Equinor to explore offshore wind development in Spain
Equinor and Naturgy partner up and enter a development agreement prior to Spain’s first upcoming offshore wind auction off the coast of the Canary Islands.
The Spanish government aims to transform its energy mix and plans to develop up to 3 GW offshore wind by 2030. The first Spanish offshore wind auction is expected to be in the Canary region in 2023 and here Equinor and Naturgy are jointly assessing the opportunity to develop and construct a floating offshore wind project.
The cooperation is in line with the two companies’ joint ambition of utilizing their complementary capabilities to develop renewables in Spain, starting with commercial floating find projects. With more than 90% of the Spanish offshore wind areas being deep waters, Spain has an exciting opportunity to spearhead the next wave of floating offshore wind in Europe.
The Spanish energy company will contribute with its experience from onshore wind in Spain and Equinor with its proven capabilities in floating offshore wind technology and development.
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