Cerulean Winds to bid for four 1.5-GW floating wind sites in Scotland

NOV’s Tri-Floater design. Source: Cerulean Winds.

July 19 (Renewables Now) - Green energy infrastructure developer Cerulean Winds plans to bid for four 1.5-GW floating wind sites in Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) leasing round.

The company said in a statement that “this scale will remove more emissions quickly, keep costs lower for platform operators and provide the anchor for large scale North-South offshore transmission.”

According to the announcement, each 100-turbine site will require an investment of GBP 6 billion (USD 1.2bn/EUR 1.18bn). The development is also expected to create more than 10,000 jobs, including in local fabrication and assembly.

Over the past 18 months, the company and its delivery partner NOV have been engaging the supply chain and has a live request for information (RFI) with UK yards for the fabrication and assembly of the tri-floater technology. Cerulean Winds noted that the steel floating bases for the wind parks will require hundreds of thousands of tonnes of steel.

“Our base structure design can be floated in very shallow water depths suitable for the UK, unlike alternative cement floating wind structures which require 90 metres so can’t be built here,” commented Dan Jackson, founding director of Cerulean Winds.

The company has already attracted a consortium of contractors and several partners. Financial services groups Societe Generale and Piper Sandler are involved as well.

(GBP 1 = USD 1.196/EUR 1.181)

Join Renewables Now's free daily newsletter now!

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription
\