Heavy Lift Projects Ltd (HLP), a carrier of overseas wind ranch logistics, stated Tuesday it had actually finished a financing round with exclusive capitalists as well as opened its initial workplace in Edinburgh.
The business stated that Capercaillie (Investments) Ltd as well as Giles W Pritchard-Gordon & & Co Ltd have actually dedicated a “multi-million-pound” financial investment, which will certainly be made use of to finish design work with its initial job, a brand-new style of a ring crane for constructing as well as filling overseas wind ranch elements.
HLP was started in 2021 by Alexander Fyfe to “bring a fresh approach to offshore wind farm logistics at a time when the equipment and expertise needed to meet the boom in installation is being stretched by a lack of capacity.”
The business stated Tuesday it remained in innovative conversations with a variety of significant wind ranch designers “looking to manage costs and maintain safety while enabling them to meet schedules for windfarm development and deployment.”
“HLP’s improvements will reduce crane mobilization time for component assembly and marshaling and include an overall component logistics solution to help ports keep pace with increased demand,” the business stated.
“The offshore wind farm market is witnessing stellar growth but developers face challenges, requiring more and larger crane capacity to meet projected demand, as well as cargo vessels and other support equipment,” stated HLP Managing Director Alexander Fyfe “Costs are rising, but the cost is not the biggest issue, rather it’s a shortage of the right installation equipment. HLP believes innovative thinking is needed to provide the new technology solutions that can enable growth to continue.”
