Australia has set a net-zero target by 2050 and has signalled a strong desire to accelerate renewable energy as part of its energy mix.
The Commonwealth Government has signalled a strong desire to develop an offshore wind market in Australia with new legislation and an emerging regulatory framework coming into effect recently.
Our ambition is to apply our industrial offshore experience and broad energy competence to create long-lasting value and supply homegrown renewables power to Australia.
Equinor opened a country office in Sydney in September 2023. Assessing renewable opportunities in Australia supports our strategy as a global offshore wind major to build scale in core areas and secure growth options in attractive new markets early.
News
August 2023: Equinor-backed tech company Raygen opens world’s largest next-generation long duration energy storage project.
August 2023: Equinor’s Hywind Tampen wind farm was opened overnight by Crown Prince Haakon of Norway. The Australian Ambassador to Norway, Kerin Ayyalaraju, was also present at the opening.
July 2023: Equinor and leading Australian energy developer, Oceanex, have welcomed the news that the Hunter Region will host Australia’s newest domestic offshore wind zone.
August 2022: Equinor has teamed up with leading Australia and New Zealand offshore wind developer Oceanex Energy (Oceanex) to progress offshore wind opportunities in New South Wales, Australia. See press release for more information.
