EDP Renováveis wins bid to develop new offshore wind project in Scotland


EDP Renováveis (EDPR), whose parent company EDP Portugal has China Three Gorges as itslargest shareholder, received exclusive rights to develop an offshore wind project of around 1 GW in Scotland.

According to a company statement, Ocean Winds – an offshore JV owned by EDPR and Engie – will develop a bottom-fixed offshore wind project of around 1 GW in block NE4, the Caledonia Offshore Wind farm in Scotland.

“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 (pictured above), CEO of EDP and EDP Renováveis, in the same statement.

EDP Renewables Raises USD 2.3 billion in Asset Rotation

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

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.

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.


Other articles


Macau and Portugal Strengthen Ties in Justice, Economy and Trade


Hong Kong Asks Portugal to Lift Tax Haven Status