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Floating Power Plant will deploy its full scale, hybrid floating wind and wave platform at the PLOCAN-site off the coast of the Canary Islands.

Read Plans for full-scale floating wind-wave hybrid pilot off Spain and other wind energy news & analysis on Windpower Monthly

FPP pockets €17.7M for floating wind and wave scheme off Canary Islands April 29, 2021, by Amir Garanovic Danish company Floating Power Plant (FPP) has secured €17.65 million in R&D tax credits for an offshore floating wind and wave project off the coast of the Canary Islands. FPP’s floating wind and wave hybrid concept (Courtesy of Floating Power Plant) The R&D tax credit agreement will help finance the demonstrator project at the Oceanic Platform of the Canary Islands (PLOCAN) which is currently in development. The initial three years of a...

Consortium including Ocean Sun and Fred Olsen Renewables to develop 250kWp project near Gran Canaria

PLOCAN was chosen by Wavepiston because of the test infrastructure in place including necessary environmental approvals. The access to the test site is subsidised through a grant from the Interreg AA Blue-GIFT project, which is funded by the European Commission. Interreg AA Blue-GIFT aims to support Atlantic area companies to test next generation ocean energy technologies in real sea environments. The prototype was assembled in the Port of Las Palmas and towed to PLOCAN’s test area. Wavepiston said the system comprises a chain of wave energy collectors stretched between two anchored buoys, ...