Source Galileo, a leading European renewable energy developer, has signed a non-exclusive Memorandum of Understanding (MoU) with Portland Port to advance offshore wind development off the Dorset coast.
Key Highlights
PortWind Project – A proposed 2 GW offshore wind farm off the Dorset Coast, capable of powering over 3 million UK households.
Strategic Partnership – Portland Port will provide deep-water berths, quayside space, and operational support for wind farm construction.
Clean Energy Super Cluster – Aligning with Dorset’s green energy strategy to boost economic growth, training, and job creation.
Grid Connection Secured – A 2.5 GW grid link to Chickerell substation, including a 350 MW battery energy storage system (BESS).
Global Investment – Backed by Ingka Investments (IKEA’s investment arm), which holds a 20% stake in Source Galileo’s UK offshore wind projects.
Statements from Key Officials
Garrett Morrison, Chief Development Officer, Source Galileo:
“We are developing projects that deliver clean energy to UK homes and businesses while attracting international investment and boosting the supply chain.”
Ian McQuade, General Manager – Commercial, Portland Port:
“This MoU supports our vision for Portland to become a renewable energy hub on the south coast.”
This partnership marks a significant step in the UK’s energy transition. Through offshore wind innovation, it will enhance energy security and economic resilience.
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Source: PORTLAND PORT UK