What is the BlueInvest Project Pipeline?

See our showcase of innovative projects and entrepreneurs who are shaping the Blue Economy.

Projects consist of innovative, scalable and sustainable business ventures from traditional and emerging sectors of the maritime economy.

The graphs below provide an overview of the country distribution, sector, and TRL of projects currently listed in the BlueInvest Project Pipeline.

 

Submit your project

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, Turkey, 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

Project Country

Country in which the project is being developed and / or implemented. 

Project Sector

Main blue economy sector the project relates to.

Project TRL

Current technology readiness level of the project. 

FARWIND

Zero-emissions fuel solution

  • Blue renewable energy

Company behind project
FARWIND

France

About Us
Dr. Aurlien Babarit has been the head of ocean waves and marine renewable energies group at Ecole Centrale de Nantes and has been involved in the offshore renewables sector since 20 years. Flix Gorintin, MEng, has been leading the Advisory and strategy department at INNOSEA for 6 years. After 1,5 years of leading a wave energy technology company, Flix has been in charge of market, technical and economic analysis, financial guidance and cost modelling (LCOE). Simon Delvoye, Meng, is a tech addict and an experienced project manager with a demonstrated history of working in experimental hydrodynamic research. Simon has been performing tank tests of various offshore renewables technologies and ships. Dr. Jean-Christophe Gilloteaux has been involved in Marine Renewable Energies for ten years in particular in floating technology design and engineering. Samuel Le Berre, Meng, is a young energy engineer and has been working on commercial development of international cooperation programs.



Problem we are solving
FARWIND's ambition is to consolidate the new concept of net zero-emissions fuel production from the far-offshore wind energy resource. This requires demonstrating the viability of a radically new enabling technology: the FARWIND energy system, which is based on (i) mobile off-grid energy converters (FARWINDERs) producing sustainable fuels and (ii) specific tankers providing support to the converters (fuel transport, feedstock supply, control, maintenance, security). This breakthrough technology will enable clean fuel production from the yet-untapped tremendous far-offshore wind energy resource. It will contribute to decreasing greenhouse gas emissions, in line with the objectives set out in the Paris agreement, increase energy security in Europe, strengthen the EU leadership on renewables, and is expected to disrupt the energy supply market, creating jobs and growth through the development of the new FARWIND industry.

Sustainable Impact on Blue Ecconomy
FARWIND is a clean renewable source of energy. It taps into far shore wind energy. It provides on-demand renewable energy through batteries or liquid fuel. It offers a plug-and-play solution, fully compatible with existing infrastructures and uses. It is scalable thanks to the abundant availability of far shore wind zones. It only requires more ships (ports are not likely to be constraining). It is already affordable on niche non-interconnected areas where fuel delivery is expensive and uncertain.

TRL
  • TRL 5 - Component validation in relevant environment

  • Readiness Assistance Beneficiary


Financial Needs1.750.000

Planned Funding Allocation
  • Improve our R&D
  • Sales and Marketing
  • Operations
  • To hire more resources