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Check out the giant ship critical to building the world's biggest offshore wind farm - TL;DR CNBC

Check out the giant ship critical to building the world's biggest offshore wind farm

Publishing timestamp: 2023-10-16 02:40:16


Summary

The Dogger Bank Wind Farm, located in the North Sea, has produced its first power and is on its way to becoming the world's largest offshore wind farm. The installation of the GE Vernova Haliade-X turbines, which stand 260 meters tall, required extensive planning and the use of the specialist vessel Voltaire. The project is being carried out in three phases and will have a total capacity of 3.6 gigawatts, powering millions of homes. However, the success of the offshore wind industry relies on a well-run and reliable supply chain, which requires significant investment. Delays and uncertainties in projects can have costly consequences for the industry.


Sentiment: NEUTRAL

Tickers: GESPM-IT

Keywords: western europewind power generationgeneral electric corenewable energyclimatesaipem spabusiness newseurenewable power generationenvironmentenglandalternative and sustainable energyenergybusinesswind farmbelgiumnorth seawind power

Source: https://www.cnbc.com/2023/10/16/voltaire-the-giant-ship-critical-to-building-dogger-bank-wind-farm.html


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