Greek steel company Lykomitros Steel has reached an agreement with Norway’s Moreld Ocean Wind, one of the world’s leading offshore floating wind farm designers, for a first order of floats, highlighting the opportunities available to domestic industry.
The two companies have signed an MOU concerning production, at the Greek manufacturer’s facilities, just outside Volos, of batches of floats for offshore floating wind farms to be supplied by the Norwegian company to customers around Europe who are entering this rapidly developing, yet still high-cost, nascent RES technology.
In essence, the Norwegian company has reached an agreement with Lykomitros Steel, already supplying floats for offshore wind projects in Scotland, France and Germany, to “jointly carry out the first floating European projects”, Moreld Ocean Wind’s CEO Wolfgang Wandl noted in a joint statement.
The development demonstrates that Greek industry can play a role in the establishment of a domestic supply chain if it can continue securing orders for floats concerning projects in the North Sea and other regions abroad.
The MOU between Lykomitros Steel and Moreld Ocean Wind was signed earlier this week at the Norwegian Embassy in Athens, in the presence of Norway’s deputy minister of foreign affairs Maria Varteressian, who was in Athens for the 9th edition of the “Our Ocean Conference”.