OSLO, NORWAY: Mainstream Renewable Power and Ocean Winds, two global leaders in the renewable energy sector, have announced a partnership to develop a 2.3 GW floating offshore wind farm off the coast of Shetland, Scotland.

The project, named Arven, comprises two sites that were awarded to the partners as part of the ScotWind leasing process in 2022.

Arven will be one of the largest floating offshore wind farms in the world, harnessing the abundant wind resource in the region and contributing to the UK’s net zero ambition. The project will also create supply chain opportunities and jobs for Shetland and Scotland, as well as support the local community and the fishing industry.

The partners have a long history of collaboration, having developed offshore wind projects in South Korea and Norway. They will leverage their combined expertise and resources to maximise the potential of Arven, using their proprietary technology and solutions.

Adam Morrison, UK Country Manager for Ocean Winds, said: “The collaboration between Ocean Winds and Mainstream Renewable Power marks a significant milestone, combining our expertise and resources to develop our largest floating offshore wind farm to date. This experienced partnership will capitalise on delivery experience both in Scotland and internationally.”

Tove Røskaft, Head of Offshore Wind for Mainstream, said: “Arven offers a unique combination of scale, world-class wind resource and routes to market which enable it to deliver a range of compelling benefits for the good of Shetland, Scotland and the UK. Mainstream has a solid track record in Scotland and the UK, having successfully developed the Neart na Gaoithe and the Hornsea zone which is the world’s largest offshore wind farm in operation. This remains a core offshore wind market for Mainstream and we look forward, together with Ocean Winds, to continuing our engagements with Crown Estate Scotland and other key stakeholders.”