Ireland: Bord Gáis Energy-Corio Generation offshore wind partnership

Bord Gáis Energy and Corio Generation join forces to explore opportunities to supply green electricity to the Irish market through offshore wind, supporting Ireland's climate targets.

Share:

Partenariat Éolien Offshore Irlande

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Bord Gáis Energy, in partnership with Corio Generation, a global offshore wind farm developer, is committed to entering the offshore wind market in Ireland. The collaboration aims to developIreland’s huge offshore wind potential, boosting energy security and contributing to the country’s climate objectives.

Sceirde Rocks wind farm development

Corio Generation is currently developing the 450 MW Sceirde Rocks wind farm off the west coast of Ireland. This project is in line with the government’s strategy to maximize the economic impact of renewable energies and guarantee a secure and balanced regional energy supply.

Committed to greener energy

Dave Kirwan, Managing Director of Bord Gáis Energy, emphasizes the importance of this collaboration:

“We believe that all energy can be green and that this can improve Ireland’s energy security. This partnership with Corio combines our expertise in power generation, Centrica’s financial backing and Corio’s global experience in developing offshore wind projects.”

Jonathan Cole, CEO of Corio Generation, adds that:

“Ireland, with its vast coastline and abundant natural resources, is perfectly placed to develop its offshore wind capacity. This partnership will enable us to play a major role in Ireland’s energy transition.”

The Irish government’s ambitious targets

The Irish government has set itself the target of generating 80% of its electricity from renewable sources by 2030, including 5 GW from offshore wind. In March 2024, the Department of Energy, Climate and Communications publishedIreland ‘s first offshore wind industrial strategy, aimed at developing a robust supply chain to support wind projects in Ireland and overseas.

Long-term strategy for offshore wind power

In May 2024, two further documents were published: a futuristic framework outlining Ireland’s long-term approach to the growth of offshore wind generation, and a publication on potential development areas off Ireland’s south coast with a view to an auction planned for late 2024. Bord Gáis Energy and Corio will continue to evaluate emerging opportunities in the Irish offshore wind sector.
This strategic partnership between Bord Gáis Energy and Corio Generation marks a crucial step in the development of offshore wind power in Ireland. By combining expertise and resources, the two companies are well positioned to make a significant contribution to Ireland’s energy transition, while supporting the country’s ambitious climate targets.

CWP Energy and KfW IPEX-Bank have finalised a £400mn ($494mn) financing agreement for the Sanquhar II onshore wind farm, marking a strategic milestone in UK energy investments.
Nordex Group will deliver seven turbines for two wind farms commissioned by SSE in Aragón, strengthening their partnership and reinforcing the industrial supply chain in Spain.
German manufacturer Nordex has signed three orders with DenkerWulf for 25 onshore wind turbines, with a total capacity of 122.7 MW to be installed between 2027 and 2028 in northern Germany.
RWE won two projects totalling 21.6 MW in the latest onshore wind tender by the CRE, strengthening its presence in Oise and Morbihan and consolidating its investments in France.
Danish group Cadeler has signed two contracts for the transport and installation of offshore wind turbine foundations and units worth a combined €500mn, subject to a final investment decision by the client.
Shell withdraws from two floating wind projects in Scotland, reinforcing capital discipline in favour of faster-return activities. ScottishPower takes over MarramWind while CampionWind is returned to Crown Estate Scotland for reallocation.
J-POWER will take over Mitsubishi Heavy Industries’ domestic onshore wind maintenance operations under a deal set to strengthen its local market position by spring 2026.
The consortium brings together Air Liquide, RTE, Nexans, ITP Interpipe and CentraleSupélec to develop a demonstrator for offshore electricity transport using superconducting cables cooled with liquid nitrogen.
Developer Q ENERGY has inaugurated a seventh wind farm in Biesles, Haute-Marne, with Velto Renewables acquiring a 50% ownership stake.
French start-up Wind fisher unveils a pioneering airborne wind system capable of producing twice as much electricity as a ground-based turbine by tapping into powerful winds above 300 metres.
The Canadian energy producer led the tenth wind tender launched by the CRE, with two projects representing 13% of the allocated capacity, strengthening its strategic position in the French market.
The European Commission has selected BW Ideol’s Fos3F project for a grant of up to €74mn, targeting the construction of a concrete floater plant for floating wind turbines at the industrial site of Fos-sur-Mer.
Canadian company Boralex reported a net loss of CAD30mn in the third quarter, impacted by lower electricity prices in France and adverse weather conditions in North America.
Energiekontor has closed financing for three new wind farms in Germany, strengthening its project portfolio and reaching a historic construction milestone in the 2025 fiscal year.
RWE has finalised installation of all 44 foundations at the Nordseecluster A offshore site in the North Sea, a key milestone before planned maintenance activities leading up to 2027 on this 660-megawatt project.
A pilot project backed by the state aims to modernise electricity transport between offshore wind farms and the mainland grid using superconducting cables cooled with liquid nitrogen.
The Danish wind turbine manufacturer doubled its net profit in the third quarter despite complex market conditions, supported by increased onshore deliveries and order growth.
Danish offshore wind giant Ørsted reported a net loss of 1.7 billion kroner in the third quarter, despite a $9.4 billion recapitalisation aimed at strengthening its balance sheet and stabilising operations.
Norway's energy regulator has rejected an application to build a wind farm in the northern Finnmark region due to potential environmental impacts and threats to Indigenous Sami culture.
Danish Ørsted has signed an agreement with Apollo to sell a 50% stake in its Hornsea 3 offshore wind farm in the UK, in a strategic transaction valued at approximately DKK 39 billion ($5.43bn).

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.