Projekt says it has made a down payment for 96 turbines destined for the 288MW project, to be sited 90 kilometres west of the island of Sylt. It has also signed an agreement for close cooperation with Vestas Offshore "in making this project a success."
The wind station is expected to generate 1.1TWh/year, or 11.5GWh/ turbine/year with the turbines thus expected to operate at the equivalent of 3,825 hours at full capacity each year. Construction of the station is due to begin in 2011, says Projekt.
The development phase of the project has been financed with a venture capital fund set up by Projekt-Ökovest in 2004.