BW Offshore said its Fram Wind Solutions joint venture received formal confirmation of a NOK 1.94 billion Enova grant, advancing a proposed 37-megawatt floating wind project.
The planned array consists of two 18.5-MW turbines on BW Ideol’s patented Damping Pool floating foundations. BW Offshore says the turbines would be the largest in the world. The company says the project aims to lower costs and test the technology’s commercial viability as developers consider larger floating wind projects.
Fram Wind Solutions AS is owned by BW Offshore, with a 50% stake, Grieg Kapital, with 35%, and Fram Green Technology, with 15%. The grant is conditional: within 24 months of the award, the project must reach a final investment decision, secure financing and agree contracts with key suppliers.
As a precedent for the foundation technology, BW Offshore pointed to the 30-MW EolMed floating wind farm in France. The company said EolMed has generated electricity since May 2026. It said all three 10-MW turbines are installed on BW Ideol foundations.
BW Offshore describes Enova as a Norwegian state enterprise owned by the Ministry of Climate and Environment. It says the agency’s purpose includes supporting Norway’s climate commitments and energy transition measures.
