Ørsted acquires majority stake in Scottish floating wind project

Wind Energy – Floating Wind

Ørsted joins a floating wind joint venture set up by Simply Blue Group and Subsea 7.

The 100 MW Salamander project is a stepping-stone floating wind project off the east coast of Scotland, designed to provide the Scottish supply chain with an early capacity development opportunity before larger ScotWind projects kick off.

The project will deploy innovative and cutting-edge floating offshore wind technologies to support the cost reduction and learning journey needed for the commercial deployment of floating offshore wind.

Ørsted will own an 80 % stake in the project as Simply Blue Group’s newest JV partner on the project, alongside minority JV partner Subsea 7.

Martin Neubert, Group Deputy CEO and Chief Commercial Officer at Ørsted, said: “I’m pleased that we have agreed with Simply Blue to become a partner on this promising project which further expands Ørsted’s engagement in floating offshore wind and will provide a lot of learnings that we can apply on ScotWind and other floating wind projects as the technology transitions from demo projects to utility scale. Ørsted has been driving the commercialisation of bottom-fixed offshore wind for 30 years, and during the next decade we want to help make floating offshore wind similarly successful through projects such as this one.”

Sam Roch-Perks, CEO of Simply Blue Group said: “We are delighted that Ørsted is joining with Simply Blue Group and Subsea 7 to develop the Salamander project.  Ørsted is a leading player in renewable energy and brings considerable expertise to the prestigious Salamander project. As a leading floating wind developer, Simply Blue Group wants to contribute to the development of the Scottish offshore wind market and its supply chain. Scotland is one of the best locations on the planet for the development of floating wind projects and we look forward to the collaboration with Ørsted on this exciting and important project.”

Original Source: https://ocean-energyresources.com/2022/04/08/orsted-acquires-majority-stake-in-scottish-floating-wind-project/