Specifically, the government stated that the award will contribute to the establishment of the testing facilities.

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The money given, is the largest grant ever to be awarded for the Danish wind turbine industry, whereas the 600-800t nacelles set to be tested are also the country’s largest to date.

Denmark’s Minister of Energy, Utilities and Climate Lars Chr. Lilleholt believes that the new testing facilities will benefit the nation when it comes to climate, export opportunities and renewable energy jobs.

The Danish wind turbine industry literally takes some huge steps for our green transition and at the same time helps to draw large investments to Denmark. Therefore, in the government, we have decided to support the new testing facilities at LORC with DKK 50 million.

... the Minister of Energy highlighted.

The Lindø Offshore Renewables Center (LORC) is a non-profit commercial foundation established in 2009 by A.P. Møller – Mærsk, Siemens Gamesa, Ørsted, Vattenfall, Vestas Wind Systems, Wave Star and the University of Southern Denmark.

Its aim is to support and promote innovation in the offshore renewable energy area contributing to the lowering of the Levelized Cost of Energy (LCoE) and making renewable energy viable offshore.

Concluding, the Lindø Offshore Renewables Center Danish Export Credit Agency (EKF), Nordea, Vækstfonden and the Danish Green Investment Fund will co-finance the facilities, while the operation will be covered by the users.