Weekly renewables M&A round-up (Aug 8-12)
Aug 12, 2022 17:43 CESTJanuary 12 (Renewables Now) - Irish renewables developer DP Energy and EDF Renewables UK and Ireland, a subsidiary of French utility EDF (EPA:EDF), on Wednesday unveiled a joint venture partnership for an up-to-1-GW floating offshore wind project in the Celtic Sea, called Gwynt Glas.
UK seabed landlord the Crown Estate has been working on plans for floating wind leasing in the Celtic Sea with an ambition to unlock up to 4 GW of capacity in England and Wales. It said in November 2021 its leasing proposals focus on two categories -- early-commercial projects of around 300 MW-350 MW and full-commercial scale schemes of up to 1 GW.
DP Energy, which has a UK team based in Pembroke Dock, unveiled the Gwynt Glas project in November 2021 as a 300-MW initiative.
An area of 1,500 sq km, located some 70 km from the shore, has been identified for the project and initial remote aerial surveys for marine mammals and birds have been underway since last spring. In the coming weeks, the project team will carry out consultations with stakeholders and interested parties to refine the proposed location, the companies said.
The news about the partnership comes a day after DP Energy and Spanish utility group Iberdrola SA (BME:IBE) opened an office in Cork City for their joint venture for a 3-GW Irish offshore wind pipeline.
Weekly renewables M&A round-up (Aug 8-12)
Aug 12, 2022 17:43 CESTUK hits 25.5 GW of wind power capacity
Aug 12, 2022 17:15 CESTRWE to make over EUR 5bn in green investments in 2022
Aug 12, 2022 17:11 CESTTurkish renewables firm Kalyon Enerji sells 50% stake to Abu Dhabi's IHC for 477 mln euro
Aug 12, 2022 16:27 CESTDEME installs substation at Fecamp wind farm offshore France
Aug 12, 2022 15:59 CESTUnit of Malaysia's TNB gets more time to reach fin close for 50-MW solar project
Aug 12, 2022 15:30 CEST