AKER Solutions aims to bring into operation a plethora of floating wind projects within the next decade in the North Sea, the US and South Korea as it also seeks to capitalise on "huge" earnings potential in the carbon capture market with the spin-off of a pair of new green energy entities. The Norwegian contractor has set out its stall for prospective investors ahead of proposed stock listings on the Merkur market of the Oslo bourse for Aker Offshore Wind and Aker Carbon Capture to raise fresh funds for capital-intensive investments in the renewa-bles and low-carbon sphere. Aker Offshore Wind aims to spearhead a "fourth revolution" in renewable energy with development of deep-water wind to drive down fabrication and installation costs, and thereby cut electricity prices as part of the energy transition, in the same manner as onshore wind, solar and shallow-water wind, according to a company presentation released late last week. The company intends to translate its lofty ambitions into hard cash through investment in a pair of floating wind projects off the US West Coast and South Korea that are targeted for start-up within the next six years.
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