Skip to Content
Global News Select

Shell Enters Into Deal to Develop Up to 1.35GW of Floating Wind Offshore Ireland

By Jaime Llinares Taboada

 

Royal Dutch Shell PLC said Thursday that it has signed a deal with renewable energy company Simply Blue Group to develop a floating wind farm off the coast of Ireland.

The oil-and-gas company will take a 51% stake in Simply Blue's Western Star venture, which will seek to build up to 1.35 gigawatts of power generation capacity, including 300-450 megawatts in the first phase.

"Floating wind technology can be installed in deeper waters than fixed wind turbines allowing this project to be placed 35km-60km offshore, keeping visual impact to a minimum," Shell said.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

November 18, 2021 10:00 ET (15:00 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.