Ocergy is introducing new approaches to the floating offshore wind market with its designs and manufacturing methods for floating foundations. Ocergy, which is headquartered in the US and has operations in France, is pioneering a local supply chain approach, working with local manufacturers and creating green jobs in the areas where the turbines are installed.
Ocergy's lighter and modular designs enhance efficiencies, simplifying the transportation and assembly of turbine foundations at their final destination. Octopus’ investment will help commercialise Ocergy’s tech and fuel the company’s expansion into new markets. It will also enable it to grow its environmental data and biodiversity monitoring system. The investment is made on behalf of Vector, Octopus Energy’s offshore wind fund launched at the end of last year.