The article was first published by New Energy Update
Germany’s ENBW has entered the North American offshore wind market by joining Trident Wind’s project to build up to 1 GW of floating wind capacity off the coast of central California. ENBW has created a regional subsidiary, EnBW North America, and formed a joint venture with Trident Wind to advance the proposed 650 to 1,000 MW Morro Bay offshore wind project.
“The initial focus of the joint venture is to obtain the site lease from the Bureau of Ocean Energy Management [BOEM] and on securing the grid connection which became available following the shutdown of the Morro Bay power plant,” ENBW said in a statement June 11.
ENBW is already active in the European offshore wind market and recently won its first Asian project in Taiwan. In April 2017, ENBW and Denmark’s DONG Energy became the first offshore wind power developers to acquire concessions at unsubsidized prices, bidding prices of zero euros per MWh to build wind farms in German waters.
Floating wind technology represents the future of offshore wind, according to ENBW. The group sees California as a key growth market for offshore wind, citing its “strong economy, continuously growing energy demand, ambitious renewable energy, and climate goals.”
Tech groups join forces to improve renewables PPA regulation
Leading global technology companies have become steering group members of Europe’s RE-Source Platform, which pools resources to accelerate regulatory changes to accommodate corporate wind and solar energy contracts.
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