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Birmingham Post
Birmingham Post
Business
Coreena Ford

North East deals of the week: key contracts, investments and acquisitions

North Tyneside offshore specialist Kinewell Energy has signed a long-term global contract with Equinor for the use of its pioneering software.

The North Shields company’s KLOC (Kinewell layout optimisation of cable) software designs economically optimised inter-array layouts for offshore wind farms, playing ‘dot-to-dot’ to find the most cost-effective way of linking up turbines with cable to collect the energy generated. Kinewell, launched by Dr Andrew Jenkins in 2015, has collaborated with energy giant Equinor since its inception on a number of demonstration projects, working with teams in the UK, US and South Korea.

The North Shields company provided commercial consultancy services to optimise the cable layout of Equinor’s Beacon offshore wind project near Massachusetts, US, which will provide power to New York state. Now Kinewell’s KLOC system will be made available to Equinor in-house to support its worldwide offshore wind development pipeline.

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