'Wind In The Sea': 576-Megawatt Offshore Wind Farm Set for North Wales [Video]
RWE Innogy, Stadtwerke Muenchen, and Siemens (NYSE:SI) have partnered to build a 576-megawatt offshore wind farm in the United Kingdom.
The wind farm will be constructed in Liverpool Bay, Wales -- around 18 kilometers off the coast. The wind farm, which has been named Gwynt y Môr (Welsh for "wind in the sea), will be composed of 160 wind turbines. Construction will begin in 2011; the farm will be able to produce electricity by 2013 even though the entire project is not set to be complete until 2014.
Check out another RWE offshre wind farm in Wales -- Rhyl Flats:
When the wind farm is brought on-line at full capacity it is expected to be able to prduce 1,950 gigawatt-hours of electricity per year, enough to power 400,000 households.
RWE Innogy will hold the majority stake, 60%, in the wind farm, while Stadwerke Muchen will hold 30% and Siemens 10%. Gwynt y Môr will cost the business partners US $2.44 billion to build.
Read the full story at Renewable Energy World: RWE, Stadtwerke & Siemens To Build 576-MW Offshore Wind Farm
Nathanael Baker is the Managing Editor of EnergyBoom. He has researched and reported on the issues of renewable energy, sustainability, and climate change for over two years. He has provided research to the New York Times and The Economist, as well as being published on different media outlets including, The Energy Collective.
Energy Boom content is for informational purposes only and is not intended to be advice regarding the investment merits of, or a recommendation regarding the purchase or sale of, any security identified on, or linked through, this site.
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