Global offshore wind developer enters round 3 market auction in Taiwan – EQ Mag Pro
Headquartered in Spain, BlueFloat Energy enters the Taiwan market with confidence and optimism in Taiwan’s determination to achieve energy transformation goals and Net-Zero emission targets by 2050.
With a focus on floating technology and an existing global portfolio of both bottom-fixed and floating offshore wind projects amounting to over 22 GW, BlueFloat Energy aspires to build a local offshore wind supply chain that would unlock Taiwan’s potential in this fast-growing industry.
Taipei, 24 May 2022 – Named after the strong winds blowing in the Hsinchu region every September, BlueFloat Energy’s first project in Taiwan is called “Winds of September.” The wind farm, with a planned capacity of over 1 GW is located 25 km off the coast of Hsinchu County and Hsinchu City in an area of around 125 km2 at around 70-80m water depth.
BlueFloat Energy is a nimble and fast-growing offshore wind developer shaping the global energy transformation by bringing scaled decarbonization solutions to new markets. Leveraging its unique expertise and hands-on experience in both bottom-fixed and floating offshore wind project development, the company is a pioneer in emerging offshore wind markets.
Under the leadership of BlueFloat Energy’s CEO, Carlos Martin, the skilled management of the incoming Country Manager Michael Pinkerton, and the professional support of experienced team members, BlueFloat Energy will bring its offshore wind expertise and global project development experience to meet the future market demand for offshore wind farm deployment in deep-water areas.
Carlos Martin, says: ” We try to think of bottom-fixed and floating offshore wind as parallel industries. We believe that floating wind farms have a number of important differences compared to bottom-fixed projects and that a successful floating wind project development strategy requires a very different approach and mindset.”
BlueFloat Energy is composed of a team of professionals from the offshore wind sector with hands-on experience in the development and execution of floating wind projects. Currently, BlueFloat Energy is developing projects in several geographies including, Australia, New Zealand, Colombia, Spain, Italy, UK and France. In Scotland, UK, we were awarded together with our partners Ørsted and Falck Renewables seabed leases in the recent Scotwind lease round for the deployment of three floating wind projects with a total capacity of up to 2.7 GW. Floating offshore wind technology will be paramount to Taiwan’s energy transition and BlueFloat Energy’s first floating offshore wind project, Winds of September, is expected to play a significant role in the development of this nascent industry in the country.
“This year has seen BlueFloat Energy have much success globally and I am very excited to have the opportunity to be a part of such a booming organization. BlueFloat Energy is a company with great potential and excellent floating offshore wind farm experience. I believe that we can work with Taiwan and push toward its net-zero target and accelerate the global energy transition process. We will work with local partners, suppliers, and stakeholders to deliver our project pipeline that will not only provide vast quantities of locally sourced, clean and affordable electricity but will also create a greater number of jobs in the industry, forming many collaboration opportunities” said Michael Pinkerton, the Taiwan Country Manager of BlueFloat Energy.
Michael, who is originally from Australia, has participated in and managed the development of renewable energy projects at Macquarie Group and Swancor Renewable Energy (SRE). He has a rich experience in the management, construction, and operation of several large-scale projects in Southeast Asia and has worked in Hong Kong, Singapore, and Taiwan.
The Winds of September Project shows the strong commitment of BlueFloat Energy to actively invest in the development of offshore wind energy in Taiwan, and the project itself represents a new milestone in the development of floating wind technology around the world.
About BlueFloat Energy
BlueFloat Energy is developing offshore wind projects in various regions of the world, where it can implement its vision: to accelerate the global deployment of offshore wind as a key enabler for the energy transition and economic growth. Founded by renewable energy professionals, BlueFloat Energy brings together remarkable team expertise in the design, development, financing, execution and operation of offshore wind projects.
BlueFloat Energy is supported by 547 Energy, the Quantum Energy Partners’ platform dedicated to clean energy investments. 547 Energy aims to partner with innovative companies that drive the growth of the green energy economy. Quantum Energy Partners is one of the world’s leading dedicated energy investment funds, with a portfolio of over $ 18 billion of assets under management since its inception in 1998.
