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Stake sold in troubled Skottarev offshore project
1 April 2008
Sweden's Falkenberg Energi, owned by Falkenberg municipality, has offloaded its 51% share in the troubled 90-150 MW Skottarev offshore project, saying it lacks the technical competence to go further with the 30 turbine development. Retaining an option to own five turbines if the project is built, it has sold its stake to project partner Agrivind, a subsidiary of Favonius, which now has complete ownership of the project. Skottarev has been tied up in the Swedish courts for more than four years just to secure planning permission. Agrivind has vowed not to give up. Falkenberg, meanwhile, is teaming up with E.ON and sinking SEK 2.8 million (EUR 298,000) into a project to test four 50 kW vertical axis, direct drive wind turbines. The turbines, designed by Mats Leijon and Hans Bernhoff of Vertical Wind, will be installed next year.
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