Nordic wind power developer Eolus and Irish firm Simply Blue Group have agreed to co-develop four commercial-scale offshore wind parks in the Baltic Sea.
Two of the projects will be developed in Sweden, while the remaining facilities will be located offshore from Finland.
To develop the offshore projects, Eolus and Simply Blue Group have created a joint venture company, SeaSapphire, which will be equally owned by each partner.
Eolus CEO Per Witalisson said: “The SeaSapphire projects will strengthen and diversify our offshore portfolio.
“Combining Eolus’ long experience of developing renewable projects and Simply Blue Group’s expertise within floating wind will allow us to build a strong and successful partnership.
“It provides great opportunities to add substantial green electricity production in the Nordics.”
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By GlobalDataThe two offshore wind projects in Sweden are Skidbladner, which will be built 100km south-east of Stockholm; and Herkules, located 60km south-east of the island of Gotland.
SeaSapphire will also develop the Wellamo wind park, located 90km outside the Satakunta Region in Finland, and a project in Finland’s Exclusive Economic Zone in the Baltic Sea.
The four projects are currently in development and will collectively have the capacity to generate up to 40TWh of clean energy a year.
Eolus and Simply Blue Group will primarily focus on supply chain development to create local jobs and explore possible alternative uses of produced energy.
Simply Blue Group CEO Sam Roch-Perks said: “This is a strong partnership between Simply Blue Group and Eolus, where our ambitions are similar, and our development experiences and competencies complement.
“Our Blue Economy approach will benefit coastal societies and stakeholders in terms of new jobs and engagements in activities that will make it possible to manage the sustainable energy transition in Finland and Sweden and reach the fossil-free targets.”