Arendals Fossekompani, KONGSBERG and Moreld join forces to develop a combined offshore substation and hydrogen factory

“Hydepoint is a complete solution for receiving, converting, and transmitting the full energy potential from offshore wind farms, with reduced dependence on the onshore power grid. Placed in the ocean, close to wind farms, Hydepoint can convert all or part of the energy into hydrogen. This will reduce the need for upscaling the power grid […]
Vattenfall and Seagust join forces in Norwegian offshore wind bid

Vattenfall and Norwegian company Seagust have formed a joint venture to bid for offshore wind areas in Norway’s upcoming licensing rounds. The joint venture represents Vattenfall’s entry into the Norwegian wind market. The joint venture intends to bid on licenses in both the Utsira Nord and Sørlige Nordsjø II areas in the North Sea. The […]
Arendals Fossekompani and Ferd join forces to establish offshore wind company

Seagust will apply for offshore wind acreage in Norway in the upcoming licensing round. Arendals Fossekompani (AFK) and Ferd, two of Norway’s leading industrial investment companies, have come together to establish the offshore wind company Seagust, which intends to apply for offshore wind acreage in Norway’s upcoming licensing round. Seagust will be structured as a […]