Norway

Norway

Ørsted forms JV for Norwegian offshore wind

Ørsted, Hafslund Eco and Fred Olsen Renewables aim to compete in Norway’s upcoming tender rounds for offshore wind

The three companies will be equal partners in development of both bottom-fixed and floating offshore wind (pic: Ørsted)
The three companies will be equal partners in development of both bottom-fixed and floating offshore wind (pic: Ørsted)

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Ørsted has formed a consortium with infrastructure group Hafslund Eco and Fred Olsen Renewables to develop offshore wind in Norway.

The three companies will be equal partners in the development of both bottom-fixed and floating offshore wind.

They aim to compete in the country’s upcoming tender and allocation rounds for two areas, Sørlige Nordsjø II and Utsira Nord, which are off the south and south-west of Norway respectively.

Ørsted, Hafslund Eco — which is entirely owned by the City of Oslo, and renewable energy developer, owner and operator Fred Olsen Renewables plan to help grow the Norwegian supply chain for the expected large-scale build-out of offshore wind in Norway and Europe.

Martin Neubert, chief commercial officer and deputy group CEO at Ørsted, said: "This partnership is an important step for Ørsted, as we expand our footprint in the Nordics. 

“At the same time, we have made the strategic choice to drive the commercialisation of floating offshore wind to unlock the massive potential of the technology around the world where Norway can become a key market in Europe."

The announcement comes after Norwegian energy minister Tina Bru gave more details on the selection processes for offshore wind farms in Sørlige Nordsjø II and Utsira Nord, and said the government would aim to identify new areas for project development.

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