Vattenfall has won a concession deal to build a 400MW Horns Rev 3 offshore wind project in Denmark, through a competitive bidding process.
The Swedish utility will be responsible for the construction and operation of the facility, which will be located outside the west coast of Denmark.
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Once operational by 2017, the project is expected to generate enough power for 450, 000 households.
Vattenfall CEO Magnus Hall said: "The construction of Horns Rev 3 is an important step towards both Denmark’s and EU’s goals to reduce carbon dioxide emissions, goals that stipulate that 30 % of the total energy consumption in 2020 shall origin from renewable energy sources.
"For that reason, we trust the political majority to go along with the agreement and find a solution suitable for all parties."
The Danish Parliament and the European Union are yet to approve the deal, which is expected to bring synergy between multiple offshore wind power facilities.
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By GlobalDataVattenfall Nordic Wind Power operations head Alberto Mendez Rebollo said: "Horns Rev 3 will imply positive synergies in operation and maintenance of offshore wind farms in the Nordic Sea. Both the Control Center in Esbjerg and the community Esbjerg, will gain a more important role as a chain of support when Horns Rev 3 is in operation."
Vattenfall is already a majority stakeholder (60%) for the Horns Rev 1 wind project. The offshore facility will have 80 wind turbines installed and is presently under stages of development.