Flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have secured offshore planning approval for their Green Volt floating offshore wind project (United Kingdom). It will include will include up to 35 floating wind turbines, providing up to 560 MW of renewable energy capacity. As part of Crown Estate Scotland’s Innovation and Targeted Oil & Gas (INTOG) leasing round, the project will deliver renewable electricity to oil and gas platforms, replacing existing natural gas and diesel power generation. Green Volt will also provide electricity to the UK grid. Green Volt is 50% owned by Flotation Energy and 50% by Vårgrønn.
In November 2023, Vårgrønn and Flotation Energy signed exclusivity agreements to develop the Green Volt floating offshore wind project and the 1.4 GW Cenos floating offshore wind project under Crown Estate Scotland’s INTOG leasing round.
Scotland targets 11 GW of offshore wind capacity by 2030. At the national level, the United Kingdom aims to reach 50 GW of installed offshore wind capacity by 2030 (13.8 GW as of end 2022). Scotland also has a 2045 net-zero target.
Interested in Power Plants?
Enerdata has developed a market research service to screen, monitor and analyse the development of power generation assets.
Power Plant Tracker offers an interactive database and a powerful search engine covering power plants worldwide – including both installed and planned capacities for renewables and fossil fuels.