A consortium led by Shell is to construct two offshore wind projects in the Dutch North Sea with a combined capacity of 700 MW. The Borssele III & IV projects will generate over 3,200 GWh of power each year and operate with a €300m ($319m) subsidy, lower than the expected €5bn subsidy. Planned to be built about 22km out of the coast of Zeeland in The Netherlands, the Borssele III & IV projects will be operated with a subsidy of €300m which is substantially lower than the originally expected subsidy of €5bn. In addition, the Netherlands has announced plans for an additional 200 MW of onshore wind, which would be built on land rather than at sea. MHI Vestas Offshore Wind, a joint venture between Mitsubishi Heavy Industries and Denmark's Vestas Wind Systems, has been chosen as preferred turbine supplier for the projects.
A consortium led by Shell is to construct two offshore wind projects in the Dutch North Sea with a combined capacity of 700 MW. The Borssele III & IV projects will generate over 3,200 GWh of power each year and operate with a €300m ($319m) subsidy, lower than the expected €5bn subsidy. In addition, the Netherlands has announced plans for an additional 200 MW of onshore wind, which would be built on land rather than at sea. MHI Vestas Offshore Wind, a joint venture between Mitsubishi Heavy Industries and Denmark's Vestas Wind Systems, has been chosen as preferred turbine supplier for the projects.