Castle Wind Floating Wind Project is a 1,000MW offshore wind power project. It is planned in Morro Bay, California, the US. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2030.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Offshore | 1,000 | – | 1,000 | Permitting | California, the US | Castle Wind |
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Description
The project is being developed by Castle Wind. EnBW North America and Trident Winds are currently owning the project.
The project is expected to supply enough clean energy to power 300,000 households. The project cost is expected to be around $4,828m. The project will be spread over an area of 144km². The turbines will be mounted on a floating semi-submersible foundation.
The wind power project consists of 100 turbines.
Development Status
Post completion of the construction, the project is expected to get commissioned in 2030.
Power Purchase Agreement
The power generated from the project will be sold to Monterey Bay Community Power under a power purchase agreement. The offtake capacity is expected to be 1,000MW.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
