Elanora Offshore is planning to build a 5 GW offshore wind project in the Gippsland region, off the coast of Victoria, in southeastern Australia.
The developers are a five-member consortium of companies – EnergyAustralia, Respect Energy, Polpo Investments, KIMAenergy and Boskalis – that has delivered and financed offshore wind and energy projects in Europe and Asia, in addition to Australia. Funding commitments have already been secured for the venture.
During construction, the Elanora Offshore project will create more than 3,000 direct jobs. Once the building portion is complete and operations commence, 320 direct jobs will be available.
When it is fully functioning, the project will deliver over 20 TWh of energy to Victoria yearly – enough to meet 40% of Victoria’s current energy needs.
After a feasibility license and other necessary approvals are granted, the first phase of the Elanora Offshore project expects to be operational by 2032, with the second phase completed by the end of 2034.
“Our aim is to implement world-leading, sustainable offshore wind technology with agility,” says Maya Malik, Elanora Offshore CEO. “We want to be part of a just transition – delivering benefits for local communities and minimizing environmental impact.”