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Posts on ‘November 19th, 2021’

Shell buys 51% stake in Irish floating offshore wind project

RTE

Shell buys 51% stake in Irish floating offshore wind project

Updated / Thursday, 18 Nov 2021 15:38 Royal Dutch Shell said today it had acquired a 51% stake in an floating wind project off the west coast of Ireland aiming to develop up to 1.35 gigawatt in electricity capacity.

Shell bought the stake in the Western Star venture from Irish developer Simply Blue Group for an undisclosed sum.

Floating offshore wind technology is still in its infancy but has the potential to unlock vast power resources in deep waters.

The Western Star Project will be located at least 35km off the west coast of Co Clare and will have a total capacity of 1.35 GW, enough to power 1,145,000 homes in Ireland.

The floating technology proposed for this project will allow the turbines to be located far from shore and in waters over 100m deep. read more

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