Applications opened on 18 April 2024 for a project that could expand the US market for UK companies developing technology which can help support the growing floating offshore wind market in the USA.
The ‘UK-US Floating Offshore Wind Supply Chain Innovation Bilateral (FLOWB)’ supply chain programme brings together the Offshore Renewable Energy (ORE) Catapult and Innovate UK, with US partners including the University of Maine and the National Renewable Energy Laboratory (NREL). Together they will support UK companies developing exportable technologies to team up with floating wind platform developers in the US and benefit from up to a £1.5 million funding pot. Up to five companies will be chosen through a competitive process to each receive grant funding ranging between £300,000 and £500,000 as well as bespoke technical support from ORE Catapult for 18 months. Chosen companies will engage with the US partners to develop new and innovative technologies or adapt pre-existing technologies that can be used in testing and demonstration projects. ORE Catapult will announce the successful companies chosen in June 2024, and the FLOWB programme will run until December 2026.