Abu Dhabi investment in Hywind Scotland pays dividends in green energy

The world's first floating offshore wind farm is now in production, and will provide clean energy to 20,000 Scottish homes, thanks to £52.5 million Masdar partner investment in Scottish renewable power.

“When complete, Hywind Scotland will be the first floating wind farm in the UK and its novel technology offers vast, global potential. This pilot project aims to take advantage of Scotland’s huge offshore wind resource by operating in waters exceeding 100 metres depth, demonstrating cost efficient and low risk solutions for commercial scale parks.”

Keith Brown, Scotland's cabinet secretary for the economy and fair work

Scotland's first floating offshore wind farm is now operational

Twenty-five kilometres offshore from Peterhead in Aberdeenshire, Hywind Scotland will now power around 20,000 Scottish households. The 30MW wind farm, operated by Norway's Equinor, in partnership with Masdar, is the first of its kind in the world.

Masdar, Abu Dhabi's renewable energy company, invested £52.5 million in Hywind Scotland last year, which means Masdar's UK electricity generating capacity is now 1.06GW. Equinor will remain the major shareholder and operator of the project.

Irene Rummelhoff, executive vice president of the New Energy Solutions business area at Equinor said: “Hywind can be used for water depths up to 800 meters, thus opening up areas that so far have been inaccessible for offshore wind. The learnings from Hywind Scotland will pave the way for new global market opportunities for floating offshore wind energy.

“Through their government's support to develop the Hywind Scotland project, the UK and Scotland are now at the forefront of the development of this exciting new technology. Equinor looks forward to exploring the next steps for floating offshore wind."

Hywind Scotland consists of five 6MW floating wind turbines anchored to the seabed. The average wind speed in this area of the North Sea is around 10 metres per second.

Mohamed Al Ramahi, CEO of Masdar said: “Masdar has a long-standing commitment to renewable energy in the United Kingdom, and we are immensely proud to deliver our first project in Scotland alongside our partners.

“Hywind Scotland is showing that floating wind technology can be commercially viable wherever sea depths are too great for conventional fixed offshore wind power. This opens up a number of new geographies, and we are already looking at future opportunities with our partners, building on our existing international portfolio in onshore and offshore wind energy, and solar power."

“The objective of the Hywind pilot farm is to demonstrate cost efficient and low risk solutions for future commercial-scale floating wind farms. This will further increase the global market potential for offshore wind energy.”

Irene Rummelhoff, executive vice president for new energy solutions at Equinor

Why global companies like Masdar and Equinor chose Scotland for their floating offshore investments

With 25% of Europe's offshore wind resource, we've got the natural resources needed to turn offshore wind into a competitive energy source. 

And our supply chain companies benefit from the skills and experience built up over decades supporting our oil and gas industry in the harsh environment of the North Sea. 

We're also committed to supporting the renewable energy industry in Scotland. That means we're here to help companies like yours invest in Scotland. 

Joining our renewable energy revolution means benefiting from financial support, competitive tax networks, and a highly developed infrastructure, including a mature network of energy ports.

In this section


California company, Xilinx has invested £4.9 million to develop technologies for wireless communication applications related to 5G.


HSBC, one of the world’s largest banking and financial services organisations, selected Scotland to establish a UK centre for its global risk and compliance operations.

Rooney Nimmo

Allan Rooney, a Scot in New York, didn't have to look far when expanding his legal firm with fellow Scot, John Nimmo. So, why were their Scottish roots so instrumental in growing their firm?


Discover why diabetes management leader, Dexcom, chose Edinburgh for its Europe, Middle East and Africa (EMEA) headquarters.


Skilled talent, access to risk capital and the support we offer to innovative companies, are among the top reasons that California satellite data specialists, Spire, chose to set up in Scotland.


China's iRes-Geo Technology Ltd opened its first Scottish base at Edinburgh's Heriot Watt University’s Research Park in 2016, taking on local talent to support its North Sea and global expansion plans.


Games and mobile developer Outplay Entertainment swapped the Golden Coast of California for the east coast of Scotland - here's why.


Significant investment in recent years confirms the company’s belief that Scotland is an excellent base for manufacture and export to global markets.


Steve Cassidy, Senior Vice President, Hilton UK & Ireland, talks about the progress of Scotland as a world-class business and leisure tourist destination and how easy and cost-effective it is to do business in Scotland.


Access to talent, skills training and digital technology helped London-based global business services firm, VeriCall choose Scotland as a location to scale up its operations.


Since opening its Global Centre of Excellence in August 2013, progressive global law firm Ashurst has found that Glasgow is the perfect location to expand its full range of business-critical functions. The firm is benefiting from the city’s high calibre graduates to help transform how it delivers its legal services to its clients across the globe.


Locating one of its research and development hubs in Dundee, Scotland, has delivered unexpected benefits for Colorado-based software business Cherwell.

Explore Scotland's renewables opportunities, backed by unrivalled support and a broad network of innovation.