SeaTwirl receives an approved concession in Norway

SeaTwirl has received an approved concession for the installation of the floating wind turbine S2x in Bokn municipality, Norway. The approval marks an important milestone for the Company.

SeaTwirl, together with Marin Energi Testsenter AS (MET) applied for a concession period of five years. The installation site for S2x is planned to be located in Boknafjorden, northeast of Lauplandsholmen.

The facility is to be located approximately 700 meters off the coast with a sea depth of up to 130 meters. The site intended for the installation of S2x was previously a fish farm. It is planned that S2x will be connected to an existing onshore transformer substation, and it has been confirmed that there is sufficient capacity in the transformer substation to handle the power generated. SeaTwirl has already reported that Haugaland Kraft will purchase the electricity produced.

It feels very good to get this approval from NVE (Norges vassdrags- og energidirektorat), as we have been waiting for the concession in Norway to continue our work with the S2x project. While waiting for an approved concession, we have made good use of our time. Our team has focused its work on improving the design to be as efficient and optimal as possible, as well as reviewing and minimizing potential risks.” Peter Laurits, CEO SeaTwirl.

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