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Statoil Sets Aside EUR 214 Million for Hywind Scotland Pilot Park

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Norwegian energy company Statoil has made the final investment decision to build the Hywind Scotland Pilot Park, the world’s first floating wind farm, offshore Peterhead in Aberdeenshire, after Scotland gave the project the go-ahead yesterday. The decision triggers investments of around NOK 2 billion (EUR 214 million), realizing a 60-70 percent cost reduction per MW from the Hywind demo project […]

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