Congratulations to FloWatt on being selected by the prestigious European Investment Bank (EIB) and the European Commission as a winner of the EU Blue Champions programme. Through our pioneering pilot farm and cutting-edge HydroQuest tidal turbines, we are committed to facilitating the commercial deployment of offshore tidal power, starting in 2026, thereby making a significant contribution to the future energy landscape driven by renewable sources.
We look forward to achieving our goals over the next two years with the invaluable support of the EU-Mission “Restore our Ocean and Waters” and the European Investment Bank. Thomas Jaquier, President of HydroQuest, commented on this significant achievement:
“We are particularly proud that the EIB has selected the FloWatt tidal turbine pilot farm project. This demonstrates the seriousness and solidity of the project partners, the confidence in the technology developed by HydroQuest, and the recognition of the potential for rapid commercial deployment of tidal turbines”.