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Bloomberg: Record-Large Floating Wind Farm Set for Norway


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Bloomberg: Record-Large Floating Wind Farm Set for Norway

Business

Category: Business News

Equinor ASA made a final decision to invest in floating wind turbines to power offshore oil platforms off Norway after the government agreed to subsidize a large part of the cost.

Hywind Tampen will cost a total of almost 5 billion kroner ($550 million), it said in a statement on Friday. That’s in line with the state-controlled company’s earlier estimate.

Read entire article HERE.

Source: Bloomberg

Published: October 11, 2019