Scotland’s biggest offshore wind farm is to go ahead, backed by French oil leviathan Total.
SSE Renewables yesterday reached financial close on the 1GW Seagreen 1 project in the Firth of Forth. Total will take a 51 per cent stake, shouldering part of the £3bn build cost. Over 100 turbines are due to generate by 2023.
Some 70 per cent of the project’s revenues are guaranteed. In September 2019 SSE Renewables won a 15-year CfD for 40 per cent of Seagreen 1’s output. A further 30 per cent is contracted for onward sale by the developer’s parent SSE.
UK build content will be maximised. MHI Vestas on the Isle of Wight will make the 10MW turbines’ blades, and Aberdeen-based contractor Petrofac will deliver the project’s onshore and offshore substations.
In February 2019 Total bid with Orsted for a 600MW wind project off Dunkirk. This year the French firm committed to a 96MW floating offshore wind farm project in the Celtic Sea.
SSE Renewables has already begun onshore construction of the world’s biggest offshore farm, the 3.6GW Dogger Bank development in the North Sea, in partnership with Norway’s Equinor.