Norway supports New Ocean Grid project in the North Sea

Wind Industry Profile of

The Norwegian Minister of Trade and Industry, Iselin Nybø, announced today that the Ocean Grid project will get financial support of 82.7 million NOK, through the Green Platform scheme.

The project will develop new technology, knowledge and solutions to enable a profitable development of offshore wind on the Norwegian continental shelf. It will look particularly at the way offshore wind will be connected to the grid. The work will touch on both bottom-fixed and floating wind farms, and will in the long term enable the creation of green jobs and increased export revenues. The project partners will also bring their own financial contributions to the table, raising the total to 125.5 million NOK for the development of the offshore grid. Both the supply industry and... ... More: Official Press Release Equinor

Keywords:

Equinor, Norway, offshore, grid, Ocean Grid, Norwegian continental shelf, cable design, wind farm, North Sea