Vårgrønn and Energia Group Join Forces to Develop 1.8 GW Offshore Wind Projects in Ireland

Vårgrønn and Energia Group Join Forces to Develop 1.8 GW Offshore Wind Projects in Ireland

(IN BRIEF) Offshore wind company Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, has partnered with Energia Group to co-develop offshore wind projects in Ireland. The partnership aims to deliver a total capacity of up to 1.8 GW by 2030, focusing initially on two sites in the Northern Celtic Sea and the Southern Irish Sea with a capacity of up to 900 MW each. This move allows Plenitude to expand its activities into the Irish offshore wind market and aligns with its goal to reach 15 GW of installed renewable capacity worldwide by 2030.

(PRESS RELEASE) MILAN, 2-Aug-2023 — /EuropaWire/ — Offshore wind company Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, and the Irish renewable-focused integrated utility Energia Group, announce a partnership to co-develop offshore wind projects in Ireland with a potential to deliver total capacity up to 1.8 GW by 2030.

The partnership will initially focus on the development of two sites, located in the Northern Celtic Sea and the Southern Irish Sea respectively, with a capacity of up to 900 MW each, that will allow Plenitude, through Vårgrønn, to expand its activities into the Irish offshore wind market.

Stefano Goberti, CEO of Plenitude, said: “This agreement allows us to further consolidate Plenitude’s presence in a strategic sector as the wind offshore, thanks to new promising joint venture projects off the Irish coast. In line with Plenitude’s target to reach 15 GW installed renewable capacity worldwide within 2030, we confirm, through our share in Vårgrønn, the commitment in expanding our offshore wind pipeline in the Northern Europe”.

Plenitude is Eni’s Benefit Corporation (Società Benefit) integrating production from renewables, sale of energy services and a large network of electric vehicle charging points. The company’s objective is to reach over 7 GW installed capacity by 2026 and achieve net zero Scope 1, 2 and 3 CO2 emissions by 2040.

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SOURCE: ENI