Danish utility Orsted and Spanish infrastructure giant Acciona have entered a strategic partnership to commercialise floating wind with the mass production of platforms, while reducing its carbon footprint by using carbon-neutral materials such as bio-cement.

As part of a memorandum of understanding (MoU), the companies plan to collaborate to reduce the technology’s levelised cost of electricity (LCOE), industrialise the fabrication of concrete foundations, and establish a European supply chain to support Orsted’s floating wind project pipeline.