SSE Renewables and Equinor team up to build the world’s largest offshore wind farm

by Nov 28, 2020

SSE Renewables and Equinor just recently announced that they have reached a closure on the financial arrangements to build the world’s largest offshore wind farm named the Dogger Bank. Located in the North Sea about 160 km east of Yorkshire in the UK, the Dogger Bank Wind Farm will be constructed in 3 phases. The first two phases will be constructed simultaneously next year offering a power capacity of 1.2 GW each. The investment made in Phase A and B of the project is about $8 billion and involves 29 banks, government agencies and export credit institutions one of which is Eni, an energy company in Italy, which has concluded a deal to buy 20 % stake in the project from SSE and Equinor.
The first two phases of Dogger Bank will be powered by 190 Haliade-X 13 MW turbines, one of the most recent wind farm technology introduced by GE Renewable Energy. The project is expected to have a lifetime of at least 25 years and when fully operational Dogger Bank will provide a total power capacity of 3.6 MW which is enough to power 5% of UK’s electricity load. The first two phases are expected to be operational by 2023 whereas the full commissioning of the windfarm is scheduled in 2026.
Britain , being the largest off shore wind market in the world, has recently upped its renewable target for 2030 from 30 GW to 40 GW. Hence, the Dogger Bank wind farm will be a milestone in expediting the process of reaching that green energy goal. Link to the news: