ENEOS Renewable Energy Acquires 20% Interest in the GoliatVIND Project

(Image credit: Odfjell Oceanwind)
The leading Japanese renewable energy company, ENEOS Renewable Energy (ERE), has become a partner in the GoliatVIND project with a 20% interest, by acquiring a 20% shareholding in the project from Odfjell Oceanwind. With an aim of establishing renewable energy as Japan’s main source of power to achieve the country’s 2050 carbon neutral goal, ERE is the renewable arm of the Japanese energy giant ENEOS Holdings, Inc (formerly JXTG Holdings, Inc.). ERE develops diversified renewable energy sources, including solar, onshore and offshore wind, biomass, and hydropower. The new partnership on GoliatVIND is Source Galileo Norge (40%), Odfjell Oceanwind (20%), Kansai Electric Power (20%) and ERE (20%).

GoliatVIND is a 75 MW (5 x 15MW) demonstration project for floating offshore wind with grid connection via the Goliat FPSO to the Hammerfest region and with onshore grid reservation in place with Statnett and Lucerna. The project is located at 400 meters water depth on the border between the northern Norwegian Sea and the Barents Sea, has selected Odfjell Oceanwind’s Deepsea Star™ semisubmersible foundation technology and will use a supply chain matured by Odfjell Oceanwind over several years. GoliatVIND received a grant of NOK 2 billion (USD 185 million) from the Norwegian state enterprise ENOVA SF earlier this year, under a program aiming at demonstrating and reducing costs of floating offshore wind.

“We are pleased to welcome ERE as a key partner in the GoliatVIND project,” CEO of Odfjell Oceanwind Per Lund says. “Adding ERE to the partnership further strengthens our capabilities to develop and realize the project. We are particularly honored that another Japanese company has chosen to invest into one of our projects, following the Kansai Electric Power and M.O.L’s investments during the last year. ERE is another high quality, global and industrial company which complements our existing partner base and further demonstrates the relevance of our projects and capabilities in the global floating offshore wind market.”

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