Castle Wind Floating Wind Project is a 1,000MW offshore wind power project. It is planned in Morro Bay, California, the US. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2027. Buy the profile here.
Description
The project is being developed by Castle Wind. The project is co-owned by TotalEnergies and Trident Winds, with their respective ownership stake of 50% each.
The project is expected to supply enough clean energy to power 300,000 households. The project will be spread over an area of 144km². The turbines will be mounted on floating semi-submersible foundations.
The wind power project consists of 100 turbines.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2027.
Power purchase agreement
The power generated from the project will be sold to Monterey Bay Community Power under a power purchase agreement. The offtake capacity is expected to be 1,000MW.
For more details on Castle Wind Floating Wind Project, buy the profile here.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.