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March 29, 2021

Subsea 7 and Simply Blue Energy to develop floating wind farm

Luxembourg-based subsea engineering company Subsea 7 has entered a joint venture with Irish marine developer Simply Blue Energy to develop a floating wind farm.

By Umesh Ellichipuram

Luxembourg-based subsea engineering company Subsea 7 has entered a joint venture with Irish marine developer Simply Blue Energy to develop a floating wind farm.

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Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
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Located off the north-east coast of Scotland, the 200MW Salamander wind farm concept is a pre-commercial project.

Simply Blue Energy will offer its experience in floating wind developments in the Celtic Sea, while Subsea 7 will provide its expertise in delivering offshore energy projects in Scotland.

Subsea 7 CEO John Evans said: “Subsea 7 believes that floating wind has an important role to play in the energy transition and a low carbon future.  We look forward to working with Simply Blue Energy on this exciting project.”

A strategic investor will be sought to support the project execution as the concept develops.

In January, Shell acquired a majority stake in Simply Blue Energy’s joint venture, Kinsale.

The company signed an agreement with Simply Blue Energy to acquire a 51% stake in Kinsale. The joint venture company develops the Emerald Project, a floating offshore wind farm in the Celtic Sea off the coast of Ireland.

The Emerald Project will be developed near Kinsale gas fields. It will use advanced renewable floating wind-powered generators to initially generate 300MW.

The company said it could scale this up to 1GW, which would power 800,000 Irish homes.

The first phase of the project will use between 15 and 25 turbines, depending on the size of the turbines selected. These will lie between 35km and 60km offshore to reduce the turbines’ visual impact.

In 2019, Subsea 7’s renewables and heavy lifting business unit, Seaway 7, won a contract for the installation of the inner array grid cable system of the Hornsea Two offshore wind farm in the North Sea.

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Free Report
img

Delve into the renewable energy prospects for Morocco

In its new low greenhouse gas (GHG) emission strategy to 2050, submitted to the United Nations (UN), the Ministry of Energy Transition and Sustainable Development (MEM) of Morocco suggested to raise the share of renewable capacity in the country’s total power installed capacity mix to 80%.   Morocco currently aims to increase the share of renewables in total power capacity to 52% by 2030. The new strategy plans to increase the share of renewable capacity to 70% by 2040 and 80% by 2050.  GlobalData’s expert analysis delves into the current state and potential growth of the renewable energy market in Morocco. We cover: 
  • The 2020 target compared to what was achieved 
  • The 2030 target and current progress 
  • Energy strategy to 2050 
  • Green hydrogen 
  • Predictions for the way forward  
Download the full report to align your strategies for success and get ahead of the competition.   
by GlobalData
Enter your details here to receive your free Report.

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