OX2 plans to build a 1400MW offshore wind farm in the Finnish Economic Zone’s Gulf of Bothnia.
The Tyrsky wind farm will have 100 turbines and be around 30 kilometres northwest of Kaskinen, southwest of Vaasa. It will have an annual output capacity of about 6TWh.
The Finnish government granted the Swedish developer a research permit for the project last year, and they are currently planning to conduct an environmental impact assessment.
The wind farm might start operating in 2030 after an expected four-year licencing process.
Paul Stormoen, OX2 chief executive officer, said “The great shift towards hydrogen, fossil-free industries and general electrification demands huge amounts of renewable energy.”
“Offshore wind farms are the fastest and most cost-effective way to build large-scale electricity production.”
“I am happy to announce we have included another project in our portfolio of great projects.”
OX2 has two significant offshore wind farms in Finland and is now building other offshore wind farms outside of Sweden and land.
The offshore wind project developer had an 18.3GW global portfolio at the end of the third quarter of the previous year.
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