in News Departments > Projects & Contracts
print the content item

DONG Energy has acquired a 100% ownership interest from Centrica in the U.K. offshore wind development project Race Bank. DONG paid $82 million for the project, which has a total consented capacity of up to 580 MW and is located in the Greater Wash area about 27 km off the east coast of England.

The Race Bank project has received all major consents from U.K. authorities for the construction and operation of the wind farm, and geotechnical and geophysical investigations of the site have already been carried out. DONG says the consents enable offshore construction to commence from 2017.

“Race Bank fits very well into our existing pipeline of offshore wind projects and will contribute to the achievement of our strategic target of constructing 6,500 MW by 2020,” says Samuel Leupold, executive vice president of DONG Energy Wind Power.

A decision to actually build the project is still pending and depends on a continued successful development of the farm under DONG Energy’s ownership.



IowaDeptEconDevel_id1863

Helukabel_id1908
Latest Top Stories

Kansas Renewables Mandate Survives Yet Another Attack, But Is It Too Early To Celebrate?

Over the past three years, some legislators have tried to either weaken or repeal the state's renewable portfolio standard, which requires Kansas utilities to reach 20% renewables by 2020.


AWEA Highlights U.S. Wind Success Stories Of 2013

Despite a 92% drop in new capacity last year, the sector still has myriad reasons to celebrate, according to a new report from the American Wind Energy Association.


Feds List New Bird Species As Threatened - Should Wind Developers Be Worried?

The U.S. Fish and Wildlife Service is designating the lesser prairie-chicken as threatened under the Endangered Species Act. An expert explains how this might affect the wind industry.


Senate Committee Passes Bill With Two-Year PTC Extension

The Senate Finance Committee has voted on a tax extenders package, which includes both the production tax credit (PTC) and investment tax credit, and sent it to the floor.


Five Common Gearbox Failures And How To Identify Them

Wind turbine gearbox failures are a major source of unplanned maintenance costs. An expert explains the most frequent failure modes and offers prevention tips.

Acciona_id1907
UEA_id1896
WomenofWind_id
JLG_id1900
AWEA_id1886
bonfiglioli_id1913