Spanish engineering consultancy Saitec Offshore has secured almost €2m from the European Commission (EC) to build a part-scale version of an innovative concrete floating wind turbine design that promises to have a "levelised cost of energy like onshore wind" when built at its full 10MW-plus size.

The EC funding, awarded under the Horizon 2020 scheme, will be put towards building a deploying a 1:6 prototype of its SATH ( Swinging Around Twin Hull) design for a 24-month offshore testing programme to de-risk a 2MW demonstrator, known as DemoSATH, in Q3 2020.