ABP And Marine Power Systems Join Forces To Advance Floating Offshore Wind Technology

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  • ABP, the UK’s largest port operator, has signed a Memorandum of Understanding (MOU) with Marine Power Systems (MPS).
  • This is to accelerate the development of floating offshore wind technology in the Celtic Sea.

Key Points

  • The collaboration focuses on deploying MPS’s PelaFlex platform, designed for rapid deployment of large-scale floating wind farms.
  • ABP plans to invest £500 million in Port Talbot to create infrastructure for manufacturing, installation, and supply chain activities related to floating offshore wind (FLOW).
  • This project has the potential to generate thousands of jobs and attract billions in investments.
  • The MOU aligns with ABP’s sustainability strategy, “Ready for Tomorrow,” which aims for net-zero emissions by 2040.

Benefits of the Collaboration

  • Advancement of FLOW Technology: The project will contribute to the development of the UK’s floating offshore wind sector.
  • Economic Boost: ABP’s investment in Port Talbot is expected to create significant job opportunities and attract substantial investments.
  • Reduced Risks and Costs: Collaboration between ABP and MPS aims to create a streamlined and cost-effective approach to FLOW project delivery.

Looking Ahead

  • ABP and MPS will exhibit at the Global Offshore Wind trade show in Manchester, showcasing their commitment to this technology.
  • This collaboration is a positive step towards a greener future and a thriving floating offshore wind industry in the UK.

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Source: ABP