PV tower developer Three Sixty Solar debuts on Canadian bourse
Aug 15, 2022 17:20 CESTJanuary 17 (Renewables Now) - Ocean Winds, a 50/50 joint venture between EDP Renewables (ELI:EDPR) and Engie SA (EPA:ENGI), today won block NE4 in the ScotWind seabed tender, thus securing exclusive rights to develop 1 GW of offshore wind capacity in Scottish waters.
The company said in a statement that it will develop the 440-sq-km site into a bottom-fixed offshore wind farm called Caledonia, with the possibility of using a portion of the plant’s output for green hydrogen production.
Ocean Winds will initiate development with the publication of an Environmental Impact Scoping Report early next year. The plan is to deliver the wind park by the end of the decade.
The seabed area known as NE4 is located in the outer Moray Firth and is adjacent to the existing 950-MW Moray East and 0.9-GW Moray West offshore wind projects, providing the opportunity for synergy creation.
“Our 950 MW Moray East project led the way, not just in Scotland, but in the world in terms of cutting the cost of low carbon electricity. Moray East is now generating enough power to meet the needs of up to 40% of Scottish households. Its sister project, Moray West, is shovel-ready for construction pending the next CfD auction,” commented Dan Finch, managing director of Ocean Winds UK.
Earlier today, Crown Estate Scotland announced it has selected 17 out of 74 project applications to receive option agreements as part of the ScotWind offshore wind leasing round. The 17 winners represent nearly 25 GW of capacity.
PV tower developer Three Sixty Solar debuts on Canadian bourse
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