X1 Wind awarded Phase 1 SME Instrument


April 04, 2018

X1 Wind has been recently awarded with a Phase 1 funding of the H2020 SME Instrument program in order to advance in the development of its disruptive floating wind technology. The project has been selected among more than 2,000 proposals submitted in last call in February 2018, proving the quality of the proposal.

Alex Raventos, CEO of X1 Wind, expressed the importance of this achievement for the company: “This support from the European Commission will allow us demonstrate the advantages of X1 Wind over existing solutions”.

X1 Wind is currently in contact with potential industry partners for developing a demonstration project to prove the concept in real conditions at sea planned for the next phase.