Aker Offshore Wind (AOW) insisted its global prospects remain strong despite suffering a lockout from this week’s massive ScotWind seabed round that sent its share price tumbling, but one analyst questioned the “relevance” of floating-only developers in the market and said the Norwegian should link with stablemate Mainstream Renewable Power.

Philippe Kavafyan, CEO of Norway-based AOW, said in a statement on Thursday that “despite the disappointment” of missing out in ScotWind, “we are confident that our capabilities, organisation and partnerships will contribute to accelerating the deployment of commercial scale floating wind around the world”.