July 11, 2018 / 9:17 AM / a year ago

ABB wins $150 million order for world's biggest offshore wind farm

A man takes pictures of the logo of Swiss power technology and automation group ABB ahead of a news conference to present the company's full year results, in Zurich, Switzerland, February 8, 2018. REUTERS/Moritz Hager

ZURICH (Reuters) - ABB (ABBN.S) has won orders worth more than $150 million (113.27 million pounds) from Danish energy company Orsted (ORSTED.CO) to supply technology to transmit wind energy from Hornsea Project Two, slated to be the world’s largest offshore wind farm.

The orders were booked in the second quarter of 2018, ABB said on Wednesday, and are the first part of a global five-year agreement for the supply of electrical and automation equipment for offshore and onshore wind power connection and integration to the grid.

Hornsea Two is a 1,400 megawatt (MW) project to develop wind resources in the North Sea about 100 km off the Yorkshire coast. Upon completion, it will be able to deliver enough clean electrical power to more than 1.3 million homes annually.

Reporting by John Revill; Editing by Michael Shields

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