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Grants and External Funding

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Grants and Funding News
25Oct

Deadline Approaches for £1m Floating Wind Technology Competition

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The Floating Wind Technology Acceleration Competition is providing grant funding for projects that support technologies to help the floating offshore wind industry reach its full potential.

The floating wind sector, where turbines are constructed on floating structures, is at an earlier stage of development than other offshore wind, and a number of challenges need to be overcome in order to allow large scale deployment of this technology.

According to the Carbon Trust, the scale of opportunity in floating offshore wind is significant. By 2030, it estimates that a further 12GW of floating wind capacity could be built globally, requiring around £32.4 billion of capital investment.

For this competition, £1 million of grant funding is available, with up to £250,000 being provided for individual projects taking place in 2019 and 2020. The Carbon Trust expects to support between four and ten projects in total.

Funding can be used to support technology development across a range of Technology Readiness Levels (TRLs) from early stage proof-of-concept or lab testing, to supporting the delivery of an operational prototype or full-scale demonstration (TRLs 3-7).

The competition is open to private companies, not-for-profit organisations and academic institutions, both in the UK and internationally. Entries from single companies and consortia are welcome.

The deadline for applications is 5 November 2019.

Useful documents & links

Scheme - Guidance Document

Useful Links


Addresses and contacts

For further information on how to obtain this grant locally, please contact the following:

  1. Enquiries
    Carbon Trust
    4th Floor
    Dorset House
    27-45 Stamford Street
    London
    SE1 9NT
    Tel: 020 7170 7000
    Email: [email protected]

Source: GRANTfinder an idox solution 

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