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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; @JaimeLlinaresT


(END) Dow Jones Newswires

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

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