Dong Energy has taken a final investment decision to begin construction on Hornsea Project One offshore wind project in the UK.
The new project is being developed with a capacity of 1.2GW and will provide electricity to around one million homes in the country.
The wind project is in line with the firm’s strategy of installing 6.5GW by 2020. The firm was awarded a contract for the project in April 2014.
Dong Energy CEO Henrik Poulsen said: "Hornsea together with Race Bank, Westermost Rough and Lincs will make up a giant production area off the British east coast, supporting our efforts to deliver green and independent energy to society."
Located 120km off the Yorkshire coast, the project will feature around 150 and 332 wind turbines.
The project is expected to create around 2,000 jobs during its construction phase, as well as 300 additional jobs to carry out the operations.
UK Government energy secretary Amber Rudd said: "Dong Energy’s investment shows that we are open for business and is a vote of confidence in the UK and in our plan to tackle the legacy of under-investment and build an energy infrastructure fit for the 21st century."
"This project means secure, clean energy for the country, jobs and financial security for working people and their families, and more skills and growth boosting the Northern Powerhouse."
In February 2015, Dong Energy acquired Hornsea project from co-owner SMart Wind, which sold its 66.66% ownership stake in the offshore development.
Image: Dong Energy to start construction on the One offshore wind farm. Photo: courtesy of The Crown Estate.