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 Offshore Wind Activity Australia/NZ

Related Stories

Japan to Launch $10B Fund to Help Asia Secure Oil

Philippines Seeks US Extension to Buy Russian Oil

Borr Drilling Expects Higher Activity as Rigs Return to Work

UK Declines to Support US Hormuz Blockade, PM Starmer Says

Sunda, Finder Target Shared Rig for Timor-Leste Offshore Drilling

France Leads 15-Country Effort to Reopen Strait of Hormuz

ABL Transports Northern Endeavour FPSO to Recycling Yard

Fire at ONGC's Offshore Platform Injures 10, Operations Normalized

Iran War Reshapes Global LNG Trade

Eni Advances Major Deep Water Gas Hubs with Dual FIDs

Current News

Toyo, OneSubsea Form Subsea CCS Partnership

Japan to Launch $10B Fund to Help Asia Secure Oil

TotalEnergies Eyes Black Sea Exploration with Türkiye’s TPAO

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

Philippines Seeks US Extension to Buy Russian Oil

Borr Drilling Expects Higher Activity as Rigs Return to Work

Iran-Linked Tankers Sail Through Hormuz Before US Blockade

China Calls for De-Escalation as US Threatens Hormuz Blockade

Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

UK Declines to Support US Hormuz Blockade, PM Starmer Says

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