Entrion Wind, Inc. and Acteon through InterMoor, the lead brand within our Moorings and Anchors segment, have signed an agreement to jointly conduct a feasibility study of the patent pending FRP monopile design offshore Massachusetts in 35 to 85 meters water depth.
Under the agreement, the companies will collaborate to optimize the FRP design for 10MW and 15MW turbine applications to minimize the levelized cost of energy (LCOE) and de-risk the solution for large scale deployment. The study will combine Acteon’s long track record as a premier global mooring provider with Entrion Wind’s patent pending FRP design and offshore engineering background.
Subject to cost target being met, the companies may collaborate in a future FEED study for a specific site and Entrion Wind may request Acteon to provide mooring EPCI services for a follow-on pilot or demonstration project.
Entrion Wind, Inc. is very pleased to welcome Acteon as a partner and service provider to support the development and commercialization of the FRP monopile design and look forward to continuing to optimize the design to further reduce the cost of offshore wind.