Chevron, Moreld Invest in Floating Wind Tech Firm Ocergy
Credit: Ocergy
Oil major Chevron has, via its Chevron Technology Ventures (CTV), entered the offshore wind arena through investment in Ocergy, a company developing floating offshore wind turbine foundation technology and environmental monitoring buoy.
Ocergy, Inc, a company with offices in Oakland, California, and in Aix-en-Provence, France, said Tuesday it had secured investments from Chevron Technology Ventures (CTV) and the newly created floating wind company Moreld Ocean Wind (MOW). The Series A round will fund Ocergy s growth and the commercialization of its sustainable offshore solutions, the OCG-Wind Floating Offshore Wind Turbine (FOWT) technology and OCG-Data environmental monitoring buoy, Ocergy said without sharing details on the amount raised.
energy-pedia alternative energy
Ocergy concludes its Series A equity fundraising round with investments from Moreld Ocean Wind and Chevron Technology Ventures
14 Apr 2021
Moreld Ocean Wind (MOW) and
Chevron Technology Ventures (CTV). The Series A round will fund Ocergy s growth and the commercialization of its sustainable offshore solutions, the
OCG-Wind Floating Offshore Wind Turbine (FOWT)
technology and
OCG-Data environmental monitoring buoy.
Successful close of this round validates the industry s potential to grow offshore renewable energy. Ocergy s low-cost floating offshore wind turbine foundation has the potential to meet local supply chain and industrialization requirements with clear value, and the OCG-Data buoy technology enables integrated environmental data-gathering and support for biodiversity.
Ocergy Successfully Concludes its Series A Equity Fundraising Round with Investments from Moreld Ocean Wind and Chevron Technology Ventures
Funding Positions the Company for Growth in the Offshore Wind Space
News provided by
Share this article
Share this article
CARSON CITY, Nev., April 13, 2021 /PRNewswire/ Ocergy, Inc, announced it has secured investments from Moreld Ocean Wind (MOW) and Chevron Technology Ventures (CTV). The Series A round will fund Ocergy s growth and the commercialization of its sustainable offshore solutions, the OCG-Wind Floating Offshore Wind Turbine (FOWT) technology and OCG-Data environmental monitoring buoy.
Ocergy s OCG-Wind & OCG-Data platforms
Successful close of this round validates the industry s potential to grow offshore renewable energy. Ocergy s low-cost floating offshore wind turbine foundation has the potential to meet local supply chain and industrialization requirements with clear value, and the OCG-Data buoy technology enables integ
Investment from Moreld Ocean Wind and Chevron Technology Ventures positions Ocergy as a potential leader in advancing floating offshore wind to successfully compete for gigawatt-scale commercial projects.
US floater platform outfit secures funding renews.biz - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from renews.biz Daily Mail and Mail on Sunday newspapers.