Xfloat

Region Asia
Country Israel
Company Type Project Owners
Company Sectors Solar

Company description

Xfloat is a company that has developed a unique technology for floating offshore wind platforms. The company's technology is based on a patented floating platform that is designed to be stable in all sea conditions. Xfloat's floating platforms also have a number of advantages over traditional fixed-bottom offshore wind platforms, including:
  • Lower cost: Xfloat's floating platforms are cheaper to build and install than traditional fixed-bottom offshore wind platforms.
  • Greater flexibility: Xfloat's floating platforms can be installed in deeper water and in more remote locations than traditional fixed-bottom offshore wind platforms.
  • Reduced environmental impact: Xfloat's floating platforms have a lower environmental impact than traditional fixed-bottom offshore wind platforms because they do not require the construction of a foundation.

Xfloat is currently developing a number of floating offshore wind projects around the world. The company's first project is a 25 MW floating offshore wind farm in Portugal. The project is expected to be completed in 2024. 

Company details

City:
Caesarea
Address:
Xfloat Ltd. Industrial Park, 7 Bareket St Caesarea, 3079541 Israel
Email:
info@xfloat.co
Website:
https://xfloat.co/

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • September 20, 2023

    Construction completed for 31 MW floating PV project in Israel

    Teralight has completed the largest floating PV project, deploying 31 MW of capacity on two water reservoirs in the northern part of Israel.  This floating PV system spans across two water resou...

    Read more
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