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Volkswagen is getting ready to open its pocketbook in a thunderous way. Financial Times Deutschland reports that VW will turn its eye for renewable energy to the sea, wind and sun, joining in on VW group partner Audi's ongoing renewable energy projects.

Technip, along with partners Nénuphar, Converteam and EDF Energies, recently launched Vertiwind, an offshore floating wind turbine project. The Vertiwind concept, which eliminates the laborious process of installing fixed wind turbines, could enable offshore wind farms to pop up in numerous countries across the globe.

Image of phony offshore wind farm - Click above to watch video after the jump