Hellenic Cables NextFloat Floating Wind Project Expands Renewable Innovation
Hellenic Cables, a global cable manufacturer, has joined theย NextFloat floating wind project, a panโEuropean 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 Commissionโs Horizon Europe program, theย Hellenic Cables NextFloat floating wind projectย receivedย โฌ16 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 EUโs 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 smallโscale 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 lowโimpact power sources. It offers less noise, lower visual disruption, and minimal interaction with marine life while providing consistent, largeโscale energy output. As a result, the technology is poised to become a cornerstone of future global power systems.
Scaling Global Floating Wind Potential
โOur goal is to expand and industrialize this technology,โ saidย Alex Raventos,ย Founder and CEO of X1 Wind. โAfter 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 decadeโs 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.