The planned European Offshore Wind Deployment Centre (EOWDC) will feature 11 wind turbines with a total capacity of 92.4 MW.
The project is conceived as a centre for testing and development of new offshore wind power technologies.
Construction is planned to begin in late 2017, with the first power generation expected in spring 2018.
Vattenfall is to invest SEK3m ($348m) in the project, which has been developed since 2013 by its local partner Aberdeen Renewable Energy Group. Vattenfall will now become sole owner of the project.
The investment decision comes on the heels of the Brexit referendum and Vattenfall said it demonstrates the company’s continuing long-term commitment to wind power in the UK.
Magnus Hall, Vattenfall’s CEO, said the project “underscores our long-term aim to extend our wind power capacity in Great Britain. The British government wants wind power to continue making up a significant part of the country’s climate-neutral electricity generation. We aim to be a part of this development and grow in Great Britain.”
Image credit: Vattenfall/Robin Dawe, Perfectly Clear Marketing