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Projects

Aker Offshore Wind has a global and expanding portfolio, including active projects in South Korea and California. We also have a pipeline of prospects in Europe, the U.S. and Asia.

Japan

  • Japan has set a goal of zero emissions by 2050 with a strong focus on offshore wind.
  • Japan aims to expand offshore wind energy capacity to 10GW by 2030 and 30-45 GW by 2040. Project areas for offshore floating wind will be put to auction for interested companies to submit their proposals.
  • Aker Offshore Wind and global wind and solar company, Mainstream Renewable Power have together been selected as the preferred bidder to acquire an initial 50 per cent stake in Progression Energy’s 800MW floating offshore wind project in Japan

Norway

  • The Norwegian government has opened two areas for offshore wind development with a potential capacity of approximately 4.5 GW: Sørlige Nordsjø II and Utsira Nord
  • Aker Offshore Wind has partnered with Statkraft and bp – in which each will hold a 33.3% share – to pursue a bid to develop offshore wind power in the Sørlige Nordsjø II (SN2) licence area.
  • Aker Offshore Wind targets cooperation with Aker BP to drive industrialization of offshore wind and thereby create an opportunity for large-scale electrification of the Norwegian Continental Shelf
  • The two projects seek to realize a power hub infrastructure and an energy island for power export to continental Europe.

South Korea

  • The South Korean Government’s IES 2030 plan targets an increase in renewable power generation from 8% to 20% by 2030 and 30-35% by 2040.
  • Aker Offshore Wind owns a share of the project development company KF Wind which has secured one out of five Memorandum of Understandings (MoUs) with Ulsan City and three potential sites for development.
  • The project has a capacity of 1,200 MW.
  • The project is being developed in a strong consortium with Ocean Winds and local partner, Kumyang Co.

Sweden

  • The Swedish government set ambitious plans in 2016 to achieve both 100% renewable electricity production by 2040 and to have no net emissions of greenhouse gases by 2045.
  • Aker Offshore Wind has established a joint venture with Swedish company Hexicon AB to mature early phase projects in Sweden.
  • Ambitions to develop projects in Swedish waters with combined capacity of several gigawatt.

United Kingdom

  • The Aker group of companies have had a presence in the UK since the 1980s.
  • The United Kingdom has ambitious plans to reach zero emissions by 2050 with targets of 40 GW of offshore wind deployed by 2030. The United Kingdom is a world leader in the deployment of offshore wind and plans to continue to do so.
  • A large offshore wind pipeline has allowed the UK to develop a strong local supply chain.

United States

  • California has set ambitious goals for renewable energy, targeting 60% of the electricity produced from renewables by 2030 and carbon neutrality by 2045.
  • The Redwood Coast Offshore Wind Project (RedCOW) was established in 2018 as a consortium with Ocean Winds.
  • Project has the potential to be a flagship project for the state, with an initial capacity of 150 MW by 2025.