The first steel has been cut for Integrated Wind Solutions AS ("IWS") first
Construction Service Operation Vessel at the China Merchants Heavy Industry
facility in Jiangsu, China. The ceremony held 14th of January 2022 marks a major
milestone in bringing the series of IWS Fleet's offshore wind service vessels
into the renewables market. The vessel will be named IWS Skywalker and commence
its first contract at the Dogger Bank Wind Farm in summer 2023. Dogger Bank Wind
Farm is owned by SSE, Equinor, and ENI. 
  
IWS Skywalker is designed specifically to support commissioning works during the
construction of wind farms, as well as supporting operations and maintenance
during the lifetime of offshore wind farms, bottom fixed and floating. 
The hybrid powered vessel will be one of the first vessel in the industry
capable of zero emission operations. The vessel is designed by Kongsberg
Maritime and equipped with the latest generation fully compensated gangway and
crane from MacGregor. The vessel has several "industry firsts" having the
largest battery pack with solar panels for charging, hull and propulsion design
increasing operability and reducing emissions, and an energy consumption
estimated to be 20% lower than other CSOV's currently under construction. The
vessel is also the first in the industry to have the "DNV SILENT" notation,
which focuses on minimizing the impact on marine life below water. Norwegian
Ministry of Climate and Environment (ENOVA) has granted EUR 1 million to support
the environmental initiatives on IWS Skywalker as the vessels advanced
technology will reduce annual emissions by more than 1,300t CO2 equivalents.   

"This new vessel is reflecting Integrated Wind Solutions' ambitions to be a
front-runner in the industry as an unmatched integrated supplier of services in
the offshore wind industry. IWS Skywalker will take the industry to new heights
as it pushes the boundaries of operability, environmental impact and efficiency"
says Christopher A. Heidenreich, COO of the Integrated Wind Solutions AS. 

The second vessel of the Skywalker class will be delivered mid-2023, and based
on the keen interest in our design and capabilities and strong market demand,
Integrated Wind Solutions is in dialog for ordering additional vessels of the
Skywalker class for delivery early 2024. 
 
 
About Integrated Wind Solutions AS: 
Integrated Wind Solutions AS (ticker code: IWS) offers a fleet of
state-of-the-art service vessels to the offshore wind industry combined with a
suite of adhering services to reduce levelized cost of energy (LCOE) for
offshore wind. The Company has two UT5519DE Design Wind Farm Support Vessels
under construction with delivery in 2023, and options for up to four additional
sister vessels. Furthermore, Integrated Wind Solutions has a supply-chain
service company, IWS Services A/S, in Denmark and a 30% ownership in the
independent advisor, consultancy, data intelligence and wind farm operator firm,
PEAK-Wind Group. Integrated Wind Solutions is headquartered in Oslo, Norway. For
more information, see the company website: integratedwind.com.