Vineyard Wind and Greentown Labs have established a partnership to run a Greentown Launch accelerator program focused on offshore wind innovations.
The Greentown Launch program will identify and deploy innovations that enhance offshore monitoring technologies focused on protecting marine mammals.
The parties will collaborate on a ten-month program, Greentown Labs’ flagship accelerator program designed to advance new venture creation and corporate partnerships with the industry’s most promising cleantech entrepreneurs.
They plan to together support early-stage startups developing technologies to improve the offshore wind energy and marine life value chains by providing the resources, training, and expert mentorship they need to advance their innovations.
The Launch program will aim to forge strategic relationships between selected entrepreneurs, Vineyard Wind and its partners.
“Our company and dozens of others are poised to invest billions of dollars in construction and technology on projects that will only be improved by new marine data monitoring technologies,” said Lars Pedersen , CEO of Vineyard Wind.
“We look forward to working with Greentown to engage talented cleantech entrepreneurs and startups to develop technologies that will make offshore wind projects safer and more efficient.”
The request for proposals will be launched in March, while the announcement of the selected startup participants is planned for July.
Vineyard Wind is seeking to develop an 800MW offshore wind farm in Massachusetts, the first U.S. large-scale offshore wind project.
The wind farm has recently faced postponements in the permitting timeline. Namely, the final permits have not been issued in August 2019 as initially planned, but are expected by mid-March 2021.