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Major Offshore Wind Project Part of Swedish Renewable Energy Surge

A Sweden-based renewable energy developer, in partnership with the investment arm of Ingka Group–the biggest IKEA retailer–has been issued a permit for construction of a 5.5-GW offshore wind project that would be built in the Baltic Sea.

OX2 AB and Ingka Investments on April 3 said officials in Gotland, Sweden, gave the companies a Natura 2000 permit for the Aurora project. The permit means that authorities think the wind farm can be built without disruption to the environment.

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