Celtic Sea Power’s Post

🌍📊 Ardersier Port, owned by Haventus, has secured a £100 million joint credit facility from the UK Infrastructure Bank and the Scottish National Investment Bank. This follows a £300 million commitment from Quantum Capital Group in 2023. Located in Moray Firth, the port will support offshore wind projects with a new 650-meter quay wall and 450 acres for manufacturing and assembly. As Scotland's largest offshore wind port, it will significantly boost capacity for gigawatt-scale projects and create hundreds of jobs. This is the first project financed jointly by UKIB and the Scottish National Investment Bank, underscoring the port's strategic role in the renewables sector. #RenewableEnergy #OffshoreWind #Sustainability #NetZero #Infrastructure #Scotland #GreenEnergy #ArdersierPort 🚀📈

🌊⚡ Exciting Times for Offshore Wind and the Future of Clean Energy! This week, its been great to be in Aberdeen for RenewableUK Floating offshore wind 2024, diving further into the world of floating offshore wind. With us seeing Qualitek Engineering as part of the supply chain, we’re more committed than ever to playing a key role in the deployment of the wind farms and shaping the future of sustainable energy. With Green Volt now gaining its CFD, we’re hopeful that the test and demo projects in the Celtic Sea will follow soon, moving us closer to unlocking the potential of floating wind in the South West. With the auction for the deployment of 4.5 GW of floating wind power scheduled for early next year, and with the The Crown Estate ambitious vision for further expansion, the future is brighter than ever for offshore wind in the UK. It’s been great to have valuable conversations this week about collaborating with other companies to deliver on this shared goal. Collaboration across the industry is crucial in driving the innovation and infrastructure needed to bring these projects to life. But this isn’t just about powering homes and reducing carbon footprints – it’s about real economic impact. Floating offshore wind will bring a significant boost to local economies in Neath Port Talbot County Borough Council and Milford Haven, creating new job opportunities and supporting coastal communities. And with Associated British Ports Future Port Talbot plans now in motion, that growth starts now. We’re thrilled to be at the forefront of this energy revolution in South Wales, helping to secure a greener future while ensuring sustainable growth for communities across the UK. 🌍💼 #FLOW #Aberdeen #SupplyChain #LocalEconomy #RenewablesUK #Collaboration 

Positive vote: The Landau City Council has voted in favour of the land development plan ‘D12’, which forms the basis for the construction of Vulcan's integrated Geothermal and Lithium Plant in Landau. Vulcan’s Project will deliver numerous benefits for the citizens of Landau and the surrounding region, which were acknowledged in the City Council's positive decision. We are delighted with the City's support for our Project, which will deliver renewable heat and power,  jobs and services. It is a win-win for the Landau region. With last week's announcement of international strategic equity investments and this week's local approval of our Project, Vulcan is gaining votes of confidence at a global and local level. Vulcan is delivering Europe's green energy and mobility transition. Media release: https://bit.ly/3XkLFCw #delivering #RenewableEnergy #Sustainability #ZEROCARBON #LITHIUM™ #Project #Energytransition #Mobilitytransition #Geothermalenergy #ERLG #batteries #ElectricVehicles #Directlithiumextraction #CRMA #CriticalRawMaterialsAct

Swedish developer OX2 and Ingka Investments, the investment arm of Ingka Group, have secured a Natura 2000 permit from the County Administrative Board of Gotland for the Aurora offshore wind farm, located off the islands of Gotland and Öland in Sweden. “Aurora is a wind farm that can really make a real difference and act as a motor in the net zero transition in the southern parts of Sweden,” explained Emelie Zakrisson, Head of Development of Offshore Wind in Sweden, OX2. “Export cables from the farm are planned to go to the mainland but also directly to Gotland. The large-scale production from Aurora would facilitate for more local electricity production to be developed as well as hydrogen production to help decarbonize industry and heavy transports.” With the Natura 2000 permit, the County Administrative Board has agreed with other authorities that the wind farm can be realised without harming species worthy of protection, and is one of several permits required for the project development. The County Administrative Board will next have to propose to the government that the Aurora wind farm can be built according to the Act of Sweden’s exclusive economic zone. If project secures government approval, construction work can start by 2028 with a view to reaching production before 2030. Aurora will be located about 22 kilometers south of Gotland and more than 30 kilometer east of Öland in the Baltic Sea. According to OX2, the Aurora wind farm could produce up to 24 TWh if the entire area is constructed. OX2 added that the Baltic Sea is also an area of importance for the Swedish Armed Forces and with the help of sensors on the turbines the wind farm could assist with surveillance and control in the area. #cleanenergy

