Statoil Plans To Build World’s First Floating Wind Farm

Statoil, the Norwegian oil and gas giant, is considering taking a major role in wind power. The state-owned energy company said July 7 that it will decide in September whether to invest in a floating wind farm off the east coast of Scotland. The company, based in Stavanger, is already experimenting with alternative energy technology, having experimented with a floating wind turbine off Norway. Now it’s considering a farm made up of five 6-megawatt turbines off Aberdeen in a part of the North Sea where the water is about 100 meters deep. Wind…

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Statoil Plans To Build World’s First Floating Wind Farm

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