Magnora unveils 500 MW project plans following ScotWind win

Magnora Offshore Wind AS, a Norwegian offshore wind developer, has been offered the opportunity to enter into an Option Agreement for area N3 by the Crown Estate Scotland in the ScotWind leasing round. The planned development will have a total capacity of approximately 500 MW which is estimated to produce 2.4 TWh per year.
Area N3 is situated in the north-western part of Scotland, 40 kilometres offshore Western Isles. The planned wind farm will cover an area of approximately 100 square kilometres in water depths of 106 to 125 meters, and the concept base for the application is 33 semi-submersible floating wind turbines of 15 MW capacity.  
Magnora aims to achieve consent in 2026, Final Investment Decision (FID) in 2028, and start production in 2030.
“On behalf of all our commitment partners, we are proud to be given the opportunity to progress our work to develop the ScotWind N3 area. I look forward to visiting Lewis again as soon as possible, to continue our close collaboration with Comhairle nan Eilean Siar (Western Isles Council) and to continue our learning from the local community on the island,” said Kristin Gjertsen, Managing Director of Magnora Offshore Wind. “This is the first major milestone towards our global ambition as an offshore wind developer, and we bring with us valuable experience when exploring new opportunities.”

Magnora Offshore Wind is a partnership between Magnora and TechnipFMC. According to the two firms, one of the core principles of their partnership is local commitment, involving local subcontractors and communities creating long-term value in all project phases in a sustainable and responsible way.  
“Magnora Offshore Wind is a young company with ambitions and capabilities. Extensive experience from renewable and offshore energy production, creates a strong foundation for succeeding in growing an offshore wind business with significant long-term value creation for society, employees and shareholders” said Torstein Sanness, Chairman of Magnora Offshore Wind.  
For the ScotWind N3 application, Magnora Offshore Wind had support from Stornoway Port Authority, Kishorn Port and DNV.