EDP ##gie and partners will launch a joint venture ( JV ) to develop fixed and floating offshore wind farms , aiming to become a " top five player in the field " . The partners have signed a Memorandum of understanding to create the project , of which they will each own 50 turbines , and hope to be up and running by the end of 2019 , pending legal and regulatory approval . Engie and EDP are also part of a consortium developing the 950 MW Moray East and West offshore wind power project in Scotland , with the Moray East project due to begin operation in 2021 .
EDP Renewables and Engie will launch a joint venture (JV) to develop fixed and floating offshore wind farms, aiming to become a "top five player in the field". The companies have signed a Memorandum of Understanding to create the JV, of which they will each own 50%, and hope to be up and running by the end of 2019, pending legal and regulatory approval. Engie and EDP are also part of a consortium developing the 950 MW Moray East and West offshore wind power project in Scotland, with the Moray East site due to begin construction in 2021.