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Orsted and ESB sign agreement to develop Irish offshore wind

Reuters
Updated ·1-min read
FILE PHOTO: General view of the Walney Extension offshore wind farm operated by Orsted off the coast of Blackpool

COPENHAGEN (Reuters) - Denmark's Orsted and Irish utility ESB on Thursday signed an agreement to jointly develop an Irish offshore wind portfolio, the Danish wind energy group said in a statement.

Orsted will become a 50% partner in a series of offshore wind development projects off Ireland's coast, the company said.

The partnership has the potential to deliver up to five gigawatts (GW) of renewable energy and complementary renewable hydrogen projects, it added.

The Irish Government aims to generate 80% of the country's electricity from renewable sources, including to reach 5 GW offshore wind by 2030, the Irish minister for enterprise, trade and employment, Simon Coveney, was quoted as saying.

(Reporting by Louise Breusch Rasmussen, editing by Terje Solsvik)