The plant with a capacity of 2.4 gigawatts will be located in the North Sea between Great Britain and Denmark.
The world's largest offshore wind farm with a capacity of 2.4 gigawatts (GW) is to be built in the North Sea between Great Britain and Denmark.
The British utility SSE and the Norwegian oil and gas company Equinor want to invest 6.7 billion euros in the so-called Doggerbank project, as SSE announced on Thursday. 1.2 GW are to be connected to the grid in 2023, the other 1.2 GW one year later.
The project would promote green recovery, create jobs and boost the local economy. Taken together, the first two construction phases are the largest offshore wind project financing in the world to date. A group of 29 banks and three export credit agencies are involved.
The Doggerbank is between 300 and 350 kilometers long and partially designated as a nature reserve.
Various oil and energy companies such as BP or Royal Dutch Shell are increasingly relying on clean energies. For example, Total recently announced the construction of wind farms on the high seas.
