Friesland Council approves investment for offshore development
Friesland's Council has approved the proposed €127 million (US$138 million) investment in the 320 MW Windpark Fryslân, an offshore wind farm of the Dutch Province of Friesland.
The Province and the developers are expected to sign the official cooperation agreement, which will allow the province to control a minority stake in the project, on 15 May. Back in November 2016, the two parties signed a Memorandum of Understanding (MoU) with the resulting approval by the Provincial Council.
Once the developers secure the funding for the entire project and the construction works start, the funds will be transferred. This is expected in the second half of 2018 while the farm is expected to produce its first power in 2021.
Being developed by Ventolines BV on behalf of Windpark Friesland BV, the project has already seen a €7 million ((US$7.6 million) investment through the Province's subsidiary Funs Skjinne Fryske Enerzjy.
The wind farm located in the Frisian part of the IJsselmeer lake will comprise 89 turbines.
Country news
-
-
April 11, 2017
Greenko raises US$155 million in Equity funding
Greenko Energy Holdings (Greenko), an Indian renewable energy company, has announced the signing of definitive agreements for a primary equity raising of US$155 million from an affiliate of GIC and an entity that is ultimately wholly-owned by the Abu Dhabi Investment Authority (ADIA).
Read more -
March 28, 2017
Financial close for 102 MW Windpark Krammer
Windpark Krammer, a 102 MW wind power generation facility located in the Netherlands, has successfully reached financial close.
Read more -
March 17, 2017
Friesland province to invest in 320 MW Friesland offshore wind project
The Provincial Executive of the northwestern Dutch province of Friesland and the developers of the 320 MW Friesland offshore wind park in the Netherlands have reached an in-principle agreement on an investment in the project.
Read more -
January 27, 2017
Canadian Solar and Wirsol commission 30 MWp solar plant in Netherlands
Canadian Solar Inc. has announced that Wirsol has started the commercial operation of a 30MWp solar photovoltaic power plant in Delfzijl, Netherlands, for which Canadian solar has supplied the panels.
Read more -
January 05, 2017
Shell to build Dutch Borssele III & IV offshore wind farms
A consortium of Royal Dutch Shell, Eneco, Diamond Generating Europe, a 100% subsidiary of Mitsubishi Corp, and Van Oord have won a tender for the construction and operation of Dutch offshore windfarms Borssele III & IV.
Read more
