The license provides Ørsted with exclusive development rights for a gigawatt-scale offshore wind project situated 70 kilometers off the coast of Incheon City, Korea.

This project is set to host the largest number of tidal turbines globally and aims to stimulate the mass production of turbines within the tidal energy industry.

As floating wind farms are typically located farther offshore, in deeper waters, and harsher environments, a new and robust installation strategy is required.

This crane is slated for installation on the Norfolk Vanguard high-voltage, direct current converter station, strategically positioned off the Norfolk coast in the UK.

The research projects aim to contribute to the effective integration of these vital sectors for achieving the UK's ambitious climate and energy goals.

The expansion includes an 11MW site in Coryton Energy Park, Essex, and a larger 50MW site on Broomloan Road in Ibrox, Glasgow. Together, these sites will contribute a combined 61MW of storage capacity for renewable energy.

The consortium has submitted its "Outline Business Case" to both the Scottish and UK Governments, a crucial step toward attaining freeport status.

The planned auction will encompass approximately 860 square kilometers of surface area across the five offshore wind power sites, with a calculated maximum capacity of around 7,500 megawatts.

The geo-environmental survey covered an extensive area of approximately 333 km² and was conducted on behalf of Flotation Energy and Vårgrønn.

Specifically designed for installing turbines exceeding 300 meters in tip height and handling foundations weighing up to 3,000 tonnes in water depths of up to 70 meters, these WTIVs represent a significant advancement in offshore wind infrastructure.