A major offshore wind farm, set to be the largest on the planet, took another leap forward Thursday with SSE Renewables and Equinor announcing the completion of a deal to finance the project.

Once completed, the Dogger Bank Wind Farm in Britain — a 50:50 joint venture between the two firms — will have a total capacity of 3.6 gigawatts (GW).

The first two phases, Dogger Bank A and Dogger Bank B, will be built simultaneously, with each having a capacity of 1.2 GW.

World’s Largest Offshore Wind Farm Seals Financing Deal Worth $8 Billion | Devamı>>>

Danish energy firm Orsted and TSMC, a Taiwan-headquartered semiconductor company which supplies businesses such as Apple, have signed a deal described as “the world’s largest renewables corporate power purchase agreement.” Announced Wednesday, the 20-year deal will see TSMC – also known as Taiwan Semiconductor Manufacturing Company – purchase all the energy produced by Orsted’s yet-to-be-built 920-megawatt offshore wind farm off Taiwan.

The fixed price contract will come into force when commercial operations at the facility begin.

Orsted Inks Huge Renewable Energy Deal With Semiconductor Giant TSMC | Devamı>>>