The British subsidiary of the Iberdrola Group and the port authority Peel Ports Great Yarmouth have signed an agreement to reserve the site and carry out this assignment.
ScottishPower Renewables has selected Peel Ports Great Yarmouth as its port of choice for pre-assembly on the 960MW East Anglia Two offshore wind farm.
The HIPERWIND project has developed new design simulation models that reduce the levelized cost of energy by up to 9%, thus making offshore wind turbine construction and operation more cost-effective and reliable.
The work is already in full swing in Korsnäs off the west coast of Finland where one of the most significant industrial projects in the country is in progress.
Pier Wind would allow for the staging, storage and assembly of some of the world's largest offshore wind turbines, standing as tall as the Eiffel Tower.
Trump’s previous comments criticizing offshore wind have dented market sentiment, with shares of companies such as Orsted, the largest offshore wind developer, falling significantly.
On Monday, November 4, the Swedish government announced, to the surprise of many, the cancellation of 13 offshore projects with a total capacity of 32 GW, all located in the Baltic Sea.