June 25, 2024 – The NextFloat+ Project has secured a €13.4m grant from the European Commission’s Innovation Fund. The project, led by a consortium of X1 Wind, Technip Energies, and NextFloat Plus aims to accelerate the rollout of next-generation floating wind technology by enhancing competitiveness and scalability. The grant will fund the deployment of a 6MW…
The European Commission has approved an Italian scheme to support offshore wind energy projects with a €2 billion investment. This initiative is part of a larger effort to boost renewable energy capacity in Italy and aligns with the European Green Deal, aiming to reduce reliance on Russian fossil fuels. The Italian government notified the Commission…
The European Union (EU) is seriously considering a ban on wind turbines made outside of Europe. This is due to rising concerns about cybersecurity risks and the growing influence of Chinese wind Turbine manufacturers. The EU is looking at a strategy similar to the one it used to limit the Chinese tech company Huawei’s role…