Mojo, IKM Net Funds for Hi Flo ROV

Mojo Maritime and IKM Subsea, Norwegian ROV manufacturer and operator, have jointly secured a significant EU Horizon 2020 Grant to support a €1,200,000 R&D project to develop an ROV for use in high energy tidal sites, and capable of being operated from Mojo’s tidal energy vessel, the Hi Flo 4 (HF4).

The two companies joined forces in mid-2014 in an effort to develop a basic design for an HF ROV that is capable of then being manufactured according to a schedule that will align with the envisaged build schedule for the HF4 ship.

Mojo’s vessel is capable of operating in tidal streams of up to 10 knots, and is capable of installing tidal array in half the time of conventional methods, according to the company.

The work on the HF ROV has began on 5 January 2015, and will continue through to the end of 2015.