Norwegian energy company Equinor and its partners in the Snorre and Gullfaks oil and gas fields off the Norwegian coast have secured part of the funding needed to develop 11 offshore wind turbines, each delivering 8 MW. The wind farm would be based on Equinor’s Hywind floating wind system and the industry's NOx fund is to invest NOK566m ($67m). The industry’s NOx fund has decided to provide up to NOK 566 million (EUR 56 million) in investment support for the project. Equinor’s partners will also apply for support from the Enova programme, which backs innovative energy and climate schemes. “Offshore wind has been a key focus for us since we first started working with them back in 2009,” said Erik Solheim, CEO of Equinor.
Norwegian energy company Equinor and its partners in the Snorre and Gullfaks oil and gas fields off the Norwegian coast have secured part of the funding needed to develop 11 offshore wind turbines, each delivering 8 MW. The wind farm would be based on Equinor’s Hywind floating wind system and the industry's NOx fund is to invest NOK566m ($67m). Equinor’s partners will also apply for support from the Enova programme, which backs innovative energy and climate schemes. “Offshore wind has been a key focus for us since we first started working with them back in 2009,” said Erik Solheim, CEO of Equinor.