Periodic Reporting for period 1 - SeaTwirl (The first robust and cost-effective floating vertical axis wind turbine for deep water offshore)
Período documentado: 2019-09-01 hasta 2020-08-31
SeaTwirl AB is a Swedish SME established in 2012, listed on Nasdaq First North Stockholm. SeaTwirl wants to contribute to the transition to green energy and this project is about commercialising our S2 1MW floating offshore wind turbine (S2). SeaTwirl aims at deploying the first S2 pilot at a test site in Norway by the end of this project and after that to offer a commercial S2 1 MW wind turbine to customers such as isolated islands, fish farms and oil & gas units as a renewable alternative to diesel electric power generation. Our calculations show that SeaTwirl S2 can be a cost effective alternative to diesel electric power generation even at an early stage.
SeaTwirl has during the period advanced work within the project in total and all work packages included in the SME phase 2 Grant significantly. However, due to the effects of COVID-19 we have not been able to progress work in general as planned and we therefore plan to apply for a project extension. The work has been slowed down both internally and in external contacts with suppliers and other stakeholders.
The initial phase of the reporting period consisted of verification of the S2 concept design. The detailed design of the S2 has progressed and the development of all the subsystems is ongoing. Detail design and development of the subsystems will be an iterative process until the end of each deliverable.
Extensive work related to Dissemination and Communication, IPR Management and Market Strategy has also been carried out during the reporting period.
All work packages have advanced and the tasks not yet started were not planned to start until after the reporting period.
The milestone planned within the reporting period has been achieved and two of three deliverables within subtasks were handed in within the reporting period. The third deliverable was postponed from month 12 to month 15 due to COVID-19 and changes in the SeaTwirl management.
During the reporting period SeaTwirl has gone from 7 number of employees to 12.
SeaTwirl also increase visibility in the media, e.g. through interviews in the Norwegian magazine “Teknisk Ukeblad”, the Swedish radio channel P1 “Studio Ett” and an ad in the Swedish newspaper “Dagens Industri”. We notice the increased visibility from the increased number of approaches from possible suppliers, partners and a general interest in the company and our technology.
We look forward to the continuation of this project on our journey towards commercialisation!
The initial phase of the reporting period consisted of verification of the S2 concept design. The detailed design of the S2 has progressed and the development of all the subsystems is ongoing. Detail design and development of the subsystems will be an iterative process until the end of each deliverable.
Extensive work related to Dissemination and Communication, IPR Management and Market Strategy has also been carried out during the reporting period.
All work packages have advanced and the tasks not yet started were not planned to start until after the reporting period.
The milestone planned within the reporting period has been achieved and two of three deliverables within subtasks were handed in within the reporting period. The third deliverable was postponed from month 12 to month 15 due to COVID-19 and changes in the SeaTwirl management.
During the reporting period SeaTwirl has gone from 7 number of employees to 12.
SeaTwirl also increase visibility in the media, e.g. through interviews in the Norwegian magazine “Teknisk Ukeblad”, the Swedish radio channel P1 “Studio Ett” and an ad in the Swedish newspaper “Dagens Industri”. We notice the increased visibility from the increased number of approaches from possible suppliers, partners and a general interest in the company and our technology.
We look forward to the continuation of this project on our journey towards commercialisation!
The commercialization of the S2 project aims to provide 94.000 households with renewable energy by 2025. By then, SeaTwirl will also have employed 50 more staff and created around 250 indirect jobs1. In the longer run, the technology is scalable up to 30 MW offering a cost efficient, floating technology to large offshore wind farms.
So far in the project, SeaTwirl has managed to obtain a lot of interest from possible clients, suppliers and other stakeholders and also to make our technology more well-known in the world, specifically to stakeholders within the renewable energy/ floating offshore wind sectors. We have advanced our technology for the first S2 1 MW pilot and we are (to our knowledge) the only provider of a complete system for floating offshore wind, including turbine, floater and generator, designed for offshore conditions from the start.
So far in the project, SeaTwirl has managed to obtain a lot of interest from possible clients, suppliers and other stakeholders and also to make our technology more well-known in the world, specifically to stakeholders within the renewable energy/ floating offshore wind sectors. We have advanced our technology for the first S2 1 MW pilot and we are (to our knowledge) the only provider of a complete system for floating offshore wind, including turbine, floater and generator, designed for offshore conditions from the start.