Article: First floating wind turbine goes live.

Byline: news@cpifinancial.net (Staff Writer)

The world's first full-scale floating wind turbine - StatoilHydro's Hywind pilot, has been set up in the North Sea, 10 kilometres south-west of Karmoy island. The floating wind turbine has been delivered within budget and on schedule.

StatoilHydro is investing about NOK 340 million ($58 million) in the project, with Enova providing NOK 59 million ($10 million). The latter is a state-owned company which promotes environment-friendly changes to energy production and use in Norway.

Hywind comprises a 2.3-megawatt wind turbine installed on a traditional floater of the kind previously used for such ...

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