Corio joins Global Offshore Wind Alliance to help countries meet renewable targets

Corio Generation is joining the Global Offshore Wind Alliance, an international coalition founded by the Government of Denmark, the International Renewable Energy Agency (IRENA) and the Global Wind Energy Council (GWEC) to help countries transform their economies using offshore wind power.

Corio will join as one of GOWA’s leading industry representatives and has pledged to work with the alliance’s membership to ramp up offshore wind deployment worldwide. Governments that have so far joined the alliance include Australia, Belgium, Colombia, Denmark, Germany, Ireland, Japan, the Netherlands, Norway, the UK and the USA.

Launched at COP27 in Egypt in November 2022, GOWA aims to be a driving force for the worldwide rollout of offshore wind through political mobilisation and the creation of a global community of practice. The alliance will consider ways to deliver a minimum of 380 GW in offshore wind capacity by 2030, with 35 GW on average each year across the 2020s and a minimum of 70 GW each year from 2030, culminating in a global target of 2,000 GW by 2050.

Jonathan Cole, CEO of Corio Generation, announcing that Corio is joining GOWA, commented:

“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 windfarms at scale, but barriers remain which can only be solved if public and private sectors work together.”

Ben Backwell, CEO of GWEC, said:

"We are delighted Corio Generation are joining the Global Offshore Wind Alliance. To deliver the enormous potential of offshore wind, governments, international organisations 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."

The Global Offshore Wind Alliance will provide a forum for knowledge exchange and peer-to-peer learning and capacity building for governments. To support national offshore wind rollout plans, GOWA will look for solutions on designing regulatory frameworks, financial de-risking, system integration, and the sharing socio-economic benefits among other topics.