Ocean Winds has teamed with Bord na Móna, an Irish company, to construct offshore wind projects in Ireland. In accordance with the long-term collaboration, the two companies intend to jointly own, identify, and develop offshore opportunities along the Irish coast. The partners’ initial focus will be on Réalt na Mara, a projected wind farm off the coasts of Dublin and Wicklow, and Celtic Horizon, a planned facility off the coasts of Wexford and Waterford. 

According to Ocean Wind, the projects could generate up to 2.3 GW of clean electricity, which, by 2030, would be sufficient to power up to 2.1 million households. The partnership will also strive to promote the Irish government’s goal to install 7 GW of offshore wind capacity by 2030.

Earlier this month, Mainstream Renewable Power and Ocean Winds signed a seabed lease agreement with Crown Estate Scotland to construct a floating offshore wind farm. Crown Estate Scotland chose the two companies as the preferred bidders for developing the 1.8 GW project offshore from the Shetland Islands earlier this year. The partners would be required to pay the option price as the successful bidders under the lease agreement valued at $40.4 million inked with Crown Estate Scotland.

REGlobal’s Views: The current offshore wind project will help Ireland to improve its energy security and reduce its dependence on fossil fuels. This project will help the country to reach its 2030 goal of offshore wind power deployment.