Developer OX2 and local investor Ålandsbanken Fondbolag have extended an existing cooperation agreement to a second giant offshore wind project off the Finnish archipelago of Åland.
The early development projects – Noatun Syd and Noatun Nord – would jointly produce some 40 terawatt hours of electricity, which corresponds roughly to an installed capacity of 8GW.
It is also sufficient for the annual consumption of eight million households.
