Kinewell Secures Offshore Wind Contracts with TEPCO and Marine Power Systems
Kinewell has signed contracts with TEPCO Renewable Power and Marine Power Systems to provide its ForeCoast Marine Software. This software aids in optimizing offshore operations and project timelines, enhancing decision-making for renewable energy initiatives.
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Kinewell's ForeCoast Marine Software has been contracted by TEPCO Renewable Power Inc. and Marine Power Systems, focusing on optimizing offshore wind projects. The software simulates marine operations and utilizes historical data to improve efficiency in construction schedules, impacting project costs and timelines.
Kinewell acquired ForeCoast Marine earlier this year and aims to de-risk projects through these partnerships. Recently, Kinewell secured £750,000 from the North East Accelerate Fund, indicating investor confidence in renewable energy solutions. The use of this software could enhance the success rates of complex offshore projects and facilitate the transition to carbon-free energy sources.
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