Source Galileo has signed a non-exclusive memorandum of understanding with Portland Port on the south coast of England to work together to maximise opportunities for offshore wind development
Source Galileo is developing an early stage offshore wind project, PortWind, off the south coast of England. The company has an established track record and a portfolio including the PortWind project off the coast of Dorset.
Ingka Investments, the investment arm of Ingka Group, the largest IKEA retailer, has a 20% stake in Source Galileo’s UK offshore wind projects, including the PortWind project.
The project has a target installed capacity of circa 2 GW with the potential to deliver enough renewable energy to help power more than 3M households annually and contribute to energy security in the southwest of England.
The PortWind project has secured a 2.5-GW grid connection into the Chickerell 400-kV substation near Weymouth, which includes provision for a 350-MW battery energy storage system. The project, which is at an early stage of development, plans to bring significant investment, training and employment opportunities to Dorset and is subject to a future leasing round by The Crown Estate.
Portland Port has a history of servicing the offshore wind sector and is in discussions with potential partners to enable and support the construction and operation of offshore wind developments in the English Channel. With significant deep-water berths and quayside space, Portland Port has the capacity and capability to host construction and operational headquarters, as well as support accommodation and transport solutions.
Offshore wind and port infrastructure are key components of Dorset’s Clean Energy Super Cluster, which seeks to drive economic transformation to power the future and open up new opportunities for training and employment for local communities.
The cluster is a response to align with and help deliver the UK government’s Industrial Strategy to boost economic growth, stimulate UK supply chain development, improve energy security and resilience in the UK.
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