Danish company Floating Power Plant (FPP) has secured a site for an over 5MW wind and wave system at the Plocan test centre in Spain’s Canary Islands.
A contract has been signed to progress the deployment of a full-scale hybrid floating wind and wave platform off Gran Canaria.
The deal will enable FPP to deploy its platform in a designated area to the north of the Plocan test site and allows for grid connection through a new subsea cable.
FPP head of commercial and operations Chris McConville said: “This is a key milestone in delivering the world’s first multi-megawatt wind and wave energy device and allows us to demonstrate what the system can offer remote islands looking to overcome the challenges of renewable energy integration.
“Reaching this agreement allows us to accelerate the development of the project and our technology, engaging key local stakeholders and value chain as well as progressing design and certification of the technical solution. “
Plocan director Jose Joaquin Hernandez Brito said: “The project will benefit from the Canary Islands facilities and opportunities for testing and demonstrating ocean renewable energy, accelerating the energy transition in the islands, untapping the huge offshore wind potential, decreasing generation costs, and energy dependence from imported oil derivatives.
“The project is a step forwards to attract investments, talent and diversify the economy in the region.”