This is a great suite of investments in some important and growing #Cornish businesses including Tugdock, Penzance Dry Dock, A&P Group Limited. As well as R&D led by University of Plymouth. Very proud of the Cornwall & Isles of Scilly Good Growth Fund team at Cornwall Council for putting together an important package of projects across #Marine and Floating Offshore Wind #FLOW in #Cornwall. Great strategic intent and opportunity to create jobs in a growing sector. The Crown Estate has set out areas of sea where the first 4.5GW of FLOW will be deployed by 2035. This represents enough electricity to power more than three million homes, with a stated ambition for a further 12GW by 2045. It’s vital that we capture as much of the economic benefit of this opportunity as possible for #Cornwall by investing in infrastructure, innovation and the supply chain. Celtic Sea Power will also receive investment for sector development and to accelerate the deployment of FLOW which will also play a major role in decarbonisation.

🚨 Attention Investors! 🚨 Be cautious with Newfoundland's wind turbine projects. There's a significant resistance from the local population, which could impact the success and viability of these initiatives. Stay informed and consider all factors before investing. #Newfoundland #WindEnergy #InvestmentRisk #SustainableInvesting #nlpoli #cdnpoli ✅🌬️

“As we grow the cluster, the offer becomes even more compelling, as others want to be part of such a major hub, working together to create a really unique offering. We won’t become complacent. But, in some ways, it now sells itself.” In our latest issue we sat down with Martin Lawlor, chief executive of Port of Blyth, to discuss the maritime hub’s recent record financial results, which is in part due to its role in the clean energy drive that has been boosted by major contracts to mobilise some of the world’s largest wind farms. And while the port’s location certainly helps, what has really set it apart has been its exceptional reputation and customer service, with its offer becoming ever more appealing as the renewable energy cluster at the hub rapidly expands. And as the port grows, so too does its role in driving a landmark skills programme, including the soon-to-open Energy Central Learning Hub, with a commitment to train the next generation of renewables sector workers and ensure that the skills and jobs created stay in the North East. Read more from Martin about the port’s ambitious plans, as well as wider developments around the Blyth Estuary with the Energy Central UK initiative to regenerate and revitalise the area, as the vision of a new, post-coal economy is fast becoming a reality: https://lnkd.in/e5sdtMEx Northumberland County Council #NET #northeasttimes #PortofBlyth #RenewableEnergy #offshorewind #businessgrowth #blyth #northumberland #regeneration #drivingconversations #makingconnections

As a Recruiter, when you have open jobs in a location, you can get caught up just in the delivery of that specific resource over that recruitment process. It is great to take a step back and see the bigger picture in numbers and the wider positive impact SSE Renewables has on some of these locations. If you were not aware of what we are doing in Shetland, check out the post below ⏬ ⏬ ⏬ ⏬ #sserenewables #netzero #shetland

Is floating wind really happening? Yes, in scale in Scotland. Vårgrønn and Flotation Energy drive pioneering Green Volt floating wind forward, with HQ in Aberdeen and a clear voice in government’s investment summit: https://lnkd.in/dMhyBafn

Scotland’s green infrastructure future was the mighty theme for our #icaewScotland supper roundtable last week, bringing together representatives from the renewables sector alongside infrastructure investment banks, investors, and legal to share insights, challenges, and strategies to unlock the capital necessary for green investment.   Three quick takeaways from some of our conversations:   ▶ Grid reinforcement, supply chain build-out, and a clear policy roadmap are critical to closing Scotland’s green infrastructure gap and achieving decarbonisation targets.   ▶ The build out of technologies such as floating offshore wind, tidal turbines, and geothermal power could reduce reliance on fossil-fuel generation due to complementary generation profiles vis-à-vis solar and onshore wind.   ▶ Government-backed capital providers such as the National Wealth Fund and the Scottish National Investment Bank are key to catalysing scale deployment of innovative technologies.   Thank you to all who joined the discussion and participated in the roundtable, to David Bond for hosting, Riaz Karim for keeping us on track and prompting questions throughout the evening, and to David Petrie and colleagues in ICAEW’s Corporate Finance Faculty for their input to the success of the evening.   #renewables #infrastructure #investment