The funds – stumped up by cleantech investmentcapital firm Demeter Partners, Sofimac Partners and Soridec – will pave the wayfor the construction of a demonstrator unit being built with turbine-makerGamesa and Stuttgart University under the EU-backed €36m FloatGen project.

The Ideol floater is based around a square,open-centred platform design, moored to the seabed using a catenary-stylespread of chain lines, or hybrids of chain and synthetic rope, with“soil-specific” anchors.

The