March 18 (Renewables Now) - Norwegian wind power developer Norsk Vind Energi AS last week announced plans for the construction of a 1.5-GW onshore wind power complex at home without government subsidies.
The plant, which will rank among the largest ones in Europe, will be called Hordavind and will be located in Nordhordland district, western Norway.
The construction of the facility is planned to start in 2023, with its power expected to be priced at less than DKK 0.3 (USD 0.046/EUR 0.040) per kWh, according to Norsk Vind’s general manager Per Ove Skorpen. He noted that currently most of Norway’s wind parks are set up by foreign players but a change in the country’s legislation has now opened opportunities for investment in this sector by local companies, as well.
Once completed, the Hordavind wind farm will generate around 5.4 TWh of electricity per year, or enough to meet the demand of over 300,000 households, the Norwegian developer estimates.
(DKK 1.0 = USD 0.153/EUR 0.1334)