Irish energy company ESB and Shannon Foynes Port, the company with statutory jurisdiction over all marine activities on the Shannon Estuary, have entered into a collaboration to develop the region into a centre for the deployment of floating offshore wind projects in both Irish and international waters.
Back in 2021, ESB and its then-partner Equinor announced the development of the 1.4 GW Moneypoint floating wind farm in Ireland, with a broader plan under its Green Atlantic @ Moneypoint project to transform the Moneypoint power station in County Clare into a green energy hub and to support wider plans of Shannon Foynes Port to help make the Shannon Estuary a focal point for the offshore wind industry in Europe.