Page 15: of Marine Technology Magazine (May 2016)

Statoil Enters German Offshore Wind Market tatoil entered the German offshore wind market via a 50 percent acquisition of the Arkona offshore wind farm.

SStatoil and E.ON also announce the ? nal investment de- cision on the 385MW project. The estimated total investment for the project will be in excess of $1.2 billion.

The Arkona wind farm will provide renewable energy for up to 400,000 households in Germany, making it one of the larg- est ongoing offshore wind developments in Europe.

The addition of Arkona increases the total energy production capacity of the offshore wind projects in Statoil’s portfolio by around 50 percent, and the company’s own production capac- ity by 65 percent. The projects now have a combined capacity of more than 1,100 MW, supporting more than 1 million Eu- ropean homes with renewable energy.

“Statoil is an established player in offshore wind, leveraging our more than 40 years of experience from offshore oil and gas projects to create value,” said Irene Rummelhoff, Statoil´s (Credit: Statoil ASA) executive vice president for New Energy Solutions.

The Arkona wind farm will be located in the Baltic Sea, 35 km northeast of the Rügen island in Germany, southwest of E.ON will have responsibility for building and operating the the Danish island of Bornholm. It will consist of 60 six-MW wind farm. Up to 400 people will help build the wind farm turbines, to be mounted on monopile foundations installed at during the two-year construction phase. Start of electricity water depths of 23 to 37m. production is expected in 2019. www.marinetechnologynews.com

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