Ørsted joins consortium in running for Norwegian offshore wind areas
The Horns Rev 2 Offshore Wind Farm. Source: Ørsted A/S
Danish offshore wind major Ørsted A/S (CPH:ORSTED) has joined a Norwegian consortium of Fred. Olsen Renewables AS and Hafslund Eco AS to compete in Norway’s upcoming tender for offshore wind areas.
Fred. Olsen Renewables, part of Norwegian group Bonheur ASA (OSL:BON), and Hafslund Eco, an energy and infrastructure company owned by the city of Oslo, formed their partnership in November last year.
The expanded consortium, where the three companies will be equal partners, will seek to develop both bottom-fixed and floating offshore wind power projects. It will bid for licences in the Utsira Nord and Sorlige Nordsjo II areas that have been opened by the Norwegian government for offshore renewables. Up to 4.5 GW is expected to be allocated across the two areas, with the partners saying that the technical potential is much higher.
“The Norwegian part of the North Sea holds great potential for the development of large-scale offshore wind farms that can supply green energy to Norwegian industries and households, and potentially also to other countries in the North Sea through the offshore grid needed to enable the massive build-out of offshore wind across Europe towards 2050,” reads the statement.
Other companies are also setting up consortia to compete for the offshore wind areas. Most recently, Belgian offshore wind developer Parkwind NV and Norway’s NorSea Group announced a tie-up to bid in the licence round.