Equinor to build 200 MW floating wind farm in Canary Islands

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Equinor ASA has been granted an approval to build a 200 MW floating offshore wind farm off the coast of the Canary Islands.

Equinor will invest more than EUR860 million (US$ 962.2m) in the project over the course of several years and create 120-200 jobs during the 20-year lifespan of the wind farm. 

If no other developers respond to the solicitation, Equinor expects to start working on obtaining the necessary permits for the project by the end of the 2019 and put the wind farm into operation in 2024.

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