Opportunity
The Merkur wind farm will help Germany to meet its 2030 target to reduce greenhouse gas emissions by 55% against 1990 levels.
The numbers are impressive: Rotor blades 246 feet (75 meters) long will drive 6-megawatt generators, roughly three times more powerful than the biggest machines on the market a decade ago.
Solution
For GE Energy Financial Services, we performed a technical, environmental, and social risk review of the project for one of the backers. This included technical assessment of all involved in the project and the financing, design, construction and management of the project itself.
Outcome
The Merkur wind farm will produce 1,750 gigawatt-hours of renewable electricity a year, which will be transported via 47 miles (75 kilometers) of high-voltage offshore cables and 56 miles (90 kilometers) of onshore underground cables to 500,000 European households.
The Merkur array is a major step in Germany’s "Energiewende" transition to a low-carbon, nuclear-free economy.