Hellenic Cables part of project to develop the next generation of floating wind farms

Hellenic Cables NextFloat Floating Wind Project Expands Renewable Innovation

Hellenic Cables, a global cable manufacturer, has joined theย NextFloat floating wind project, a panโ€‘European partnership focused on aย 6 MW floating wind prototypeย in theย French Mediterranean. The initiative aims to speed up renewable development and demonstrate efficient offshore wind solutions across Europe.

To learn more, visitย Hellenic Cables.

This coalition includesย 13 partners from eight countries, such asย X1 Wind,ย Naturgy,ย 2B Energy, theย Technical University of Denmark,ย Hydro,ย Ecole Centrale de Nantes,ย Schwartz Hautmont,ย Ocas,ย Tersan Shipyard,ย Ocean Ecostructures, andย Cybernetix. Together, these companies will bring engineering expertise, manufacturing capability, and research excellence to the project.

NextFloat Floating Wind Project Boosts European Innovation

Backed by theย European Commissionโ€™s Horizon Europe program, theย Hellenic Cables NextFloat floating wind projectย receivedย โ‚ฌ16 million in public funding. The team will develop and install aย 6 MW prototypeย scheduled to operate byย 2027.

The design features anย integrated downwind floating platformย that can scale up toย 20 MW or more. With this, the project will support the growth of commercial floating wind farms across Europe. Moreover, it reinforces the EUโ€™s ambition to make renewable energy widely accessible and industrially viable.

Building on Proven Research Success

The NextFloat initiative builds on the earlierย PivotBuoy project, which successfully tested a smallโ€‘scale floating wind turbine in theย Canary Islands. Engineers began design work on the new system inย 2023, while construction continues throughย 2024. Installation is set to begin inย 2025.

Floating wind energy remains one of the most sustainable and lowโ€‘impact power sources. It offers less noise, lower visual disruption, and minimal interaction with marine life while providing consistent, largeโ€‘scale energy output. As a result, the technology is poised to become a cornerstone of future global power systems.

Scaling Global Floating Wind Potential

โ€œOur goal is to expand and industrialize this technology,โ€ saidย Alex Raventos,ย Founder and CEO of X1 Wind. โ€œAfter validating the PivotBuoy design in the Canary Islands, we are now scaling it up for full commercial projects in Europe, Asia, and the U.S. by the decadeโ€™s end.โ€

Theย Hellenic Cables NextFloat floating wind projectย represents a milestone in renewable power development. It advances European expertise while supporting global efforts to expand clean, accessible, and affordable energy production.

Share
Subscribe to the Wire Journal

Wire Journal International (WJI) is the leading technical publication for the wire and cable industry.

Published monthly, WJI is written for executives, engineers, technical and sales professionals, and purchasing agents engaged in the manufacture of ferrous and nonferrous wire and cable.

WJI Feature Stories

See a preview of the most recent Wire Journal International feature. Subscribe to the FREE publication to read the entire issue.

Related Stories