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CRUSE Offshore GmbH (COG)

We are working on floating, wind-powered "Offshore H2 Generators" that will be operated in sea areas with high wind speeds without a power grid connection. The hydrogen produced is then immediately stored in a liquid organic hydrogen carrier (LOHC) and transported at intervals by shuttle tanker to nearby industrial ports (cf. FPSO process). We have been invited by the Federal Ministry for Economic Affairs and Climate Action to submit applications for "Prototype development of a floating offshore H2 generator and planning of GW offshore hydrogen farms". Now, with the help of BlueInvest, we want to start planning the financing of a prototype. This is a requirement for the subsequent construction of GW hydrogen farms with industrial/VC-investors within the EEZs of European states.

Blue renewable energy

Company behind project
CRUSE Offshore GmbH (COG)

Germany

About Us
Founded in 2017, CRUSE Offshore GmbH (COG) is a spin-off of a research project for floating wind turbines. COG is owned by Mr. Jens Cruse and several private investors. It exists through government-funded research grants and private capital providers.
Now that the development is moving towards prototyping and the dimensions of the capital requirements are becoming much larger, so the COG is seeking for industrial partners and VC capital providers.

Problem we are solving
r2fuel® Our solution: green fuels and green methanol instead of coal and oil - produced on site, where biogenic residues and waste are waiting for disposal.

Sustainable Impact on Blue Ecconomy
The modular systems r2fuel® made up of container units can be transported flexibly wherever green fuels are to be produced regionally quickly and flexibly from residual biomass and waste, directly where they are needed. Without long construction times and transport distances, simply efficient.

TRL

TRL 4 - Component validation in laboratory environment

Readiness Assistance Beneficiary

Financial Needs40 Mio €

Planned Funding Allocation

Other, please specify: Prototype construction & operation

https://www.cruse-offshore.de

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What is the BlueInvest Project Pipeline?

The BlueInvest Project Pipeline is a database and showcase of projects, scale-ups and SMEs who are driving innovation and sustainability in the Blue Economy.

The projects featured are innovative, scalable and sustainable business ventures from traditional and emerging sectors of the maritime economy.

The aim is to facilitate connections between projects and investors, helping innovative ventures gain visibility and access to funding opportunities.

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Selection criteria

Your company is EU-based or from an eligible sea basin region (Georgia, Turkey, Ukraine, Moldova, Montenegro, Albania, Bosnia-Herzegovina, North Macedonia, Serbia, Israel, Egypt, Tunisia, Algeria, Morocco, Lebanon, Syria, Libya, Mauritania, United Kingdom, or Norway)
Your project TRL is 4 or higher
Your project sector is in one of the 10 blue economy sectors identified for this initiative
Your solution has a clear sustainable impact on the blue economy
Your project is looking for investment

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