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· 2 years agoWorld’s 1st artificial island to provide 3.5GW wind energy to 3 million homes
The first of the island’s caissons, or foundations, are currently being built in Vlissingen (the Netherlands).
The European Investment Bank (EIB) has agreed to provide Elia Transmission Belgium (ETB) a $702 million (€650 million) grant to help it build the world’s first artificial energy island.
The artificial energy island, according to the details provided by Elia, will aim to provide Belgium with 3.5GW of new offshore wind capacity so as to enable its transmission to green energy.
The funds have been allocated for the realization of the first phase of the Princess Elisabeth Island project.
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