The tie-upfollows the award of funding by the Virginia Department of Mines, Minerals andEnergy for a research project aiming to cut costs for commercial offshore windpower developments on the outer continental shelf waters off the east coaststate.

“We look forward to realising some practical solutionsthat will help to reduce the overall cost of harnessing wind power offshore,” says Axys chief executive TerryTarle.

Timmons’