Energy

European energy giants team up to develop offshore wind project

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This images shows wind turbines in the North Sea, off the coast of Belgium.

Westend61 | Westend61 | Getty Images

Energy major Equinor said Wednesday it was working with RWE Renewables and Hydro REIN on an application for the development of a “large-scale” offshore wind farm in the Norwegian North Sea.

According to a statement, the companies will work together on submitting a proposal to authorities in Norway for the facility, which would be located in an area known as Sørlige Nordsjø II.

Pal Eitrheim, Equinor’s executive vice president for new energy solutions, described the North Sea as having “among the world’s best wind resources.”

“A large-scale offshore wind farm at Sørlige Nordsjø…



Source cnbc.com

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