A significant milestone for Plenitude and our progress in the #energytransition. Green Volt, developed by Flotation Energy and Vårgrønn, a JV between Plenitude and HitecVision, is now the only floating project to secure the UK’s Contract for Difference, setting it on course to become the world’s largest floating offshore wind farm, underpinned by government’s support scheme, with a 560 MW capacity. This recognition highlights our dedication to achieving carbon neutrality and driving innovation in the renewable energy sector.
Vårgrønn is thrilled to announce that together with Flotation Energy, we have been awarded a UK Government Contract for Difference for our project Green Volt, the first commercial scale floating offshore wind project in Europe. What does Green Volt mean for the offshore wind industry and the UK? ▪ The project is a catalyst for the creation of a robust floating wind supply chain in the UK. It is an essential steppingstone from current small-scale projects to gigawatt-size developments. ▪ It represents an important leap towards the 5GW floating offshore wind target the UK has set for 2030. The benefits of Green Volt will be felt beyond the UK, being a catalyst for the development of floating wind elsewhere in Europe. https://lnkd.in/dUNwaGE4