The Nordlicht wind farm area is located 85 kilometres north off the island of Borkum in the German North Sea and consists of two separate locations: Nordlicht 1 and Nordlicht 2.
Vattenfall has made the final investment decision on the Nordlicht 1 and 2 offshore wind farms. BASF secured access to long-term supply of renewable electricity.
Shares of Dajin Heavy Industry rose after the Chinese supplier of structural components for offshore wind projects secured a USD135 million order from a European offshore wind farm.
Hanbando Offshore Wind will launch the Environmental Impact Assessment and other key permits, conduct site investigations and initiate the main engineering studies.