Drift Energy Innovates with H2-Producing Catamaran for Green Energy at Sea
Key Ideas
  • Drift Energy, a UK startup, closes a successful seed funding round led by Octopus Ventures and supported by Blue Action Accelerator, securing £4.65 million for its H2-producing vessels.
  • The company's 58-meter-long vessel is designed to produce hydrogen with a capacity of 150,000 kg per year, aided by advanced proprietary routing software for optimal wind and wave conditions.
  • The innovative technology offers a quicker and more efficient alternative to offshore wind farms, with the potential to accelerate the availability of green energy at sea.
  • Drift's vessels promise reduced planning time, fewer surveys, and no subsea infrastructure requirements, marking a significant advancement in sustainable energy production.
Drift Energy, a British startup focused on producing green energy at sea using modern sailing vessels, has successfully concluded its seed funding round, raising £4.65 million. The funding, led by Octopus Ventures and backed by Blue Action Accelerator, will facilitate the production of H2-producing vessels starting in 2025. The company's upcoming 58-meter-long vessel is poised to revolutionize sustainable energy production, with a power output of 1-2 MW and an H2 production capacity of 150,000 kg per year. Utilizing advanced proprietary routing software, the vessel will navigate based on optimal weather conditions, ensuring efficient hydrogen production. In comparison to offshore wind farms that can take over a decade to develop, Drift's fleet of H2-producing vessels promises a significantly shorter timeframe for deployment. These vessels offer a streamlined approach to green energy production, requiring minimal planning and surveys, and eliminating the need for subsea infrastructure. Drift Energy's innovative technology represents a major leap forward in the quest for sustainable energy solutions.
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