BlueNewables, a Spanish engineering consultancy supporting the marine energy sector, is moving forward with its floating solar demonstration project in Valencia with the first round of contacts with main suppliers finished.
BlueNewables reported on January 18 that its 1 MW PV-bos project in Valencia harbor has reached its first milestones.
The first round of contacts with the main suppliers has finished and, according to BlueNewables, the supply chain is eager to participate in the sector, with no supply bottlenecks expected.
The design optimization for Valencia sea conditions is also completed and the main outcome is a remarkable steel weight reduction and levelized cost of energy (LCOE) reduction targets are on the right path to be achieved, the company said.
In addition, the detail design stage has been initiated which will see hundreds of advanced simulations, drawings, and design reports performed over the next five months.
Construction of the project is planned to be initiated by the end of the second quarter of 2024. BlueNewables’ proprietary technology PV-bos will demonstrate its reliability for two years in Valencia’s waters.
The project is supported by The Institute for the Diversification and Saving of Energy (IDAE) as part of the Renmarinas program .