The company given the task of leading the development of floating offshore wind energy in the seas around Cornwall, southwest UK, is to be known as Celtic Sea Power.

Formerly called Wave Hub Development Services Ltd, the Cornwall Council-owned company has changed its name to better reflect its future role, which includes attracting large scale floating wind projects to the Celtic Sea. Celtic Sea Power is about to complete the sale of the Wave Hub offshore renewable energy test facility to Swedish floating windfarm developer and technology provider Hexicon. 

Hexicon will use the Wave Hub site and infrastructure off Cornwall’s north coast for TwinHub, a 30-40 MW floating offshore wind project using its twin-turbine platform. 

Steve Jermy, chair and interim chief executive of Celtic Sea Power, said: “We need to rapidly accelerate the deployment of floating offshore wind to meet UK and global net zero carbon targets. Celtic Sea Power is driving that opportunity for our region where we have the offshore wind resource, supply chain, and emerging regulatory framework.”

Celtic Sea Power has estimated that over 70% of the UK’s energy needs could be met by the energy resource in the Celtic Sea.