Tugdock has pioneered a patented modular floating drydock technology designed to revolutionise floating offshore wind operations.
They will develop a cutting-edge manufacturing facility including a dedicated R&D engineering workspace. This will enable in-house production and increased productivity, accelerating the company’s global growth.
Tugdock is seen as a key supply chain company that will accelerate the development of the floating offshore wind industry. It has already formed strategic partnerships with many leading offshore renewable energy development companies around the world and its technology has been deployed at France’s first floating wind farm.
The success of Tugdock will allow more ports, including Falmouth, to become involved in the integration, pre-assembly, and operation and maintenance of floating offshore wind turbines. This will generate new opportunities for the local supply chain.
Demand for Tugdock technology is high, but the company cannot currently source enough of its marine airbags from existing manufacturers. They need the security of supply that manufacturing their own product will give them.
Their new manufacturing facility will be located at Hayle Marine Renewables Park. The project will enable Tugdock to manufacture their marine airlift bags in-house using specialist machinery that will greatly increase production capability.
The funding will be used for the procurement of specialist high frequency welding machines, plant and machinery, storage and testing, raw materials, building upgrades to heating, ventilation and air-conditioning, electrical systems, and IT systems.
The new R&D workspace will focus on advancing Tugdock’s technology, exploring sustainable materials and automation processes, and fostering collaborations with academic institutions to stay at the forefront of clean maritime innovation.
The project will create a range of high-skilled jobs in Hayle and the surrounding area of Cornwall, and help to promote long-term economic growth in the county.
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Decarbonising Cornwall and Isles of Scilly – Good Growth Shared Prosperity Fund
Image Credit: PBWC Architects for Cornwall Council.