Two Cornish companies supported by £60m renewable energy fund
Marine-i has welcomed the news that floating offshore wind projects will receive more than £60m in public and private investment, to develop new technologies that will accelerate development of the fast growing renewable energy industry.
Part-funded by the European Regional Development Fund, Marine-i is designed to help the marine technology sector in Cornwall and the Isles of Scilly grow through harnessing the full potential of research and innovation.
The government recently announced the 11 successful projects that will each be awarded up to £10m, as it puts forward £31.6m to boost the amount of clean renewable energy generated in the country. In addition to this, industry will match the investment bringing the total to over £60m.
The cash boost will fund further research and development in floating offshore wind, with projects set to receive funding that will accelerate the deployment of turbines in seas around the UK. Research will focus on areas such as how turbines are moored to the seabed, undersea cabling and developing foundation solutions.
Among the beneficiaries of this new funding is Reflex Marine, a company with offices in Cornwall that Marine-i has supported to develop its new technology. Part-funded by the European Regional Development Fund, Marine-i is designed to help the marine technology sector in Cornwall and the Isles of Scilly grow through harnessing the full potential of research and innovation.
Reflex Marine engaged with the Marine-i project to gain valuable RD&I support in developing JAVELIN. A structured research programme was developed by Marine-i which covered key areas such as soil analysis, mooring design, load modelling, component testing and anchor performance testing.
Reflex Marine has now received a government grant of £882,283 to help further develop JAVELIN.
Prof Lars Johanning, Programme Director for Marine-i, said: “It is fantastic news that Reflex Marine have been successful in their bid for this government funding. This will be a tremendous boost and will help them further accelerate their development plans. As Marine-i lead partner, the University of Exeter is proud to have been part of this bid for UK government funding and we are delighted that it has been successful.”
Philip Strong, CEO of Reflex Marine, says: “Mooring FLOW turbines cost-effectively and reliably presents a considerable challenge and one of significant commercial importance to the sector. The design of the anchor is key to developing cost effective moorings. JAVELIN is an innovative concept which changes the paradigm for high performance moorings for floating offshore wind applications. It is differentiated from existing mooring solutions in that the anchor is installed in a borehole.”
Government funding of £3,268,058 has also been awarded to another business based in Cornwall, Trivane Ltd in Newquay. The funding support is for their trimaran project, which comprises 3 barges, each of simple construction and hence low cost, meaning they can be built almost anywhere.
Prof Johanning added: “We are thrilled to see Cornish business Trivane recognised and supported by the UK government. Marine-i has also provided innovation support to Trivane, helping with research and development of a floating wind platform concept. The sheer quantity and quality of the innovation currently happening in marine tech in Cornwall at present is quite incredible.”
