Swedish firm keen on bringing offshore wind energy to T.N.

Swedish company Flowocean AB has expressed interest in setting up floating offshore wind turbines in Gujarat and Tamil Nadu, subject to the approval of State governments.

It is also open to exploring possibilities of making components for turbines in the two States under the Make in India initiative, according to a press release from Flowocean. The company is talking to industries in Gujarat and is interested in doing the same in TamilNadu. It is also working on concrete proposals for investments in India. According to Jagat Shah, representative of Flowocean in India, with India having a coastline of 7,600 km, the potential for offshore wind turbines is high. Solar power systems and onshore wind power require vast areas, which is not the case for offshore wind power. However, offshore wind energy systems are expensive. Flowocean has introduced a floating wind power solution that costs just half of the current offshore wind power systems.

THE HINDU