Elanora Offshore, a consortium of renewable energy companies, has revealed its intention to develop a 5GW offshore wind power project of the same name near the Jeppsland coast in Australia's first announced region.

The consortium is composed of offshore wind power development expert KIMAenergy, energy retailer EnergyAustralia, offshore wind power transportation and installation company Boskalis, energy supplier and offtaker Inspect Energy, and renewable energy developer Polpo Investments. After receiving feasibility permits and other mandatory approvals, the first phase of the Elanora offshore wind power project is expected to be put into operation in 2032.

The second phase of the Australian offshore wind power project is planned to be completed by the end of 2034 to meet the goals of the Victorian government. Once fully operational, the Elanora Offshore project will generate over 20 TWh of clean energy annually for Victoria, accounting for 40% of Australia's current energy demand.

In addition, offshore wind power projects will offset 600 million tons of carbon dioxide emissions throughout their lifecycle. Maya Malik, CEO of Elanora Offshore, expressed pleasure in participating in this exciting project. We have meticulously crafted something truly unique - a highly credible consortium aimed at proactively addressing new market risks, as well as an experienced Australian management team dedicated to achieving it.

The consortium is expected to generate over 3000 direct employment opportunities during the construction period and 320 direct job positions during the operation of the Elanora Offshore Wind project.

According to Elanora Offshore, it has obtained funding commitments for offshore wind power facilities from investors. The consortium stated that Elanora Offshore is seeking to become one of the first companies to build offshore wind farms in Australia, leveraging its extensive global expertise in offshore wind energy and energy infrastructure.

In addition, Australian energy companies have announced their first climate change action plan to achieve net zero emissions for Scope 1 and Scope 2 emissions by 2050. CTAP promises to collaborate with partners to expand its clean energy portfolio and commit or operate up to 3GW by the end of this decade.Editor/XingWentao