Moray Offshore Windfarm (East) Ltd, or ‘Moray East’ as it is known, the 950-MW offshore windfarm in the Outer Moray Firth has reached financial close.
With financing for the £2.6Bn (US$3.3Bn) project agreed, the Moray Offshore Windfarm (East) Limited (MOWEL) consortium, currently owned by EDPR (43.3%), Diamond Green Limited, which is partly owned by DGE (33.4%) and Engie (23.3%), recently announced that Port of Cromarty Firth will be used as the project’s intermediate port during construction, and in the long term, that Fraserburgh will be the operations and maintenance base for the lifetime of the project.
It has also been confirmed that MHI Vestas will supply 100 V164-9.5 MW turbines for the project, the turbine company’s largest deal in MW terms to-date. The deal awarded to the company includes a 15-year service agreement.
Royal Boskalis Westminster has secured the contract for supplying and installing the inter-array cables for Moray East having signed a preferred bidder agreement in 2017. The project scope includes the design, supply, installation and burial, termination and testing of 102 66-kV inter-array cables.
In late November 2018, EDPR and partners announced the MOWEL consortium had successfully secured financing for constructing the offshore windfarm.
In September 2017, MOWEL was awarded a 15-year contract for difference by the UK’s Department for Business, Energy & Industrial Strategy at £57.5/MWh (2012 tariff-based). The windfarm is expected to be operational by 2022.
The Offshore Wind Journal Conference in London 5 February 2019 will address key issues including global market developments, increasing turbine sizes, floating offshore wind and industry regulations.