France-based oil and gas company TotalEnergies has announced that it has joined the Castle Wind joint venture (JV) in the US along with Trident Winds.
Castle Wind was formed to create a floating offshore wind farm, with a proposed capacity of 1GW, to deliver renewable energy to the state of California.
TotalEnergies entered the JV after purchasing shares that were previously held by EnBW North America.
The JV aims to build the floating offshore wind facility offshore from Morro Bay, off the Central California Coast.
TotalEnergies US Offshore Wind head David Foulon said: “TotalEnergies is pleased to bring our global expertise in deploying efficient, large-scale offshore assets to Castle Wind in California.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataSee Also:
“The work completed by the teams in the last years has laid a solid foundation with the local communities, and we look forward to working with them to bring clean energy to the state.
“This partnership in Castle Wind is another important step for TotalEnergies to contribute to the US offshore wind industry ramp-up and fulfil its global ambition of becoming a top-five producer of renewable energy worldwide by 2030.”
Castle Wind intends to participate in the US Bureau of Ocean Energy Management’s (BOEM) anticipated lease sale later this year.
Castle Wind CEO Alla Weinstein said: “Castle Wind welcomes TotalEnergies with its deep commitment to renewable energy to the joint venture and the project team.
“TotalEnergies’ experience and expertise, with over 10GW of offshore wind projects under development, will be invaluable as we work towards making offshore wind a reality in California.”
In a separate development, TotalEnergies has stated that it will no longer provide capital for new projects in Russia as a response to Russia’s invasion of Ukraine.
Reuters reported that the company ‘supports the scope and strength of the sanctions put in place by Europe and will implement them regardless of the consequences’.
