Huge floating wind farms are being planned off the coast of Australia

Plans for three major offshore wind developments in Australia have been announced, with two of them set to incorporate floating wind technology.

In a statement Wednesday, Madrid-headquartered BlueFloat Energy said it was looking to develop the projects with advisory firm Energy Estate, which has a presence in the Australian cities of Sydney, Canberra and Adelaide.

The proposed facilities are the 1.4 gigawatt Hunter Coast Offshore Wind Project, which would be in waters off Newcastle, New South Wales; the Wollongong Offshore Wind Project, set to have a capacity of 1.6 GW and be spread across two sites off…