GlobalTech II is a 980MW offshore wind power project. It is planned in North Sea, Germany. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2027. Buy the profile here.
Description
The project is being developed and currently owned by Vattenfall. The company has a stake of 100%.
The project is expected to supply enough clean energy to power 1,000,000 households. The project will be spread over an area of 47.17km².
The wind power project consists of 79 turbines.
Development status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2027.
For more details on GlobalTech II, buy the profile here.
About Vattenfall
Vattenfall AB (Vattenfall) is a state-owned energy company that generates, distributes and sells electricity and heat. The company also conducts gas and energy trading sales. Vattenfall generates power through various sources of energy including wind, nuclear, hydro, natural gas, solar, coal, biomass and waste and produces and distributes district heating and supplies to households and industries in metropolitan areas. In addition, the company provides energy services such as battery storage, network services, charging solutions for electric vehicles, heat pumps, solar panels and smart meters. It serves households, businesses, electricity and gas customers. The company has its presence in Denmark, Finland, Germany, the Netherlands and the UK among others. Vattenfall is headquartered in Solna, Stockholm, Sweden.
Data Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.