Goodtech is proud to announce the award of a pre-feed study by Green Volt
Offshore Windfarm, set to be Europe's first commercial-scale floating wind farm.
Green Volt is a joint venture between the offshore wind developers Vårgrønn and
Flotation Energy.

When completed, Green Volt will provide up to 560 MW of renewable energy
capacity. The project will deliver electricity to oil and gas platforms,
replacing power currently generated by gas and diesel turbines. Green Volt will
also provide electricity to the UK grid.

The aim of the study is to ensure the successful implementation and operation of
the offshore wind farm, while prioritizing the needs of the end-users and
maintaining a robust and secure IT/OT infrastructure. Goodtech will leverage its
market leading experience within digitalisation in offshore wind by advising on
digital strategy, cyber security and data management.

Goodtech's extensive experience in renewable energy projects and the commitment
to deliver innovative and sustainable solutions have been key factors in
securing this contract.

The pre-feed study is expected to commence immediately. Goodtech will work
closely with the Green Volt team to ensure timely and efficient delivery of the
project. As the most progressed commercial-scale floating wind farm in Europe,
Green Volt is uniquely positioned to kickstart the floating offshore wind
industry in Europe.

"Goodtech's expertise and commitment to sustainability make them an excellent
partner for our pioneering floating offshore windfarm project. We are confident
that their pre-feed study will provide valuable insights and recommendations to
ensure the success of the project. We look forward to collaborating with
Goodtech and leveraging their knowledge in offshore wind" - Charlotte Elmelid,
Leading Electrical System Engineer in Vårgrønn and Electrical Package Manager
for Green Volt Project.

"We look forward to bringing our expertise to the Green Volt Offshore Windfarm
project," said Margrethe Hauge, CEO of Goodtech. "This partnership confirms our
position as a trusted provider of systems- and data solutions for the renewable
energy sector. Our team is excited to contribute to the success of the
groundbreaking Green Volt project and to support the transition to a greener and
more sustainable future".

For more information, please contact:

Margrethe Hauge, CEO Goodtech ASA
Phone: +47 957 96 920
Email: Margrethe.hauge@goodtech.no 

Øyvind Osjord, CFO Goodtech ASA
Phone: +47 950 46 649
Email: oyvind.osjord@goodtech.no