SSE and Equis Form Joint Venture for Offshore Wind Project in Australia

Tuesday, April 4, 2023

UK-based offshore wind developer SSE Renewables and Asia Pacific-focused renewable energy developer Equis have formed a joint venture to bid for a feasibility license to develop, construct, own, and operate an offshore wind farm project in Australia.

The wind farm site is in Australia’s first Federal Government-declared offshore wind zone of Gippsland, near the State of Victoria.

SSE Renewables and Equis have identified the target areas in which they intend to apply for a feasibility license and are working together on the required due diligence work ahead of a bid submission in April 2023, SSE Renewables said Monday.

Should the consortium be successful, SSE Renewables will be responsible for the engineering, procurement, construction, operations, and maintenance of the offshore wind project. 

Equis will be responsible for the development of the offshore wind project, including the power network connection, development approval and environmental requirements, community and stakeholder engagement, offtake and government licensing and financing requirements.

The State of Victoria is targeting at least 2 GW of offshore generation capacity by 2032, 4 GW by 2035, and 9 GW by 2040.

Categories: Energy Renewable Energy Industry News Activity Australia/NZ Offshore Wind

Related Stories

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

VARD Snags $125M Shipbuilding Deal for Subsea Construction Vessel

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

Woodside Inks Long-Term LNG Supply Deal with China Resources

CNOOC Discovers ‘Vast Exploration Prospects’ in China’s Beibu Gulf Basin

Eco Wave Finds Partner for Wave Energy Project in India

McDermott Concludes Work at PTTEP’s Kikeh Gas Field Off Malaysia

Petronas Preps for Sabah-Sarawak Gas Pipeline Decom Op

Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field

Current News

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

TMC Books Compressors Orders for FPSO and LNG Vessels

MODEC, Sumitomo Partner Up for Delivery of Gato do Mato FPSO

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

EnQuest Bags Two Production Sharing Contracts off Indonesia

Hanwha Drilling’s Tidal Action Drillship En Route to Petrobras’ Roncador Field

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

India Stretches Bids Deadline for 13 Offshore Deep-Sea Mineral Blocks

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