Arven Offshore Wind Farm, is the subject of a seabed lease agreement between Mainstream Renewable and Ocean Winds. Both companies are licensed by the Crown Estate Scotland.
A partnership for Scotland
Arven Offshore Wind Farm will require the two bidding companies to pay £36 million for the seabed lease. Indeed, the Crown Estate Scotland wishes to develop this floating offshore wind farm. It is located off the Shetland Islands in Scotland and will have a capacity of 1.8GW.
Mainstream and Ocean Winds each own 50% of the project. Thus, the two companies want to develop the floating offshore wind on an industrial scale by creating local jobs. Arven Offshore Wind Farm will meet the needs of two million households and will save, annually, three million tons of CO2.
Renewed cooperation
Sian Lloyd-Rees, UK National Director of Mainstream Renewable Power, says:
“We are excited to advance our plans for the Arven offshore wind farm and, building on Mainstream’s Scottish development experience and Aker Group’s decades of offshore heritage in the North. Sea, we are ready to play a leading role in the industrialization of floating offshore wind.”
Adam Morrison, UK Country Manager for Ocean Winds, says:
“Our team at Ocean Winds is delighted that we are further strengthening our position in Scotland with these new projects, which build on our delivery experience here in Scotland, as well as internationally.”
Moreover, the Arven project is not the first project where the two companies join together.
Indeed, Mainstream and Ocean Winds are part of the KF Wind joint venture in South Korea. Mainstream is also part of a consortium that will participate in the next round of floating wind turbine leasing in Utsira, Norway. Ocean Winds, on the other hand, was involved in the Moray East project, the largest offshore wind farm in Scotland.
