Gazelle’s floating offshore wind platform has been designed to address challenges such as high mass production and installation costs, complex supply chain logistics, limited suitable installation sites and reducing the Levelised Cost of Electricity (LCOE) whilst mitigating the environmental impact of traditional platforms on marine ecosystems.
“Indico’s reputation for backing pioneering, sustainable technologies speaks volumes about the potential they see in our floating wind platform technology unlocking the offshore wind industry globally” said Gazelle Wind Power CEO Jon Salazar. “The Nau Azul project will serve as an example of how to design, build, install, operate and therefore enable cost-competitive floating wind energy generation.”
The platform’s dynamic mooring system reduces pitch and balances movement in response to external forces, including wind, waves, and tide. Its lightweight, modular design is based on naval engineering principles, does not use active ballasting systems, and allows for scalable, adaptable configurations, making it a more affordable and accessible solution for deep water deployment. The modularity of Gazelle’s components also enables cost-effective fabrication in shipyards, with final assembly near the wind farm site.
“Offshore renewables will be a fundamental contributor to a more sustainable energy production mix” added Stephan de Moraes, Co-Founder and Managing General Partner at Indico Capital Partners. “For costs to be competitive we need new ways to build, install and operate these mega structures. Gazelle offers a solution for that pressing problem of cost competitiveness with a “lego” type of structure that will bring costs down dramatically and enables the installation of deep-sea wind farms all over the world.”
Gazelle's innovative approach is expected to drive job creation, reduce emissions, and provide cost-effective renewable energy solutions. The company recently opened an office near the Nau Azul project site in Viana do Castelo, Portugal, to enhance engineering, technical, and administrative functions. This local presence will support Gazelle’s efforts to establish floating offshore wind supply chain networks, leveraging local shipbuilding expertise in design, fabrication, and deployment.
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