With nine Phase One winners named, the first phase of the three-phase American-Made FLoating Offshore Wind ReadINess (FLOWIN) Prize has concluded, kicking off Phase Two.
Each Phase One winner will receive $100,000 in cash and $75,000 in vouchers for technical support provided by the U.S. Department of Energy’s national laboratories, along with an invitation to compete in Phase Two of the competition. In total, the FLOWIN Prize has a cash pool of $5.85 million, plus up to $1.175 million in technical support.
Launched in September 2022 and administered by the National Renewable Energy Laboratory (NREL), the prize aims to help unlock the nation’s offshore wind energy potential by accelerating manufacturing and deployment of U.S. floating offshore wind energy technology. The FLOWIN Prize is the first prize funded by the U.S. Department of Energy’s Wind Energy Technologies Office.