25 May 2021
Plans to build 10GW worth of offshore wind in the North Atlantic and connect it with the United Kingdom by undersea cables have been unveiled, starting off with a 2GW offshore wind farm to be built off the coast of Iceland to begin operations in 2025.
Hecate Independent Power (HIP), the company behind the lofty plan, is a part of Hecate Holdings, a leading US-based renewable developer founded in 2012 which has developed a pipeline of 1.4GW renewable PPAs and boasts an “active” renewable development pipeline of over 12GW.
HIP is chaired by Sir Tony Baldry, a former British energy minister under prime ministers Margaret Thatcher and John Major. HIP has already lodged four connection applications with the UK’s national grid operator for an initial 4GW of grid connections to the UK’s 400kV electricity transmission system across four connection sites.
May 24, 2021, by Adnan Durakovic
Anglo-American joint venture Hecate Independent Power Limited (HIP) has launched its HIP Atlantic Project for installing 10,000 MW of fixed and floating wind turbines in the North Atlantic connected to the UK grid.
The long-length, high-capacity, high-voltage direct current (HVDC) transmission cables which will connect the wind farms to the UK grid are to be manufactured in the United Kingdom at a GBP 200 million bespoke power cable plant to be built at a port in the northeast of England, HIP said
The total project cost is estimated at GBP 21 billion (USD 30 billion).
HIP has lodged four connection applications with National Grid Company for an initial 4,000 MW of grid connections to the United Kingdom’s 400 kV electricity transmission system across four connection sites.
Stephen Farrell
A £200m manufacturing plant is set to be built in the North East to support a £21bn wind turbine project.
Hecate Independent Power (HIP) has announced the launch of its HIP Atlantic Project for installing 10,000 MW of fixed and floating wind turbines in the North Atlantic connected to the UK by long-length, high-capacity, high-voltage direct current (HVDC) submarine power transmission cables.
The cables are set to be manufactured in the UK at a £200m bespoke power cable plant to be built at a port in the North East, with the exact location to be revealed at a later date.
Launch of HIP Atlantic Project and World-Leading Power Cable Plant in Northeast England prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.