- Published: 09 November 2022 09 November 2022
Source Energie and Galileo have entered into a long-term joint development venture, named Source Galileo, with a plan to develop over 5 GW of offshore and onshore renewable energy and storage projects in Ireland, Norway, and the UK.
On the offshore side of the business, development activities have been underway since early 2021 on several maritime areas capable of hosting offshore wind projects located in Irish, Norwegian and UK waters. The offshore projects foresee to deploy both fixed and floating foundations. The size of projects in the pipeline is slated to be between 500MW and 2,000MW of capacity. On the onshore side of the joint venture, an initial pipeline of solar PV and storage projects of approximately 1,000MW has already been established across the UK.
The Source Galileo team currently consists of 15 business development professionals.