By Giulia Petroni 
 

Siemens Gamesa Renewable Energy SA (SGRE.MC) said Thursday that it will supply Equinor ASA (EQNR.OS) with the world's largest floating wind power plant.

The Spanish renewable energy company said the plant, which will power offshore oil and gas platforms, will have a total capacity of 88 megawatts and will be located about 140 kilometers offshore Norway. The project is scheduled to be commissioned in late 2022, the company said.

By reducing the use of gas turbines on the fields, the project will help cut CO2 emissions by more than 200,000 tons per year, according to Siemens Gamesa.

No financial details were provided.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

October 31, 2019 06:48 ET (10:48 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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