US offshore wind developer Magellan Wind and Denmark’s Copenhagen Infrastructure Partners (CIP) have joined hands to develop an early-stage portfolio of floating offshore wind projects off California and other parts of the US.
The two companies aim to get involved in both large and small-scale projects in deep coastal waters and will focus on the deployment of Stiesdal Offshore Technologies’ TetraSpar floating foundation, Magellan Wind said on Tuesday. The particular floating foundation concept was developed by Henrik Stiesdal, a Danish inventor and former chief technology officer at Siemens Wind Power.
Magellan will contribute to the partnership with leasing, permitting, offtake, transmission and interconnection expertise, while Danish fund management company CIP will bring project design, engineering, finance, construction and operations know-how.
“The offshore wind industry in the US, with its huge job creation and economic development potential, is poised for a rapid acceleration. We expect floating wind to be a significant contributor to this new-to-the-US sustainable industry,” said Jim Lanard, CEO of Magellan.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.