Corio joins the Global Offshore Wind Alliance as a leading industry representative to support and supply offshore wind energy on a large scale.
Corio Generation is joining the Global Offshore Wind Alliance (GOWA) to help countries in transforming their economies using offshore wind power. The company will join as a leading industry representative of GOWA.
Corio has also pledged to be working with the membership of the alliance to speed up offshore wind deployment worldwide. The governments of the U.S., the UK, Norway, Netherlands, Ireland, Japan, Columbia, Australia, Denmark, Germany, and Belgium have joined the alliance.
Different ways will be considered by the alliance to deliver a minimum 380 GW capacity of offshore wind power by 2030. That accounts to 35 GW average delivery annually across the 2020s with a minimum capacity of 70 GW annually from 2030. With this they aim to achieve their global target of 2000 GW by 2050.
GOWA will be supporting global offshore wind project plans by looking into solutions for financial de-risking, regulatory frameworks, system integration, and sharing socio-economic benefits along with other topics.
Jonathan Cole, CEO of Corio Generation said, “In all regions of the world, across advanced and emerging economies, governments are looking seriously at offshore wind as a reliable source of clean, green and affordable renewable energy. Rapid technological progress has opened the door to deploying offshore wind farms at scale, but barriers remain which can only be solved if public and private sectors work together.
Corio’s expert team has decades of experience in project delivery across the world and so we want to share what works, and what doesn’t, with governments seeking to harness their untapped ocean wind resources.
GOWA can play a transformational role in sharing good practices and promoting dialogue. Our shared goal is to help countries everywhere transition successfully away from economies reliant on fossil fuels to a greener, more sustainable future.”
Ben Backwell, CEO of GWEC added, “We are delighted Corio Generation are joining GOWA. To deliver the enormous potential of offshore wind, governments, international organizations and the private sector must work together – Corio is perfectly positioned to bring the expertise required to remove barriers and help scale-up the deployment of offshore wind in emerging markets.”
GOWA was launched in COP27 Egypt in November 2022 and aims at becoming a driving factor of worldwide usage of offshore wind power through political mobilization along with creating a global community of practice.
Corio is the leading international offshore wind developer and gained its position in the industry soon after its launch in April 2022. The company has the largest offshore wind projects pipeline supplying around 30 GW today.
Corio joins the Global Offshore Wind Alliance as a leading industry representative and with this program governments will get a chance to exchange knowledge in an environment. Here they can take experience from each other along with an opportunity for capacity building for them.