Norway has launched a competition offering up to 10 billion Norwegian crowns in state aid for small-scale floating offshore wind projects, Enova, the state-owned enterprise under the Ministry of Climate and Environment, said on Thursday.
The scheme is open to developers proposing projects of between one and five turbines, with each applicant able to seek as much as NOK 2 billion. The application deadline is 12 February 2026. Enova said the initiative is designed to support early-stage technology development and reduce costs and risks ahead of future large-scale deployment.
“If we are to succeed, floating offshore wind must become profitable. Enova is helping to speed up the transition,” the agency said.
Enova has previously allocated NOK 2 billion to the 75-MW GoliatVIND floating wind project in the Barents Sea, 85 km northwest of Hammerfest, being developed by Source Galileo Norge, Odfjell Oceandwind, Kansai Electric Power and ENEOS Renewable Energy. It has also awarded NOK 1.2 billion to Wind Catching Demo AS, a collaboration between Wind Catching Systems AS and EnBW, planned off the coast of Øygarden municipality on Norway’s west coast.
The European Free Trade Association (EFTA) Surveillance Authority approved the NOK 10 billion state-aid framework last month. The funding will be distributed through several competitive bidding rounds, with the scheme running until 31 December 2030.
