RWE, Siemens Unveil Plans for Giant Welsh Wind Farm

June 4, 2010
The proejct is to be completed in 2014, and supply 1,950 megawatts of electricity per year, enough to power 400,000 homes.

The German power company RWE and industrial group Siemens unveiled on June 4 a joint venture to build a giant British offshore wind farm worth more than two billion euros (US$2.4 billion.)

RWE's Innogy unit will own 60% of the project, while service provider SWM will take a stake of 30% and Siemens will hold the remaining 10%.

The wind farm has been dubbed Gwynt y Mor, which means sea wind in Welsh.

It is to be sited off the north coast of Wales, be completed in 2014, and supply 1,950 megawatts of electricity per year, enough to power 400,000 homes.

Siemens is to furnish 160 wind turbines and land connections and maintain the park for the first five years.

Copyright Agence France-Presse, 2010

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!