Enova will provide Sway AS with funding in the amount of NOK 137 million to demonstrate a new wind turbine prototype. The project represents a significant potential reduction in the cost of generating offshore wind power. Inocean was one of the founders of Sway and is still one of the major owners of the company.

"10 MW wind turbine will be built in Øygarden"

The funding from Enova will contribute to the construction of a 10 MW wind turbine in
Øygarden in Hordaland County, where the new technology will be tested on land
over the next two years. The wind turbine will be the world's largest of its kind, with a
rotor diameter of 145 metres. In cooperation with the Norwegian technology firm
Smartmotor AS, Sway has developed the concept with a view towards reducing
turbine weight and the number of moving parts, as well as the use of a gearless
generator system. Overall, the concept will result in higher energy generation for
offshore wind power, and thus also lower operating costs. As many as 35-40
engineers have taken part in the work to develop the concept that will now undergo
testing.
 

"Enables us to maintain the necessary progression"

"Enova's support can help bring Norwegian technology to the global forefront when it
comes to wind turbines that float or rest on the seabed," says a very pleased Eystein
Borgen, managing director and founder of SWAY, who continues: "The funding will
enable us to maintain the necessary rapid progression, as well as lay the foundation
for total project financing. This is a huge inspiration for everyone involved in the
project," he adds.