Wednesday 31 August 2022

Overseas Company Invests In Hunter Offshore Wind Farm Project

 BY IAN CROUCH

A Norwegian oil and gas company has bought into three proposed offshore wind farms in NSW, including one off the coast on Newcastle.

EQUINIOR has teamed up with Australian developer, OCEANEX which wants to develop offshore projects including the $10 billion, 2000 megawatt Novocastrian Wind Farm.

It will feature about 130 turbines located 30 kilometres off the Hunter coast.

OCEANEX expects the project will create 300 full time jobs over it's 30 year life span.

Norwegian company Equinor is investing in the proposed Novocastrian Wind Farm