Vattenfall Invests Big In 92.4 MW Wind Farm Off Scottish Coast

Posted by Lauren Tyler on July 21, 2016 No Comments
Categories : Projects & Contracts

Vattenfall, a Swedish, state-owned, energy company, has decided to invest more than 348 million U.S. dollars (approximately SEK 3 billion) in a combined wind farm and technology development center off the Scottish coast.

As previously reported, the wind farm, known as the European Offshore Wind Deployment Centre (EOWDC), will comprise 11 turbines and have a capacity of 92.4 MW. Additionally, the facility will also be a center for testing and developing new technologies for offshore wind power.

“We aim to double our wind power capacity from 2 to 4 GW by 2020 and are focusing on reducing and streamlining our offshore wind power costs,” says Magnus Hall, CEO and president of Vattenfall. “Our investment in the European Offshore Wind Deployment Centre off Aberdeen is an important part of this process.”

The Scottish government granted approval for building the wind farm in 2013. After legal challenges were cleared in December 2015, the project team has been preparing for the wind farm’s installation.

Construction of the wind farm offshore is expected to start in the latter part of next year so that it can start generating electricity in spring 2018. Onshore construction activity will start later this year.

According to Vattenfall, the development of the EOWDC was taken forward with a local partner, the Aberdeen Renewable Energy Group. As per earlier agreements, Vattenfall will acquire the group’s shares and become the sole owner of the project.

The decision to invest in the EOWDC comes only a few weeks after the British referendum on leaving the European Union and demonstrates Vattenfall’s continuing long-term commitment to wind power in Great Britain.

“This project underscores our long-term aim to extend our wind power capacity in Great Britain,” adds Hall. “The British government wants wind power to continue making up a significant part of the country’s climate-neutral electricity generation. We aim to be a part of this development and grow in Great Britain.”

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