OSLO, Norway, Jan. 20, 2022 /PRNewswire/ -- Aker Offshore Wind
remains committed to its strategy and to developing its
international project portfolio following the ScotWind leasing
round where the company did not secure any project licenses.
"We are of course disappointed at the outcome of the ScotWind
process, but remain ardent believers in the potential of floating
offshore wind and Aker Offshore Wind's technology and system
capabilities to industrialize this segment. Aker Offshore Wind is
an integral part of the future we see unfolding, where hybrid
deliveries are a key differentiating factor for Aker Horizons as a
planet-positive group," said Kristian Røkke, Chairman of Aker
Offshore Wind and Chief Executive Officer of Aker Horizons.
Aker Offshore Wind brings together proven offshore technology
and capabilities, a strong organization, and a promising portfolio
of projects. The company expects to see its pipeline mature across
several markets during 2022:
- In South Korea, the company's
consortium with Ocean Winds has secured exclusive rights from the
city of Ulsan to explore the development of three offshore areas
for up to 1.2 GW, progressing the projects toward the first FID as
early as 2024-25. The South Korean projects are anticipated to be
among the first large-scale floating wind farms globally.
- In Norway, the company has
formed partnerships for bottom fixed with global energy major bp
and Statkraft, Europe's largest
renewable energy producer, and with Statkraft and Ocean Winds for
floating wind ahead of the licence processes that are expected to
commence later in 2022.
- Aker Offshore Wind and its partners are undertaking
environmental impact assessments for offshore sites in Sweden and on the US West Coast, where the
company is preparing for a lease sale auction in September 2022.
- In Japan, plans for Aker
Offshore Wind and Mainstream Renewable Power to acquire an initial
50 percent stake in Progression Energy's 800 MW floating offshore
project are progressing according to schedule, and the transaction
is expected to be closed in the near term.
- Aker Offshore Wind remains committed to developing offshore
floating wind in the UK, where future opportunities include plans
for floating wind in the Celtic Sea and the INTOG leasing process
to help decarbonise Scotland's oil
and gas sector.
The company is the largest shareholder in Principle Power, which
has one of the few field-proven floating concepts in the industry
and has its technology deployed in the commercial scale Kincardine
project offshore Aberdeen - the
largest floating windfarm currently in operation. Aker Offshore
Wind and the wider Aker group work closely with Principle Power to
accelerate the floating wind market through technology
development.
Aker Horizons remains fully committed to supporting Aker
Offshore Wind as a long-term owner and will ensure that the company
has access to sufficient funding to maintain its operations and
pursue its development program. The company is currently not
planning a capital increase.
"Despite the disappointment, we are confident that our
capabilities, organization and partnerships will contribute to
accelerating the deployment of commercial scale floating wind
around the world. We will encourage cooperation among key players
in the industry to ensure the prospect of there being GWs of
floating windfarms in operation prior to 2030 becomes a reality,"
said Philippe Kavafyan, Chief
Executive Officer of Aker Offshore Wind.
For further information, please contact:
Maria Lanza Knudsen, media
contact, +47 48 44 24 26,
maria.knudsen@akeroffshorewind.com
Christian Yggeseth, investor contact, +47 915 10 000,
christian.yggeseth@akerhorizons.com
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SOURCE Aker Offshore Wind AS