deployment of 1 GW of floating wind power in a single season using Windeed’s innovative floater technology. Additionally, an advanced operations and maintenance (O&M) services plan will be developed. A core component of this strategy is the use of Windeed’s unique in-situ heavy lifting solutions, allowing for significant turbine repairs directly at sea. This capability minimises downtime and reduces the Levelised Cost of Electricity (LCOE), making Windeed’s floating wind solutions both cost-effective and efficient.
This partnership presents a significant opportunity for ASCO to expand its footprint in the rapidly growing floating wind sector. By aligning with Windeed, ASCO can enhance its capabilities and tap into the vast potential of the floating wind market, which is set to become a key player in the global transition to renewable energy.
About Windeed
Windeed develops best-in-class patented floating wind solutions that harness the vast potential of offshore wind resources. Our proprietary floater and mooring designs, verified by external parties, enable higher capacity factors and offer a cost-effective renewable energy alternative. Windeed’s innovative solutions overcome critical industrial limitations, paving the way for rapid industry growth. Find out more about Windeed here.