Friday 9 December 2022

Mainstream Renewable Power ("Mainstream"), the global renewable energy company majority-owned by Aker Horizons, Ocean Winds and Statkraft have signed a memorandum of understanding (MoU) with Aker Solutions, in Norway to collaborate on offshore wind at Utsira Nord. Mainstream, Ocean Winds and Statkraft are in a consortium to pursue an application to develop floating wind power at the Utsira Nord license area in 2023.

The consortium and Aker Solutions will together develop sustainable and cost -efficient technologies which include design, construction, fabrication and installation initiatives and other innovative solutions and new technology to lower costs. The collaboration aims to further develop capabilities across the Norwegian supply chain and strengthen Norway's competitiveness in floating wind.

Combining Mainstream's offshore wind development experience and five decades of North Sea expertise in offshore development, execution, and marine operations as a member of the Aker group of companies, the experience of Ocean Winds in developing, building, and operating bottom-fixed and floating offshore winds farms globally, and Statkraft´s deep expertise in renewable energy development, operations and management, the consortium covers the full value chain from development to delivery of offshore clean energy to market.

Mainstream and Ocean Winds, the ENGIE and EDPR joint venture dedicated to offshore wind, are currently developing two projects with an estimated capacity of 3 GW of floating offshore wind in the United Kingdom and South Korea.

Statkraft and Mainstream have a separate and well-established partnership for the development of bottom-fixed offshore wind in Norway.

Aker Solutions is an integrated solutions, products and services provider to the global energy industry with expertise and execution capacity in Norway through its expansive yards, world class production line and its strong network of suppliers and subcontractors.

Utsira Nord, an area off the coast of Haugesund in western Norway, is known for having consistently strong winds. Offshore wind is a rapidly maturing renewable energy technology that is poised to play an important role in the future energy system and the partners are ready to pursue the possibilities in the Utsira Nord license area.