Orsted Signs Deal With Utility ESB to Develop Irish Offshore Wind Portfolio
By Dominic Chopping
Orsted said Friday that it has signed an agreement with Irish
utility ESB to jointly develop an Irish offshore wind
Under the deal, the Danish renewable-energy company becomes a
50/50 partner in a pipeline of offshore wind development projects
off the Irish coast, which have the potential to deliver up to five
gigawatts of renewable energy and complementary renewable hydrogen
The partnership also encompasses an agreement to explore
opportunities from renewable hydrogen produced from the projects in
the longer term, it said.
The Irish government has a 2030 target of installing seven
gigawatts of offshore wind.
Write to Dominic Chopping at firstname.lastname@example.org
(END) Dow Jones Newswires
June 02, 2023 07:30 ET (11:30 GMT)
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