Wind OEM Siemens Gamesa Renewable Energy (SGRE) and Denmark’s Aalborg University (AAU) will receive almost €20m (22.6m) in EU support over five years for the i4Offshore research and development project on significantly reducing the cost of offshore wind power.
The project named “ Integrated Implementation of Industrial Innovations for Offshore Wind Cost Reduction " aims to demonstrate and test new offshore wind power technologies, leading to solutions to make consumers' electricity bills both lower and more environmentally-friendly compared to fossil fuel sources or other renewable energy sources, SGRE said.
