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Nova Scotia Regulator Clears Bidders for First Offshore Wind Projects
The Canada-Nova Scotia Offshore Energy Regulator named five companies and two groups qualified to bid on seabed licences. A formal call for bids will be issued later this year.
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The Canada-Nova Scotia Offshore Energy Regulator released the names of companies qualified to bid on seabed licences for Canada's first offshore wind farms late Friday. The regulator identified five companies and two groups that met financial, technical, legal and social criteria after a review process that ran from October 2025 to January 2026.
Some participants chose to keep their status confidential.
A formal call for bids will be issued later this year, with final approvals subject to federal and provincial ministerial review. The approved companies are based in Canada, Belgium, China, Ireland, Luxembourg, Singapore, Switzerland, South Korea and France.
Scotia's plan calls for licensing enough offshore wind capacity to produce 40 gigawatts of electricity, with the first phase estimated at five gigawatts and $60 billion in costs. Commissioning of the initial turbines could occur as early as 2033. Areas under consideration for the first phase include Sydney Bight and three parcels off the eastern shore of mainland Nova Scotia.
The regulator confirmed that bids will be reviewed at both federal and provincial levels before any seabed licences are awarded.
