ScotWind tender success

The offshore JV owned by EDPR (50%) and Engie (50%) was awarded exclusive rights to develop a bottom-fixed offshore wind project of around 1GW in block NE4, the Caledonia Offshore Wind farm and consideration is being given to using part of the output for green hydrogen production.

Caledonia’s 440km2 seabed area is adjacent to the existing Moray East and Moray West offshore projects, allowing Ocean Winds to leverage on the experience and synergies of developing, building and operating Caledonia in conjunction with Moray East and Moray West.

UK is among the largest offshore wind markets worldwide, having recently raised its offshore target to 40GW by 2030.

Miguel Stilwell d’Andrade, CEO of parent company EDP and EDP Renewables, explains: “The award of this project reinforces and consolidates our position as a key player in the UK, where we already have the adjacent Moray East and Moray West projects, favouring synergies between them and improving their efficiency. Our presence in the area for more than a decade has positioned it as a strategic market for the Group and we are firmly committed to continuing to pursue our investment roadmap to drive the energy transition”.

Ocean Winds continues to expand its presence and is fully committed to investing in Scotland, with Moray East 950MW, the largest offshore wind farm in Scotland, Moray West c. 0.9GW which is shovel-ready, and now Caledonia with around 1GW to be commissioned until the end of the decade, positioning Ocean Winds as a leader in the Scottish Offshore market and actively contributing with around 2.9GW to reach the UK 40GW target by 2030.

With this announcement, EDPR increases its growth options in offshore wind in an attractive market, thereby enhancing and diversifying the company’s long term profitable growth options while maintaining a balanced risk profile.

EDPR is a global leader in the renewable energy sector and the world’s fourth-largest renewable energy producer. With a sound development pipeline, first class assets, and market-leading operating capacity, EDPR has undergone exceptional development in recent years and is present in 26 international markets across Europe, Latin America, North America, and Asia.