DP Energy, FPP join hands for UK’s winds and waves

Business & Finance
FPP's P80 rendering (Image: FPP)
FPP’s P80 rendering (Image: FPP)

 
DP Energy and Floating Power Plant (FPP) have established a joint venture to evaluate and later develop sites in Scotland and Wales that would harness the energy from both winds and waves.

The new project companies are Dyfed and Katanes Floating Energy, developing sites in south Wales and north Scotland respectively.

Simon De Pietro, CEO of DP Energy, said: “For sites with a significant wave regime DP Energy believes Floating Power Plant provides one of the most promising hybrid technologies in the sector for extracting both wind and wave energy and we have chosen to partner with them on two pilot demonstration projects in the UK leading to potential commercial project developments, each with a capacity of around 200MW.”

Established in 2004, FPP is a Danish clean-tech company that has designed, developed and patented the P80 technology platform, providing a 5-8MW floating wind turbine combined with a 2-3.6MW wave device.

Ander Køhler, CEO of FPP, said: “For us to now be able to announce that we have joined forces with DP Energy in development of these two sites with our wind and wave technology is an important milestone. In 2015 we also established Floating Power Plant, with offices in Scotland, to lead our contribution to these developments as well as building links to the local supply chain.”

DP Energy is a renewable energy and sustainable development specialist operating in sites across the world.