Sweden鈥檚 state-owned power company Vattenfall will build Denmark鈥檚 largest offshore wind farm, Horns Rev 3, company reported on Thursday.
Horns Rev 3 offshore wind farm project will be located in the West coast of Denmark and commissioned in 2018. The project will be worth $1 billion and it will supply electricity to 400.000 Danish households.
"Horns Rev 3 is an important part of Vattenfall麓s ambitions in the field of wind and particularly on our focus on offshore wind farms. Horns Rev 3 also gives a clear signal to the world around us that Vattenfall麓s strategy is to make new investments in renewable electricity generation and to grow in wind. Vattenfall supports the transition to a totally renewable energy system and takes up the challenge, in spite of current low electricity prices and excess capacity," said Magnus Hall, President and CEO of Vattenfall.
Swedish company is the second largest offshore wind farm operator in the world and one of the biggest onshore wind farm companies in Denmark. Vattenfall had won the tender to construct Horns Rev 3 project in 2015.
By Ugur Ertas
Anadolu Agency
ugur.ertas@aa.com.tr
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