Singapore-based Vena Energy has announced plans to build the Blue Marlin Offshore Wind Project, a 2GW offshore power facility in Victoria.
Located 23km from the Victorian coast in Gippsland, the site was first identified by Vena Energy in 2017 as benefitting from particularly strong offshore winds.
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Vena Energy will develop the project as part of its offshore wind portfolio in the Asia-Pacific (APAC) region, with construction slated to begin in 2028.
Vena Energy Australia head Owen Sela said, “Recent changes in regulation and market landscape has highlighted the importance of offshore wind as a large-scale renewable energy source that has the potential to deliver improved security of supply, greater diversity in the energy mix, and better outcomes for electricity consumers.
“Climate change presents a real and ever-present threat to the environment, as well as our way of life, and Vena Energy is committed to accelerating the development of innovative renewable energy projects and generation of clean, sustainable energy in Australia.”
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Sela said the development of the Blue Marlin project would make significant contributions to the economy throughout its lifespan, generating increased business and employment opportunities.
Vena Energy said it supports a local procurement policy and promotes participation from local, regional, and Australian suppliers wherever possible, and is committed to developing the capacity of local businesses and the required skills base, to support the offshore wind industry in Victoria.