<p>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 wind 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.</p><p>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.</p><p>“We are very pleased with the agreement reached with the Norwegian energy company Equinor, because it allows us to promote the commitment to renewables, contributing with our experience in the development, construction and operation of onshore wind energy, as well as extensive knowledge of the Spanish market," says Jorge Barredo, managing director of Renewables, New Businesses and Innovation in Naturgy.</p><p>Spain plays a key role in the supply chain for offshore wind in the rest of Europe and Equinor has a long history of working together with the Spanish offshore supply industry. Key components like floating substructure, the tower, and the mooring at Equinor’s Hywind Scotland floating wind farm were produced in Spain.</p>
<p>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 wind 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.</p><p>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.</p><p>“We are very pleased with the agreement reached with the Norwegian energy company Equinor, because it allows us to promote the commitment to renewables, contributing with our experience in the development, construction and operation of onshore wind energy, as well as extensive knowledge of the Spanish market," says Jorge Barredo, managing director of Renewables, New Businesses and Innovation in Naturgy.</p><p>Spain plays a key role in the supply chain for offshore wind in the rest of Europe and Equinor has a long history of working together with the Spanish offshore supply industry. Key components like floating substructure, the tower, and the mooring at Equinor’s Hywind Scotland floating wind farm were produced in Spain.</p>