Positive
Project advancing - milestone achieved
High Impact
Major milestone or critical setback
On 12 April 2022, the Ørsted, Falck Renewables (now Renantis) and BlueFloat Energy consortium signed an Option Agreement with Crown Estate Scotland for a floating offshore wind site of up to 1GW off the Caithness coast, around 50km east of Wick. Secured through the ScotWind leasing round, this option agreement formally executes the seabed lease for the project, which will be developed as the Stromar floating offshore wind farm and represents Ørsted’s first large-scale floating wind development.