X1 Wind has won a EUR 2.5 million grant through the European Innovation Council (EIC) Accelerator programme, which the company will use to speed up the detailed design and certification process of its first commercial large-scale floating wind platform.
“The cash injection will be specifically used to fast-track the detailed design and certification of our first large-scale floating wind unit. We are currently in the process of evaluating potential pre-commercial sites and projects, in order to continue driving momentum following our current demonstration project in the Canary Islands” , said X1 Wind CEO & Co-Founder Alex Raventos .