Welsh renewables developer Hiraeth Energy has inked a deal with Norway’s Magnora Offshore Wind (MOW) to jointly build floating wind power projects in the Celtic Sea, the latest in a growing number of tie-ups looking to capitalise on the UK’s efforts to underpin development of an offshore play targeted for some 4GW of plant in the coming decades.
The ‘heads of terms’ agreement between the pair clears the way for their planned construction of the Môr Glas and Môr Gwyrdd projects, which together could represent 700MW of power production.
