Goodtech

Regulatory Filings • Apr 8, 2024

Goodtech continues to digitalise offshore wind

Goodtech continues to digitalise offshore wind

Goodtech is proud to announce the award of a pre-feed study by Green Volt Offshore Windfarm, set to be Europe’s first commercial-scale floating wind farm. Green Volt is a joint venture between the offshore wind developers Vårgrønn and Flotation Energy.

When completed, Green Volt will provide up to 560 MW of renewable energy capacity. The project will deliver electricity to oil and gas platforms, replacing power currently generated by gas and diesel turbines. Green Volt will also provide electricity to the UK grid.

The aim of the study is to ensure the successful implementation and operation of the offshore wind farm, while prioritizing the needs of the end-users and maintaining a robust and secure IT/OT infrastructure. Goodtech will leverage its market leading experience within digitalisation in offshore wind by advising on digital strategy, cyber security and data management.

Goodtech's extensive experience in renewable energy projects and the commitment to deliver innovative and sustainable solutions have been key factors in securing this contract.

The pre-feed study is expected to commence immediately. Goodtech will work closely with the Green Volt team to ensure timely and efficient delivery of the project. As the most progressed commercial-scale floating wind farm in Europe, Green Volt is uniquely positioned to kickstart the floating offshore wind industry in Europe.

"Goodtech's expertise and commitment to sustainability make them an excellent partner for our pioneering floating offshore windfarm project. We are confident that their pre-feed study will provide valuable insights and recommendations to ensure the success of the project. We look forward to collaborating with Goodtech and leveraging their knowledge in offshore wind" – Charlotte Elmelid, Leading Electrical System Engineer in Vårgrønn and Electrical Package Manager for Green Volt Project.

"We look forward to bringing our expertise to the Green Volt Offshore Windfarm project," said Margrethe Hauge, CEO of Goodtech. "This partnership confirms our position as a trusted provider of systems- and data solutions for the renewable energy sector. Our team is excited to contribute to the success of the groundbreaking Green Volt project and to support the transition to a greener and more sustainable future”.

For more information, please contact:

Margrethe Hauge, CEO Goodtech ASA

Phone: +47 957 96 920

Email: Margrethe.hauge@goodtech.no

Øyvind Osjord, CFO Goodtech ASA

Phone: +47 950 46 649

Email: oyvind.osjord@goodtech.no