November 9, 2020 Read More →

Irish, Chinese firms partnering to develop 1GW Scottish offshore wind farm

Independent.ie:

The ESB [Ireland’s state-owned utility] has teamed up with a Chinese-owned firm to develop a €3bn-plus wind farm off the coast of Scotland. It’s the second major Scottish offshore wind farm project that the semi-State ESB has signed up to in the past year.

In its latest deal, the ESB has inked a 50-50 joint venture with Edinburgh-based Red Rock Power – a wholly-owned subsidiary of China’s State-controlled SDIC Power – to develop the Inch Cape wind farm. It will generate up to one gigawatt of electricity and include 72 turbines.

Last year, the ESB snapped up a 50pc stake in the 450MW Neart na Gaoithe offshore Scottish wind-farm project from French utility giant Electricite de France. Construction of the €2bn project, which features 54 wind turbines, is already under way, with full commissioning expected to take place in 2023.

No specific timelines have yet been hammered out for the development of the Inch Cape wind farm, which will generate enough electricity to power up to one million homes.

ESB and Red Rock Power have also agreed that they may collaborate on future energy projects.

The ESB has a substantial presence in the UK market, owning power stations and wind farms. It also has a retail arm there. SDIC Power has assets across wind, solar, hydro and coal-fired power generation. Those assets have a total installed capacity of 36.3 gigawatts.

[John Mulligan]

More: ESB to co-develop €3bn offshore wind farm in Scotland

Comments are closed.