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Home›Business & Finance›BlueFloat Scraps Its New Zealand Offshore Wind Plans
Business & Finance

October 25, 2024 · about 1 year ago

BlueFloat Scraps Its New Zealand Offshore Wind Plans

BlueFloat Energy has decided to cease the development of offshore wind projects in New Zealand following a global strategic review. BlueFloat Energy said it remains confident that offshore wind presents a strategic opportunity for New Zealand, contributing to both decarbonization and economic growth

1 minutes read
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Waikato offshore wind project

According to the Global Wind Energy Council (GWEC) , New Zealand has a technical offshore wind potential of 2,252 GW. Of this, 148 GW has been marked suitable for fixed-bottom wind turbines and 2,104 GW for floating wind.

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