DRIFT Energy secures funding to go green hydrogen sailing

DRIFT Energy has rounded off a £4.65 million funding round, enabling it to scale and realise its ambition to make green energy at sea.

The British start-up plans to use hi-tech sailing vessels that can harness deep ocean wind and produce green hydrogen at sea, before then delivering it globally. The funding it has secured will boost its vessel design programme, support growth of its team and enable the onboarding of new partners. It is aiming for a first keel laying in 2025.

Blue Action Accelerator supported DRIFT through the seed funding round, with Co-Founder George Northcott stating: “Blue Action Accelerator’s mission is to help scale groundbreaking technologies that preserve marine environments and support coastal-dependent communities. DRIFT is the ultimate example of that – creating a new class of mobile renewable energy from the world’s seas and delivering it to where it is needed – from island nation communities to power hungry ports.”