What BlueNewables does

BlueNewables S.L. is a Tenerife-headquartered Spanish engineering consultancy founded in 2019 that operates in the floating offshore renewable energy segment of the blue economy. The firm delivers technical know-how across the full project lifecycle of floating wind and floating solar farms, from early pre-conceptual design through to offshore installation, including owner's engineering, project management, consultancy, and secondment services. Its primary customer segments are marine renewables developers and investors seeking to develop floating wind or solar farms, and EPCI contractors looking for differentiated floating platform solutions.

The company's core offering is a portfolio of five proprietary floating platform technologies branded with the "-bos" suffix: WIND-bos (an evolved SPAR for next-generation +20MW turbines with self-installing capability), S-bos (a concrete semi-submersible for deep offshore wind), CT-bos (a concrete Tension Leg Platform adaptable to multiple turbine sizes), G-bos (a concrete Gravity Base Structure for +15MW turbines with integrated transport), and PV-bos (an offshore floating solar solution combining bifacial PV panels with modular floating structures). Several designs deliberately avoid reliance on expensive Heavy Lift Vessels, targeting lower LCOE. Concentrated talent (50 years cumulative floating wind design experience, 150 years offshore engineering experience across 25 staff) underwrites the technical differentiation.

Commercially, BlueNewables operates as a B2B sales-led professional services firm with a quote-based consultancy revenue model and no public pricing. It is ISO 9001 and ISO 14001 certified (2022), has secured Spanish institutional R&D grants including the KSSP 2024 grant (co-funded by CDTI), and has established co-development partnerships with Denmark's Wavepiston and Iceland's Haf-Afl in adjacent wave energy vertical. No venture funding rounds, parent ownership, or M&A activity are disclosed.

Name

BlueNewables

Legal name

BlueNewables S.L.

Website

https://bluenewables.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

BlueNewables is a Tenerife-based engineering consultancy founded in 2019 that supports marine renewables developers and EPCI contractors with proprietary floating platform designs for offshore wind and solar farms, delivering design, owner's engineering, and project management services across the project lifecycle.

Ownership category

akta.pro rank

Product category

Offshore Engineering Services

NAICS

Environmental Consulting Services (54162)

SIC

Misc Industrial & Commercial Machinery & Equipment (3590)

akta.pro primary industry

Offshore Wind Substructures & Marine Engineering (Monopiles, Jackets, Floating) (EUAMACAE)

akta.pro secondary industries

Offshore Wind Power Generation (Floating) (EUACAFAC), Advanced Wind Technology R&D (Floating Offshore, Airborne Wind, New Rotor/Blade Concepts) (EUAMAOAB), Marine & Offshore Wind BOP Construction (Foundations, Cables, Ports, Installation Support) (EUAMAFAI)

Keywords

• Floating offshore wind
• Floating solar platforms
• Offshore engineering consultancy
• Naval architecture services
• Marine renewable energy

Headquarters

HQ city

Es

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Engineering Consultancy Services: Professional services including offshore engineering and design, consultancy, owner's engineering, project management, and secondment supporting clients from pre-conceptual stages to final offshore installation.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

BlueNewables sells engineering consultancy services for floating offshore renewable energy projects, from pre-conceptual development through offshore installation, including owner's engineering, project management, design, and staff secondment. The offering is built around a portfolio of five proprietary floating platform technologies (WIND-bos, CT-bos, G-bos, S-bos, PV-bos) covering next-generation offshore wind turbines up to 20MW and marine floating solar.

Product overview

BlueNewables is an engineering consultancy offering a portfolio of five distinct floating offshore energy technologies: WIND-bos (Evolved SPAR for +20MW turbines), S-bos (Concrete Semi-submersible), CT-bos (Concrete Tension Leg Platform), G-bos (Gravity Base Structure for +15MW turbines), and PV-bos (PhotoVoltaic Offshore Solutions for marine floating solar). The company supports clients throughout the project lifecycle from early pre-conceptual stages to final offshore installation, providing services in floating wind and solar farms development, offshore engineering and design, consultancy, owner's engineering, project management, and secondment.

