Wind Energy – Shell
Cork offshore wind energy developer the Simply Blue Group said it is progressing plans towards a new partnership for major wind farms off the Cork and Clare coasts following the announcement by Shell that it was leaving the projects.
Last year, the oil giant entered an agreement with Simply Blue for a 51% share in its Emerald and Western Star offshore wind projects, which aim to develop up to 2.35gw of wind energy. The agreement was to see both companies co-develop the projects.
At the time the companies said the partnership would combine the local knowledge of Simply Blue with Shell’s offshore experience and ability to develop large complex projects.
However, the companies have confirmed they have parted ways wishing each other success. The move away from the Western Star and Emerald offshore wind projects is “a portfolio decision for Shell,” according to a joint statement.