Statoil announced that it will invest $236m in building a floating wind farm off the Scottish coast. The company said its new £1bn offshore windfarm, which is expected to be operational by 2020, would provide enough power for up to 50,000 homes. The project will be the world's first floating wind farm and Irene Rummelhoff, Statoil’s Executive Vice President for New Energy Solutions, said the company's "objective with the Hywind pilot park is to demonstrate the feasibility of future commercial, utility-scale floating wind farms."
Statoil announced that it will invest $236m in building a floating wind farm off the Scottish coast. The Hywind pilot park project in the North sea will have five floating turbines, each generating 6MW of electricity. The project will be the world's first floating wind farm and Irene Rummelhoff, Statoil’s Executive Vice President for New Energy Solutions, said the company's "objective with the Hywind pilot park is to demonstrate the feasibility of future commercial, utility-scale floating wind farms."