Differentiator

Problem solved

Functional benefit

Brands

• S-bos: Concrete Semi-submersible floating foundation technology for deep offshore wind.
• WIND-bos
• CT-bos
• G-bos
• PV-bos

Products and services

• Offshore Engineering and Design Services Engineering and design services for floating offshore wind and floating solar projects, delivered to marine renewables developers, operators, and EPCI contractors throughout the project lifecycle.
• Floating Wind and Floating Solar Farm Development Development support for floating offshore wind and floating solar farm projects, covering early-stage planning, site assessment, and concept development for investors and operators in marine renewables.
• Consultancy General technical consultancy services providing advisory support across marine renewables projects, drawing on the firm's experience in floating wind and offshore engineering.
• Owner's Engineering Owner's engineering services representing client interests during the design, fabrication, and installation phases of floating offshore renewable energy projects.
• Project Management Project management services for floating offshore wind and solar developments, covering coordination of engineering, procurement, fabrication, and installation workstreams.
• Secondment Services Secondment of BlueNewables engineers into client project teams to provide embedded technical capacity for floating offshore renewables developments.
• WIND-bos (Evolved SPAR) Proprietary evolved SPAR-type floating wind platform designed to support next-generation offshore wind turbines above 20MW, combining advantageous features of current floaters with self-installing capability that avoids expensive Heavy Lift Vessels.
• CT-bos (Concrete Tension Leg Platform) Concrete Tension Leg Platform technology easily adaptable for several turbine sizes, with simple geometry based on concrete port caisson, self-stable for transport and installation, and high-strength rigid pipe tendons.
• G-bos (Gravity Base Structure) Concrete Gravity Base Structure prepared to support +15MW offshore wind turbines, with integrated transport capability like a semi-submersible platform and ballasting process that does not require large installation vessels.
• S-bos (Concrete Semi-submersible) Innovative wind-specific evolution of semi-submersible floating structure using concrete as the main construction material to significantly reduce manufacturing costs for deep offshore wind applications.
• PV-bos (PhotoVoltaic - BlueNewables Offshore Solutions) Disruptive offshore photovoltaic solution featuring modular floating structures with bifacial solar panels, self-installing capability, easy O&M, and no ballast system requirement, designed for offshore waters and port environments with improved energy production from cooling and sea light reflection.

Quantifiable outcome

• LCOE reduction through simplified design and self-installing capability avoiding expensive Heavy Lift Vessels

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered core and minor.

• WavepistoncoreStrategic or Co-development PartnerDanish wave energy company Wavepiston and BlueNewables (Spain-headquartered) are partnered on wave energy development. The companies have submitted permitting documentation for a wave energy pilot farm site on Gran Canaria's northern coast, marking a key milestone toward commercial development.
• Haf-AflminorStrategic or Co-development PartnerBlueNewables has signed a memorandum of understanding with Iceland-based Haf-Afl to explore scalable wave energy solutions that could complement Iceland's energy mix.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Hexicon: Swedish developer of multi-turbine floating wind platforms (Power Twin). Compares to BlueNewables' portfolio approach to floating substructure innovation.
• Ocean Sun: Norwegian developer of marine floating PV systems using modular hydro-padding membranes. Closest emerging peer to BlueNewables' PV-bos offshore solar platform.

Broad incumbents

• Saipem: Major EPCI contractor pursuing floating wind installation services (Moss Maritime / Hex-Floaty concept). Competes for engineering and project-management mandates that BlueNewables targets.
• Equinor (Hywind): Hywind developer and operator—pioneering SPAR-based floating wind farms (Hywind Scotland, Hywind Tampen). Sets the incumbent technology benchmark that BlueNewables' WIND-bos is designed to evolve beyond.
• SBM Offshore: Dutch offshore engineering firm with floating wind substructure expertise leveraging its deep-water offshore background. Broadly comparable to BlueNewables' offshore engineering and design services.
• Aker Solutions (Aker BP / Ocean Grid): Engineering major participating in floating wind through concrete substructures (Hywind) and broader offshore EPCI. Competes with BlueNewables in engineering services for floating wind project development.

Direct peers

• Principle Power: Developer of the WindFloat semi-submersible floating wind platform. Direct competitor to BlueNewables' S-bos and WIND-bos concepts in the floating offshore wind substructure design market.
• Stiesdal Offshore Technologies: Danish engineering firm developing the TetraSpar floating wind concept (SPAR/SA combination). Compares to BlueNewables' WIND-bos evolved SPAR platform for next-generation turbines.
• Naval Energies: French offshore renewables firm developing FLOATGEN and other floating wind demonstrators. Engineering peer in the European floating wind substructure innovation space.
• BW Ideol: French floating wind developer with the Damping Pool technology, a concrete-based floating substructure. Closely comparable to BlueNewables' S-bos and G-bos concrete floating platforms.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/bluenewables
• LinkedInlinkedin.com/company/bluenewables
• Instagraminstagram.com/bluenewables/?hl=es

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BlueNewables