Triton Systems Secures Additional Funding for Offshore Wind Energy Anchoring System
Moves Forward with Commercializing Technology
March 15, 2021, Chelmsford, MA: Triton Systems Inc., (Triton), a technology incubator and developer of breakthrough products, today announced it has received funding to continue its endeavors in offshore wind energy anchoring systems. The funding is provided by the National Offshore Wind Research and Development Consortium (Consortium) and the Massachusetts Clean Energy Center (MassCEC). The additional investments totaling $1.3 million are preceded by an original research grant received by the company from the Department of Energy for $1.1 million, to develop the technology. Triton’s Helical Anchor Group Installation System (HAGIS) is a low cost, silent, efficient, flexible anchoring system for small- and large-scale offshore wind farms.
Offshore wind power is one of the fastest-growing renewable energy sectors for the United States and the rest of the developing world. Traditionally, anchoring systems make up a significant cost of offshore wind systems and are a major factor in preventing large scale floating windfarms offshore and in deep sea. Weight, specialized installations, and limited supply chains near the likely ports of offshore wind sites drive up cost. Limited offshore floating wind demonstration units worldwide have been completed with drag embedment anchors. However, these are not realistic for deep water sites and large turbine counts that require crossing mooring lines from neighboring turbines. Environmental impact is also a major concern where some anchoring systems interfere with sea life due to acoustic impairment.
Triton’s HAGIS anchoring system:
Achieves breakthrough cost savings by lower manufacturing (~40% reduction) and installation costs (~25% reduction)
Can be applied to any offshore wind platform or mooring configuration making it a flexible solution for the growing market
Minimizes acoustic impact on the environment and sea life
Can be easily removed for decommissioning planning
Is scalable and applicable to many types of subsea foundations beyond offshore wind, such as other renewable energy systems
Triton’s anchoring system (patent-pending) works by using highly efficient helical anchors that provide significant benefit in holding capacity.
“We are very appreciative of the funding we received from the Department of Energy, the Consortium and MassCEC,” said Mr. Zach Miller, Senior Ocean Engineer. “This enables the Ocean Renewables group at Triton to continue its development efforts as well as look forward to ramping up commercialization. This will accelerate the deployment of more cost-effective offshore wind platforms here in the United States.”
“We believe our approach breaks barriers for harvesting energy from offshore wind,” expressed Mr. Dave Model, Company COO. “Not only is there a tremendous cost saving, but HAGIS will achieve an environmentally friendly solution to reduce the construction effects on local wildlife.”
For further information Triton’s Helical Anchor Group Installation System contact, Mr. Zach Miller at Triton Systems, firstname.lastname@example.org
The National Offshore Wind Research and Development Consortium was established in 2018 when the New York State Energy Research and Development Authority (NYSERDA) was awarded $18.5 million from the U.S. Department of Energy (DOE) to administer a public-private partnership focused on advancing offshore wind technology in the United States. NYSERDA contributed matching funds. The Consortium, a not-for-profit organization, supports cost-effective and responsible development of offshore wind to maximize economic benefit the United States. The Commonwealths of Virginia and Massachusetts and the States of Maine and Maryland also contribute to the Consortium’s funding.
The Massachusetts Clean Energy Center (MassCEC) is a state economic development agency dedicated to accelerating the growth of the clean energy sector across the Commonwealth to spur job creation, deliver statewide environmental benefits and to secure long-term economic growth for the people of Massachusetts.
About US Department of Energy Wind Energy Technologies Office
The U.S. Department of Energy’s (DOE’s) Wind Energy Technologies Office (WETO) invests in energy science research and development (R&D) activities that enable the innovations needed to advance U.S. wind systems, while continuing to address market and deployment barriers, including siting and environmental impacts.
About Triton Systems, Inc. ()
Triton Systems, (Triton) was founded as a technology and business incubator in 1992. Headquartered in Chelmsford, MA, Triton has grown to a global footprint by taking breakthrough ideas in a broad range of disciplines and creating a series of commercial products and independent spin-offs - represented by over $2B in shareholder value across its portfolio of companies. By partnering in-house technical, business and financial expertise with targeted external resources, we deliver creative solutions to the marketplace through licensed products, joint ventures and independent entities.