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

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Jadestone Energy Lifts Malaysia Production with Second Online Well

Hormuz Crossings Decline as US Renews Iran Blockade

Hormuz Reopening Risks Turning Oil Shortage Into Glut

Inpex’s Ichthys LNG Strike Persists as Fair Work Hearing Gets Postponed

Ichthys LNG Strike Intensifies as Union Talks with Inpex Collapse

Current News

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

Oil Eases After Topping $100, Still Set for Weekly Rise

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

ABL Gets Papua New Guinea FSO Job

Energean Lifts Karish Fields FPSO Oil Processing Capacity

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