WInd energy – floating wind
Tekmar Group has signed a Memorandum of Understanding (MOU) with DeepWater Buoyancy.
Under the MOU, the companies will bring together their complementary engineering capabilities, and extensive track records in their respective fields, to enhance the range of services and technologies they offer customers, whilst helping to integrate and optimise offshore project supply chains.
The partnership is focused on the new and emerging floating offshore wind market which has an exponential growth forecast of 10GW installed capacity by 2030.
Tekmar Group and DeepWater will provide greater value across the life of a floating wind project by offering a collective package of geotechnical assessment and engineering analysis, cable and mooring system design, cable protection and stabilisation solutions, cable buoyancy, and mooring line buoyancy.
Additionally, they will offer bespoke product solutions for the unique elements of floating offshore wind projects, such as cable disconnection systems.
The partnership further supports Tekmar Group’s organic growth strategy by strengthening its presence and manufacturing capability in the US fixed offshore wind market, an emerging but increasingly important market for the Group.
The partnership also provides DeepWater with greater access to the European market, where their products complement Tekmar Group’s existing offering.