New partnership on second ScotWind floating offshore wind site

Wind Energy – Floating Wind

Mainstream Renewable Power and Ocean Winds have partnered to develop a second ScotWind site of 500 MW east of Shetland, expanding the overall footprint of the Arven Offshore Wind Farm to 2.3 GW.

Arven comprises two sites. The first is the 1.8 GW site east of the Shetland Islands which was awarded to the 50:50 joint venture between Mainstream and Ocean Winds as part of the ScotWind leasing process in 2022.

Separately, Ocean Winds was awarded a 500 MW site in the same NE1 block. Mainstream has now completed its acquisition of a 50% shareholding in Ocean Wind’s holding company and the two sites are now being developed jointly to maximise their potential.

The partners have commenced early-stage local engagement, meeting with supply chain partners, local authorities and fisheries representatives.

Original Source: https://ocean-energyresources.com/2023/08/17/new-partnership-on-second-scotwind-floating-offshore-wind-site/