Our history

In seven quick years, Flotation Energy has achieved major milestones in offshore wind, demonstrating how through our entrepreneurial spirit and relentless drive for delivery, we turn ambition into reality.

The journey so far

Behind our rapid growth lies decades of collective experience, deep technical expertise and a shared commitment to excellence that continues to drive us forward.

To see company key milestones, use the timeline below:

Timeline

To scroll through the multiple date entries, use the arrows below (< | >).

2004

Flotation Energy founders play an integral role in the development of the Beatrice Demonstrator Project, off the East Coast of Scotland. It was the world’s first deep water, fixed foundation offshore wind project.

2007

The Beatrice Demonstrator is fully commissioned.

2008

SeaEnergy Renewables is formed by Flotation Energy Co-Founder, Allan MacAskill and members of the Beatrice Project.

2011

Having developed over 3GW of offshore wind in Scottish waters, SeaEnergy Renewables is sold to Repsol.

2013

Flotation Energy founders announce intention to develop the world’s first commercial floating windfarm, Kincardine.

2018

Flotation Energy is formed.

Kincardine becomes fully operational and becomes the world’s largest grid-connected floating offshore windfarm.

2019

Flotation Energy announces plans to decarbonise North Sea oil and gas platforms through electrification from floating offshore wind, launching project Green Volt.

Flotation Energy and Cobra JV signed.

2020

Flotation Energy’s APAC entity is formed with in-country teams established in Taiwan, Japan and Australia.

2021

Flotation Energy announces its intention to develop the Cenos platform electrification and decarbonisation project in the UKCS.

Flotation Energy partners with CSBC, Taiwan’s largest ship builder, to develop floating offshore wind projects.

Flotation Energy and partner Cobra win a site in TCE’s Offshore Wind Leasing Round 4 and start planning the Morecambe offshore windfarm.

2022

TEPCO Group, Japan’s largest utility, acquires Flotation Energy to advance its global offshore wind ambitions.

Morecambe shared transition corridor approved. Collaboration in action with bp and EnBW.

Flotation Energy and Vårgrønn JV signed.

Flotation Energy and Cobra win Test & Demonstration site in Celtic sea for White Cross 100MW project.

Flotation Energy and Cobra announce plans to develop 2.7GW of fixed and floating windfarms, offshore Ireland.

2023

Portugal in-country team established.

Flotation Energy and Vårgrønn awarded exclusivity to develop up to 1.9 GW of floating offshore wind in Scotland.

2024

Norwegian State Secretary for Energy announces Flotation Energy as the inaugural winner of the Floating Offshore Wind award at the flagship, global industry event Floating Wind Days, hosted in Haugesund, Norway.

Green Volt floating offshore windfarm receives full planning consent in April 2024 and in September, is awarded a Contract for Difference (CfD) by UK Government