Australia: Novocastrian Wind granted licence for 2 GW offshore wind project

The Australian government has finalised the granting of a feasibility licence to Novocastrian Wind Pty Ltd for a 2 GW offshore wind project in the Pacific Ocean, off the coast of the Hunter region in New South Wales. This decision follows a preliminary offer made last year for the project, which is being developed through a partnership between Equinor and Oceanex Energy. The project has now reached an important milestone in its path towards a detailed feasibility assessment, which could last up to seven years.