Novocastrian Offshore Wind Farm is a 2,000MW offshore wind power project. It is planned in Tasman Sea, New South Wales, Australia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2028 and is expected to enter into commercial operation in 2031. Buy the profile here.
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Description
The project is being developed and currently owned by Equinor and Oceanex Energy. The owners have 50% stake in the project respectively.
The project is expected to supply enough clean energy to power 1,000,000 households. The project will be spread over an area of 499km². The turbines will be mounted on floating type foundations.
Development status
The project construction is expected to commence from 2028. Subsequent to that it will enter into commercial operation by 2031.
For more details on Novocastrian Offshore Wind Farm, buy the profile here.
About Equinor
Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. It explores for, develops, and produces hydrocarbons. It operates refineries, processing plants, storage and terminals, and has interests in various oil and gas pipelines. The company markets, trades, and transports crude oil, condensate, natural gas, natural gas liquids, and refined products. It also has presence in solar farm, offshore wind, carbon capture and storage and hydrogen projects with focus on renewable energy and low carbon solutions. Equinor has major operations on the Norwegian continental shelf. It has operations in Europe, North and South America, Africa and Asia-Pacific regions. Equinor is headquartered in Stavanger, Norway.
About Oceanex Energy
Oceanex Energy Pty Ltd (Oceanex Energy) is a renewable energy company. The company provides development and construction services for offshore wind farms. It undertakes various pre-feasibility works including environment and planning study, wind resource assessment study, grid system capacity and availability study, floating foundation assessment study, and initial port facility studies, among others. Oceanex Energy projects facilitate the generation of electricity and transmission to the existing grid connection points. The company operates projects off the coast of Australia and New Zealand. It operates with additional offices in Sydney, Wollongong, and Newcastle, Australia. Oceanex Energy is headquartered in Melbourne, Victoria, Australia.
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This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.
