EU Commission grants EUR 2.4m to floating wind in Spain

Spanish company Saitec secures EU support for its efforts to get floating offshore wind platform Sath to market.

Photo: Saitec

EU Commission subsidies are set to boost a Spanish wind developer further on its way into the sector, with EUR 2.4 million granted to Saitec to help the company get its floating Sath technology to market.

The Commission funding will be spent on scaling up Saitec's 2-MW prototype, so it may be ready to function in the proper environment, Saitec writes in a statement.

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