The world’s first floating offshore wind farm started delivering electricity to the grid in the north of Scotland. The Hywind project, built by Norwegian oil company Statoil ASA and Masdar Abu Dhabi Future Energy Co., has five turbines floating 25 kilometers (16 miles) off the coast of Peterhead, near Aberdeen. The project has a capacity of 30 megawatts and cost about 200 million pounds ($263 million) to construct. Floating turbines are expected to open the industry up to new markets like Japan, the U.S. west coast and Mediterranean, where seabeds drop off steeply from the coast.
Bloomberg 18th Oct 2017 read more »