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Faltering US Offshore Wind Industry Sends Next-Generation Startup Overseas.
- Source :
- Bloomberg.com; 11/26/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- Aikido Technologies Inc., a US-based startup, has developed a floating platform for offshore wind turbines that cuts construction time in half compared to conventional platforms. Despite being backed by the federal government, the company is looking to overseas markets due to challenging economics and political hostility towards offshore wind in the US. Countries like Scotland are seen as more promising for offshore wind development, with Aikido eyeing expansion into France, Japan, Taiwan, and South Korea. [Extracted from the article]
- Subjects :
- WIND power
PRICE regulation
NUCLEAR power plants
ENERGY subsidies
WIND turbines
Subjects
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 181107794