Norwegian power company Statkraft and Airvolution Clean Energy have formed an onshore wind development partnership to build a project pipeline of 300 MW investable project opportunities for Scotland.
Airvolution will work exclusively on behalf of Statkraft to identify, explore and bring forward opportunities to secure development rights for projects in Scotland.
Earlier this year, Statkraft completed construction of its Andershaw wind farm, an 11-turbine, 36.3MW project in South Lanarkshire.
London-based Airvolution is a wholly-owned subsidiary of Ireland’s power utility ESB and also collaborates with a UK-wide estate agency to acquire development sites.
David Flood, Managing Director, Statkraft UK, said: “We believe in the fundamental requirement of the UK for significantly increased deployment in onshore wind over the coming decade, based on its position as the most cost-effective technology to achieve the UK’s energy and climate goals.
“As a consequence, Statkraft will significantly grow its onshore wind portfolio, focussing on Scotland and Wales, via acquisition of mature projects and via partnering on new development projects and portfolios.
“Our focus on Scotland demonstrates our belief in the fundamental attractiveness of the onshore wind industry in Scotland, and its ability to deliver low-cost, low carbon generation while contributing substantially to the Scottish economy.
“As we have demonstrated on projects such as our recently completed Andershaw wind farm, next generation turbine technology can facilitate further cost reductions, and increased tip heights will play a critical role in this.”
16 Oct 2017