Ørsted has joined a duo of Italian developer Falck Renewables and members of the team behind the WindFloat Atlantic project, to develop floating offshore wind off Scotland.
The partners plan to enter Scotland’s ongoing leasing round, bidding for sites that lend themselves to large-scale floating offshore wind farms. This would be Ørsted's first bid to deploy floating offshore wind.
Seabed landlord the Crown Estate believes its ScotWind round could see leases awarded for sites capable of hosting up to 10GW of capacity.
BlueFloat Energy and Falck Renewables had announced their intention to enter the ScotWind round back in January. A trio of TotalEnergies, the Green Investment Group and the Renewable Infrastructure Development Group, pairings of Vattenfall and Fred Olsen Renewables, BP and German utility EnBW and Simply Blue Energy and Subsea 7, as well as Ideol and Aker Solutions, have also all announced their intention to bid.
Ørsted is a world leader in offshore wind development, while BlueFloat Energy has unique knowledge and experience in developing, financing and executing floating wind projects. Falck Renewables has a track record of global project development and community engagement, particularly in Scotland, the partners explained.
Ørsted has stakes in more than 8.2GW of operational offshore wind power capacity worldwide and is helping to develop a further 21.2GW, according to Windpower Intelligence, the research and data division of Windpower Monthly.
Meanwhile, members of BlueFloat’s senior management team helped to develop the 25MW WindFloat Atlantic project while at EDPR. BlueFloat itself is backed by 547 Energy, the renewable energy investment platform of private equity firm Quantum Energy Partners.
And while Falck owns stakes in 460MW of operational Scottish onshore wind capacity, its portfolio currently lacks operational offshore wind capacity.