Rosslare Europort Agrees MOU With Source Galileo

[Source: BusinessPlus.ie]

Rosslare Europort, owned by Iarnród Éireann/CIE, has agreed a Memorandum of Understanding with Norway’s Source Galileo to explore opportunities for developing the port as a facilitator in the delivery of offshore wind farm projects in Irish coastal waters.

A redevelopment plan for Rosslare Europort to facilitate offshore wind farm construction, and associated operations and maintenance, is currently being progressed by Iarnród Éireann.

The State company wants to establish the port and its hinterland as an Offshore Renewable Energy hub, with the potential to create up to 2,000 jobs.

Source Galileo is developing 10GW of offshore wind projects off the coasts of Europe. In March the company secured funding from the Norwegian government to part-finance the development of its Goliat offshore wind project close to the Arctic Sea.

Enova, Norway’s climate and innovation investment fund, awarded €175m to the Goliat floating offshore wind project, which Source Galileo is developing in partnership with The Kansai Electric Power Co. and Odfjell Oceanwind.

The project will comprise of five floating turbines with an overall power capacity of 75 megawatts and will be used as a demonstration project to prove the commercial viability of floating offshore wind technology.

The energy produced by the floating wind farm will be used to power the Goliat oil platform owned by Norwegian energy companies Equinor and Vår Energi.

Source Galileo’s development portfolio includes the Mac Lir project, a proposed offshore wind farm located off the coasts of Wicklow and Wexford with a target installed capacity of 700MW.

Rosslare Europort, owned by Iarnród Éireann/CIE, has agreed a Memorandum of Understanding with Norway’s Source Galileo to explore opportunities for developing the port as a facilitator in the delivery of offshore wind farm projects in Irish coastal waters.

A redevelopment plan for Rosslare Europort to facilitate offshore wind farm construction, and associated operations and maintenance, is currently being progressed by Iarnród Éireann.

The State company wants to establish the port and its hinterland as an Offshore Renewable Energy hub, with the potential to create up to 2,000 jobs.

Source Galileo is developing 10GW of offshore wind projects off the coasts of Europe. In March the company secured funding from the Norwegian government to part-finance the development of its Goliat offshore wind project close to the Arctic Sea.

Enova, Norway’s climate and innovation investment fund, awarded €175m to the Goliat floating offshore wind project, which Source Galileo is developing in partnership with The Kansai Electric Power Co. and Odfjell Oceanwind.

The project will comprise of five floating turbines with an overall power capacity of 75 megawatts and will be used as a demonstration project to prove the commercial viability of floating offshore wind technology.

The energy produced by the floating wind farm will be used to power the Goliat oil platform owned by Norwegian energy companies Equinor and Vår Energi.

Source Galileo’s development portfolio includes the Mac Lir project, a proposed offshore wind farm located off the coasts of Wicklow and Wexford with a target installed capacity of 700MW.

The company said work is underway to prepare an Environmental Impact Assessment scoping report for the project, with the aim to submit a planning application for the project in late 2026.

Rosslare Europort said that to deliver its vision for ORE, the port plans to develop:

-          ORE purpose-built quay and berth.
-          ORE quayside storage and pre-construction.
-          Navigable channel dredged down to a minimum of 9-11 metres depth.
-          Management Control Centre and management offices and facilities for operations and maintenance.

The Source Galileo MOU with Iarnród Éireann is non-exclusive.

Kevin Lynch, CEO of Source Galileo, commented: “Source Galileo is developing a portfolio of projects that will generate substantial clean renewable energy direct to homes and business across Ireland. We look forward to working with Iarnród Éireann."

Europort director Glenn Carr said: “We believe there are strong synergies to be achieved as we work together to place this renewable energy industry at the heart of Ireland’s decarbonised future.”