Hitachi ABB & BW Ideol to Take Offshore Wind Power to Next Level By Soumya Duggal/ Updated On Thu, Jun 24th, 2021 Switzerland-headquartered technology company Hitachi ABB Power Grids announced today that it has signed a memorandum of understanding with BW Ideol, a pioneer in floating offshore wind, to accelerate delivering a market-ready floating substation offering and solution to global customers. Floating offshore wind is considered to be the next big frontier in offshore wind power. By some estimates, installed capacity of floating offshore wind installations is forecast to grow from a modest 66 MW in 2019 to at least 6.2 GW in 2030 as more and more countries in Europe, Asia and North America seek to harness the rich potential of deep-water wind resources. This requires commercial-scale floating offshore wind farms comprising high-capacity wind turbines and standardized, scalable floating substations that make the develop- ment and operation of the installations viable and profitable. Hitachi ABB Power Grids Provides Battery Storage Tech to Thailand Also Read The collaboration between the two companies, a first of its kind for floating substations globally, is expected to accelerate the process. Hitachi ABB Power Grids will provide modular, scalable, compact substation packages for installation on BW Ideol’s shallow-draft floating platforms. Both companies have worked closely together for several years now to co-create a standardized yet modular solution that addresses market requirements and the unique demands of operating in the most challenging environmental and sea-bed conditions. The substations will comprise transformers, switchgear and other high-voltage products specially developed by Hitachi ABB Power Grids for floating offshore platforms. “We are delighted to be partnering BW Ideol to provide a single solution that helps offshore wind power developers and independent power producers enter deeper waters,” says Alfredo Parres, Head of Renewables at Hitachi ABB Power Grids. “Our pioneering modular, scalable substations use proven technologies to make possible this leap into floating renewable energy.” “We are accelerating the delivery of a market-ready floating substation offering and solution via this unique collaboration,” says Paul de la Gueriviere, Chief Executive Officer of BW Ideol. “It brings together two market and technology leaders to create a standardized and scalable solution for all floating offshore wind power requirements. Supported by the solid offshore experience of our strategic investor BW Offshore, the collaboration will be able to deliver fully integrated technical and financial solutions.” Hitachi ABB Power, Ashok Leyland, IIT-Madras Team up for E-mobility Pilot Also Read On 4 June, Hitachi ABB Power Grids launched a portfolio of transformer products for offshore floating applications, designed to overcome the challenging offshore environment and withstand the physically demanding conditions on floating structures. Tags: BW Ideol, Floating Offshore Wind, Hitachi ABB Power Grids, wind energy