Shell (LON: SHEL) and ScottishPower have become the latest ScotWind winners to announce they have signed option to lease agreements.
In striking the deal with Crown Estate Scotland, the pair have reserved the seabed rights for their MarramWind and CampionWind floating offshore wind farms.
Destined to be among the first commercial-scale floating offshore windfarms anywhere in the world, the two developments will be able to power millions of homes.
Weighing in at up to 3 gigawatts (GW), MarramWind will be located off the north-east coast in water depths of around 100 metres.
Meanwhile Campion Wind will be located off the east coast and could deliver up to 2GW of green energy.
Shell previously revealed it has committed to use Scottish content to fulfil 40% of the two projects secured in ScotWind.
Charlie Jordan, ScottishPower’s offshore wind director for the UK and Ireland, said: “Offshore wind is exactly what’s needed to get more clean, green homegrown electricity on to the grid, so we can reduce our dependency on gas and reach net zero.
“The signing of our ScotWind option agreements also gives us the green light to push on with our ambitions to deliver jobs and investment for local people, businesses and the supply chain across the country – creating a new global industry from right here in Scotland. It’s a really exciting time.”
Hessel de Jong, Shell general manager Europe for offshore wind said, “Having signed option agreements with Crown Estate Scotland, a top priority is how the planning phase can be streamlined as much as possible to accelerate the delivery of 5GW of floating offshore wind power. This is another step in helping to provide more, cleaner power to homes and businesses.”