German company Siemens has signed an agreement with DONG Energy worth €2.5billion (£1.6billion) to supply 300 of its 6MW turbines to the UK.
The total capacity of 1.8GW turbines will be installed at the Danish firm’s selected offshore wind farms in the UK between 2012 and 2017.
Michael Suess, CEO of the Energy Sector at Siemens said offshore wind energy has huge potential: “Offshore wind conditions are strong and stable, enabling an energy yield that can be about 40% higher than onshore. The UK, Denmark and Germany, in particular, are counting on the future of offshore wind energy… Together, we are working to further reduce the costs of this environmentally-friendly form of power generation.”
The companies are currently working together on projects under construction with a total capacity of around 2,000 MW.
The announcement comes after the UK Government failed to come to a decision about support for the renewables industry earlier this week.