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TEPCO Renewable Power’s subsidiary Flotation Energy (headquartered in Edinburgh, Scotland, UK) together with Vårgrønn (headquartered in Stavanger, Norway) have been awarded exclusivity by Crown Estate Scotland for areas to develop a total of up to 1910MW of floating offshore wind capacity across two projects.
The awards are made under Crown Estate Scotland’s Innovation and Targeted Oil and Gas (INTOG) round. The successful bid means that the Green Volt and CENOS wind farms could begin with the aim of commencing commercial operation in 2028 and 2030 respectively, through further studies and surveys.
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