Japan's Eneos joins 75-MW Norwegian floating offshore wind project

Japan's Eneos Renewable Energy Corp (ERE) has entered into an agreement to acquire a 20% stake in the 75-MW GoliatVIND floating offshore wind farm project on the border between the northern Norwegian Sea and the Barents Sea.

ERE became the second Japanese investor attracted to the project. The interest is being sold by Norwegian floating offshore wind specialist Odfjell Oceanwind.

Following the deal, the remaining stake in GoliatVIND is now split among Source Galileo Norge with 40%, and Odfjell Oceanwind and Kansai Electric Power with 20% each.

GoliatVIND is a demonstration project for floating offshore wind located at 300 to 400 metres (1,312 ft) water depth. The station is planned to be equipped with five turbines of 15 MW each, placed 5-11km from the Goliat platform.

The project has a grid connection secured via the Goliat FPSO to the Hammerfest region and an onshore grid reservation in place with Statnett and Lucerna. It has selected Odfjell Oceanwind’s Deepsea Star semisubmersible foundation technology and will use a supply chain matured by the company over several years.

Once operational, it will produce 320 GWh of clean electricity annually. Its commissioning is targeted for 2028, depending on how the licensing process is laid out by the Ministry of Oil and Energy.

Earlier this year, GoliatVIND received a NOK-2-billion (USD 189m/EUR 170m) grant from the Norwegian state enterprise ENOVA SF.

ERE is the renewable energy arm of Japanese energy giant ENEOS Holdings Inc, formerly JXTG Holdings Inc. The company develops renewable energy sources, including solar, onshore and offshore wind, biomass and hydropower.

(NOK 10 = USD 0.945/EUR 0.848)

Choose your newsletter by Renewables Now. Join for free!