offshore wind

They are expected to help create more than 1,600 new jobs

Equinor, Korea National Oil Corporation and Korea East-West Power have formed a consortium for the project

This year’s Contract for Difference (CfD) auction includes a capacity cap of 6GW for low carbon power

The fund manager is buying it from Global Infrastructure Partners, which currently has a 50% stake in Gode Wind 1

The growing size of offshore turbines and wind farms, extending beyond 200m in height and occupying tens of kilometres, has challenged traditional wind farm models

Globally, an additional 200GW of new offshore wind energy capacity is forecast to be added by 2030

The 1,100MW Ocean Wind offshore wind farm is expected to power more than half a million homes

The Offshore Wind Growth Partnership is expected to support more than 650 companies across the country

Danske Commodities is owned by energy giants Equinor and Masdar

Around 327MW of onshore and offshore wind capacity has been installed so far