EDP Renováveis wins rights to develop 1 GW offshore wind project in Scotland

Through Ocean Winds, an offshore JV it owns with Engie, EDP Renováveis will build a new wind project of around 1 GW in block NE4, the Caledonia Offshore Wind farm in Scotland.

EDP Renováveis (EDPR) announced this Monday that Ocean Winds, the offshore JV owned by EDPR and Engie, has received exclusive rights to develop a bottom-fixed offshore wind project of around 1 GW in block NE4, the Caledonia Offshore Wind farm in Scotland.

The capacity awarded to Ocean Winds is located on the Caledonian seabed, next to the existing 950 MW Moray East and c. 0.9 GW Moray West offshore projects. Caledonia, with around 1 GW, will be commissioned until the end of the decade, leading Ocean Winds to contribute with around 2.9 GW to reach the UK 40 GW target by 2030.

“UK is among the largest offshore wind markets worldwide, having recently raised its offshore target to 40 GW by 2030,” EDP Renováveis stated.

“The award of this project reinforces and consolidates our position as a key player in the UK, where we already have the adjacent Moray East and Moray West projects, favouring synergies between them and improving their efficiency. Our presence in the area for more than a decade has positioned it as a strategic market for the Group and we are firmly committed to continuing to pursue our investment roadmap to drive the energy transition,” said Miguel Stilwell d’Andrade, CEO of EDP and EDP Renováveis, in the same statement.

Caledonia’s 440 km2 seabed area is located near the existing Moray East and Moray West projects, “allowing Ocean Winds to leverage on the experience and synergies of developing, building and operating Caledonia in conjunction with Moray East and Moray West,” EDPR added.