Norway Initiates Funding Competition for Small-Scale Floating Wind Projects

Norwegian state enterprise Enova launches funding call for small-scale floating wind projects, with a deadline in 2026.
No Birds Collided with Floating Wind Turbine Offshore Norway During Two-Year Monitoring Campaign

Norwegian state enterprise Enova, owned by the Ministry of Climate and Environment, has announced a funding opportunity for small-scale floating wind projects.

Applications are open for projects aiming to test and demonstrate cost-reducing solutions for floating offshore wind energy, with the deadline set for 12 February 2026.

In this third round launched by Enova, projects with up to five wind turbines can compete for up to NOK 2 billion (approximately EUR 168 million) in state support.

Arvid Nesse, CEO of Norwegian Offshore Wind, commented: “The criteria indicate Enova seeks applicants who are serious about offshore wind, have solid financial backing, and plan to use small-scale projects as a learning step to reduce costs before scaling up. This is an important opportunity for the industry.”

The Competition for support for small-scale commercial floating offshore wind projects will run over several rounds until 2030 and has already funded two projects.

In 2024, Enova allocated NOK 2 billion to the GoliatVIND project, developed by Odfjell Oceanwind, Source Galileo, and Kansai Electric Power Company. This 75 MW demonstration project will use Odfjell Oceanwind’s Deepsea Star foundations and five 15 MW wind turbines, connecting to the Goliat oil platform in the Barents Sea via an existing power cable. It is expected to be operational by 2027.

In early 2025, Wind Catching Demo, a subsidiary of Wind Catching Systems, secured a NOK 1.2 billion (approximately EUR 100 million) grant to deploy a commercial demonstrator unit of its multi-turbine floating wind platform. The project features a 40 MW Windcatcher with 40 turbines of 1 MW each, scheduled for completion in 2029.

The Norwegian government recently awarded two project sites in the country’s first floating wind tender.

Harald Hårfagre, a joint venture between Deep Wind Offshore and EDF Renewables, and a consortium of Equinor and Vårgrønn, obtained sites for 500 MW floating wind farms, being the only developers to submit applications in the tender.


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