The FLOWIN Prize was established in 2022 by DOE’s Wind Energy Technologies Office, with a total cash pool of USD 5.85 million, plus up to USD 1.175 million in vouchers for technical support from DOE national laboratories. The prize is administered by the National Renewable Energy Laboratory (NREL) with support from the Oceantic Network.
Principle Power and Aker Solutions, through the FloatHOME consortium, are advancing the WindFloat floating wind platform through the competition. WindFloat, which has already been installed offshore Portugal , is now in its fourth generation. The modularised platform is said to enable differing execution plan options, allowing for streamlined manufacturing and adaptable installation.