Windcatching Plans to Install Wind Turbines on the Sea as Tall as the Eiffel Tower
Investing in the project are not only private individuals such as General Motors but also the Norwegian government through ENOVA, which has funded the project with nearly $900,000. The sustainability sector is among the most crowded in terms of startups, and the wind power sector is no exception: there are several entities engaged like Windcatching in studying and proposing solutions.
At the moment the project is still on paper, but the plans of Norwegian startup Windcatching aim to install mini wind turbines on a huge wall, 300 meters high (i.e., as high as the Eiffel Tower) and 350 meters wide, which will then be placed in the middle of the sea, where it will float without maintaining a fixed position like traditional offshore blades.
Read more about Windcathcing and find other important business news of the day with the Born2Invest mobile app.
Windcatching reported that a single wall of mini wind turbines would be able to power the energy needs of 80 thousand households
In the challenge toward the green transition, technology will help make not only energy from renewable sources more widespread and cheaper but also less discontinuous and weather-dependent. Founded in Oslo in 2017, Windcatching closed its $10 million Series A round in 2022 led by GM Ventures, the corporate venture capital of U.S. giant General Motors.
Windcatching reported that a single wall of mini wind turbines would be able to power the energy needs of 80 thousand households, and five of these installations would be enough to replace 25 conventional turbines. Among the most frequent criticisms of wind power is certainly that concerning the bulkiness of the blades, both on land and at sea. Then there is the issue of wildlife and biodiversity protection: the presence of offshore installations poses a real risk to bird life. On this aspect, however, the company would seem committed to reducing the dangers to animals.
The startup described its walls of mini-blades as floating wind farms based on a multi-turbine design. The design calls for each wall to have 126 turbines, but at the moment Windcatching plans to start with smaller sizes (up to a maximum of 12).
Investing in the project are not only private individuals such as General Motors but also the Norwegian government through ENOVA, which has funded the project with nearly $900,000. The sustainability sector is among the most crowded in terms of startups, and the wind power sector is no exception: there are several entities engaged like Windcatching in studying and proposing solutions. CNBC cites the cases of Kitemill and SeaTwirl.
(Featured image by hpgruesen via Pixabay)
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in StartupItalia, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
Bitcoin: Ordinals Attract Former Ethereum Developers
The Bitcoin community's acceptance of ordinal numbers is still the subject of debate, as seen during "The Great Ordinal Debate"...
Doorway and SeedBlink Sign a Partnership to Give More Investment Options to Investors
The agreement with SeedBlink is part of Doorway's international expansion process, which has already partnered with OurCrowd - a global...
Seeds for Sustainable Energy: Startups Awarded by Eni in Kenya
According to the latest report from the Kenya National Bureau of Statistics national government agency, the country gets 21.2 percent...
Debt Ceiling Wars Again: Will the US Fall into Recession
We found a special chart that clearly outlines how narrow this rally has been dominated as it has by the...
Why I Hate the 30-Year Mortgages
Since their highs of last October, mortgage rates have kept above 6%, but below 7%. It could be worse; mortgage...
Cannabis1 week ago
Medical Cannabis Could Be the Future of Brain Cancer Treatment
Cannabis2 weeks ago
Bavaria Wants to Stop Cannabis Legalization in Germany
Biotech5 days ago
Qubiotech Raises €500,000 and Looks to Europe and America by 2024
Crypto2 weeks ago
Ripple: Could Wiping Out XRP Reserves End SEC Lawsuit?