St. John’s, NL: Sept. 20, 2011: ExtremeOcean Innovation is pleased to report that its innovative TranSPAR vessel design proposal has been selected as one of the winners in the Carbon Trust Offshore Wind Accelerator Access Competition. Competing against more than 450 entrants from around the world, the Canadian company, based in St. John’s NL, was one of 13 successful participants selected by Carbon Trust.

Carbon Trust’s Access Competition was open to the global public and was announced in October 2010 as part of a larger Offshore Wind Accelerator (OWA) program. The OWA program is designed to reduce the costs of offshore wind energy through technology development and innovations.

ExtremeOcean Innovation was created in 2010 and is involved in the development of new technology and products for the marine industry. The company’s co-founders were pleased with the Carbon Trust announcement. Peter Gifford, the CEO of ExtremeOcean Innovation said, “It is an honour that our company has been selected from among so many outstanding competitors.” ExtremeOcean Innovation’s proposal is the TranSPAR vessel designed to enhance the safety of individuals transferring to offshore turbines.

The vessel will increase accessibility to turbines in harsh weather conditions resulting in increased turbine up-time. Additionally the vessel has been designed to minimize operational costs associated with turbine maintenance. The CEO believes that “the TranSPAR’s unique design and capabilities are an innovative solution to the turbine access challenge by improving safety and accessibility at a reasonable cost.”

Carbon Trust is working collaboratively with eight leading international offshore wind farm developers with a focus on research and development efforts relating specifically to turbine foundations, wake effects, electrical systems and access. Their partners include Dong Energy, EON, Mainstream Renewable Power, RWE Innogy, ScottishPower Renewables, SSE Renewables, Statkraft and Statoil

The rewards for being selected by Carbon Trust include funding of up to $162,000 per proposal to support the design and development of the successful concepts plus an opportunity to work with leading offshore wind developers with licenses for 30GW of offshore wind in UK waters.

To read more on the Carbon Trust Competition click here.

To readmore on the Carbonb Trust short list of competitors click here.

For more information on ExtremeOcean Innovations and the TranSPAR vessel, please contact:
Peter Gifford, President and CEO, ExtremeOcean Innovation Inc.
4 Arctic Ave., PO Box 12093, St. John’s, NL, A1B 3T5, 709-772-6722
www.ExtremeOcean.ca

Carbon Trust is a not-for-profit company providing specialist support to business and the public sector to help cut carbon emissions, save energy and commercialize low carbon technologies.