We use cookies
To help provide you with a good experience on our website. By continuing to browse the website, you are agreeing to our use of cookies.

Barge master gets EUR7.5M injection for offshore wind feeder solution


Barge master gets EUR7.5M injection for offshore wind feeder solution

Offshore technology company Barge Master, which develops motion-compensating solutions for the offshore industry, said this week it would receive a total capital injection of €7.5 million from the Energy Transition Fund Rotterdam and the existing shareholders, for its technology that promises to make installation of offshore wind farms more efficient. - OEDigital

A major challenge in the construction of offshore wind farms is the transport of the wind turbine components from the port to the wind farms located far off the coast. The current method involves expensive installation vessels sailing up and down to pick up the components. Barge Master has designed a motion-compensating platform, the ‘Feeder,’ which can be easily installed on existing vessels. These machines keep the large turbine parts in balance so that they can be craned to the installation vessel at sea.

the company explained

In this way, Barge Master said, the installation vessel can remain at sea and continue to install, while being continuously supplied with new wind turbine components. Existing installation vessels can therefore be deployed more efficiently and have a longer lifespan. 

The result is a shorter construction time, lower investments, and a more competitive price for offshore wind energy. Barge Master’s solution achieves an average CO2 saving of 100 kilotons per year.

Barge Master

Barge Master recently signed a multi-year contract with the Belgium-based offshore installation contractor DEME, for the construction of the first large-scale commercial offshore wind farm in the United States, Vineyard Wind 1 (804 MW). 

The contract with DEME requires a total of four Feeder platforms. 

Thanks to the capital injection, Barge Master can finance the construction of these machines, which can also be used for other offshore wind farms in the future.

Barge Master said

Dutch companies are used for the development and construction of these machines, mostly from Rotterdam and the surrounding area, creating 89 temporary and structurally 15 jobs in the region. 

This strengthens Rotterdam’s role as a global center of excellence in maritime technology. In the future, the technology can also be used for the construction of offshore wind farms off the coast of the Netherlands.

the company said

Proud that we can contribute to this green entrepreneurship through the Energy Transition Fund Rotterdam. It is these types of entrepreneurs, these types of solutions, that contribute to the major climate challenge we face.

Chantal Zeegers, alderman of Rotterdam for climate, building and living

Relevant news

Denmark postpones offshore CO2 storage license tender
The Danish Energy Agency has postponed the second tender round for offshore licenses in the North Sea.
bp-backed New York hub seeks startups to drive offshore wind innovation
bp backed Offshore Wind Innovation Hub in Brooklyn
Technip Energies tapped for Med Wind design
Technip Energies selected to perform the 2.8 GW floating wind project offshore Italy.
DNV and Reodor Studios to create digital service for sustainable wind farm decommissioning
DNV and Reodor Studios to create a digital service for a wind farm that reached the end of life.
Net-zero technology developers scoop £8 million to cut offshore emissions in UK
Net Zero Technology Centre has revealed the 20 winners Open Innovation Programme.
HAUV featuring adaptive autonomy deployed at nordsee one
German North Sea have demonstrated true autonomous operation of an underwater inspection vehicle.