In November last year, Gazelle secured EUR 11.4 million to further accelerate the Nau Azul demo project through a funding round led by Indico Capital Partners. Other investors in the round included DST Group, August One, Wah Kwong, and E2IN2, among others.
Gazelle says its floating wind platform of a lightweight and modular design can unlock deep-water wind energy resources while also lowering the levelised cost of energy (LCOE).
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According to the company, the platform uses a unique geometry and counterweight system that reduces steel use, significantly cutting CapEx and simplifying industrialisation. Its compact design enables deployment from shallow ports, offering a smaller footprint and lower overall costs, Gazelle Wind Power says.
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11 days ago
about 1 year ago
Gazelle Wind Power has received authorisation to use a site off the coast of Aguçadoura, Portugal, for its 2 MW Nau Azul floating wind demonstrator project. The project site previously hosted WindFloat 1, one of Europe’s earliest floating wind pilot projects. The Dublin-based floating wind technolog
