Vattenfall to build a 760 MW wind farm in the North Sea

The Swedish energy concern Vattenfall has won a tender for the construction of an offshore wind park with a capacity of 760 MW, which will be located in the Dutch waters of the North Sea, Renen reports.

The company will build the 3rd and 4th phase of the Hollandse Kust (zuid) facility. The construction of the first two stages was also handled by Vattenfall.

The project is implemented completely without state support. In addition, Vattenfall will pay about €2 million per year for the rental of the water area where Hollandse Kust (zuid) 3 and 4 will be built.

Construction of a wind park is planned to be completed in 2023.

Offshore wind farm will produce the amount of electricity equivalent to 2.5% of the consumption of the Netherlands.

Tags: contracts, renewable energy, wind energy, electricity, EU, electricity market

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