Floating Power Plant (FPP) has signed a Memorandum of Understanding with The Oceanic Platform of the Canary Islands (PLOCAN) to investigate and develop a potential deployment of FPP’s technology in the PLOCAN test facilities in Gran Canaria.
FPP intends to deploy a commercial scale version of its hybrid floating wind and wave energy device in the PLOCAN site, as well as establish an R&D subsidiary in Gran Canaria.
This will allow the technology to be proven at commercial scale, as well as provide a centre for ongoing R&D into system components, control strategies and auxiliary equipment for a number of years, FPP said.
FPP and PLOCAN will now work together to assess the test facilities and identify a suitable deployment location, before conducting the necessary site studies and licensing and consenting activities.
PLOCAN will also assist FPP in establishing a new R&D subsidiary in Gran Canaria and establishing an operational plan.
It is anticipated that FPP’s technology could be constructed and deployed as early as late 2021.
The P80 wind-wave energy platform hosts a single wind turbine ranging from 5MW to 8MW and integrates a wave energy device with a capacity between 2MW and 3.6MW, depending on the wave resource.