Vattenfall wants to develop offshore wind projects in Norway

Offshore windPhoto: Nicholas Doherty / Unsplash

The state-owned Swedish energy giant Vattenfall is initiating a collaboration with Norwegian company Seagust to develop offshore wind power in Norway.

The Swedish company announced the news in a press release.

“With its enormous wind potential, Norway is an attractive market, and we are very pleased with the increasing support for wind power from the Norwegian government,” Helene Biström, who heads Vattenfall’s wind power department, stated.

This will be the first time the company has entered the wind power market in Norway. Biström says it is too early to say how large the investments will be.

“If we succeed with our goals, it is a total of tens of billions of kroner,” she told Dagens Industri.

Source : © NTB Scanpix / #Norway Today / #NorwayTodayFinance

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