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$14 Billion Giant Wind Project To Be Launched By France

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Last week, the French government announced the launch of a $14.26 billion tender to build five different offshore wind farms. The goal is to reduce the country’s longstanding reliance on atomic power and to boost its renewable-energy industry.

As the French ecology and industry ministries said, the wind farms that have a total of around 1,200 wind turbines off the north and west coasts of France, will be capable to generate 3.5% of the country’s electricity. The wind farms are expected to go online between 2015 and 2020.

Currently, the France’s electricity is generated in proportion of almost 80% by nuclear energy. The nuclear disaster at Fukushima, Japan is on of the reasons why the French government turns its attention on renewable energy.

Analysts believe that this giant wind project makes France become a champion in wind energy. “The aim is to create a French industry and gain a leadership position in the world. We are calling for industry to mobilize to create a subsidiary of excellence,” said French Ecology Minister Nathalie Kosciusko-Morizet. This project is also expected to create around 10,000 green jobs.

[via Wall Street Journal]

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