Denmark-based Dong Energy has awarded a turbine supply contract to Siemens for the 580MW Race Bank offshore wind park in the UK.
Under the terms of the contract, Siemens will supply, erect and commission 91 of its 6MW direct drive wind turbines at the facility.
The wind project is located 32km away from the British eastern coast. It is expected to be completed by early 2018.
The German conglomerate is predicted to start installation of the turbines during the spring of 2017. This contract is a part of the frame agreement signed between the two companies in 2012.
Once commissioned, the facility will have the capacity to supply enough green energy for nearly 400,000 UK households.
Siemens will also offer its services for the facility for a period of five years in co-ordination with Dong Energy.
The wind turbines for the plant will have a rotor diameter of 154m and will be erected on monopile foundations in water depths between 6m and 26m.
The German company has been trying to reduce the costs of renewable energy generation and has set a target to bring it down to less than ten euro-cents per kWh by 2020.
Siemens Wind Power and Renewables offshore CEO Michael Hannibal said: "We are working hard to bring the costs of offshore wind energy down to make it competitive with other sources of power generation."
According to a recent study published by Renewable UK, costs for offshore wind power generation has fallen by 11% in the last five years.
"Thus, the offshore industry is fully on track to meet the 2020 cost targets." Hannibal added.