Parkwind, ESB Partner on Irish Offshore

Laxman Pai
Friday, January 25, 2019

Belgian developer Parkwind has reached an agreement with Irish state-owned utility ESB to collaborate on the 330MW Oriel and 500MW Clogherhead wind farms off the coast of Ireland.

The Irish utility has agreed to acquire an interest of up to 35% in the Oriel windfarm, which is 22km off the coast at Dundalk. The windfarm will have up to 330MW capacity and feature 55 large turbines.

Once operational, the Oriel Windfarm will generate enough capacity to cover the needs of approximately 280,000 households - most of the population in counties Louth and Meath. Oriel will furthermore contribute to the reduction of Ireland’s carbon emissions by 600,000 tonnes per annum.

Parkwind, one of Europe’s offshore wind leading companies, will continue to head the project from its Dublin offices in close collaboration with ESB.

ESB and Parkwind will also work together on the Clogherhead project for which ESB holds a foreshore license to commence site investigations. Parkwind will acquire up to 35 per cent of the Clogherhead project which is intended to be developed as a unique development, under a separate planning application.

Minister for Communications, Climate Action and Environment Richard Bruton TD, who is meeting with senior ESB and Parkwind representatives this afternoon, commented: “Today’s announcement is a significant development for Ireland’s offshore wind industry. This project has the potential to deliver sustainable, clean offshore wind energy for 280,000 Irish families – equivalent to the needs of most of Louth and Meath.”

Parkwind’s co-CEO Francois Van Leeuw stated: “Since its entry into the Oriel project, Parkwind has performed a lot of development activities, opened offices in Dublin and is today delighted to welcome ESB to the Oriel project team. We look forward to working with ESB and local stakeholders in making the Oriel and the Clogherhead projects a success.”

ESB Chief Executive Pat O’Doherty said: “Under our Brighter Future Strategy, ESB is completely transforming the way we generate electricity, replacing high carbon generation with low carbon and renewable alternatives.  Today’s announcement represents a significant investment by ESB in offshore wind, which we anticipate will account for the bulk of Ireland’s future zero carbon electricity."

Our collaboration  with internationally respected developers such as Parkwind in the delivery of the Oriel and Clogherhead projects underscores our commitment to further involvement in the development and construction of offshore wind farms in both Ireland and the UK,” O’Doherty added.

Categories: Wind Power Offshore Energy Offshore Wind

Related Stories

Mermaid Maritime Expands Into US Offshore Market

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

ABL Gets Papua New Guinea FSO Job

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

Jadestone Energy Lifts Malaysia Production with Second Online Well

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Current News

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com