A proposed multi-billion pound offshore wind farm will bring hundreds of jobs to Scotland and power more than one million homes, developers claim.

It would also provide up to 1000 construction recruitment opportunities in the country and be a major boost toward the Scottish government’s target of generating 100 per cent of its electricity demand from renewables by 2020.

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Proposal leaders, Moray Offshore Renewables, a joint venture company of EDPR and Repsol, is expect to submit an application to Marine Scotland next summer with an aim to begin building in 2015, reports Scotsman.com.

The wind farm would produce an impressive 1,500MW of wind power, which is around the same as a conventional power station. This amount of energy would easily service nearly half of the Scottish population.

Speaking on handing over the report proposal, Dan Finch, EDPR UK’s managing director, told STV.com: “The report examines some of the likely economic impacts of the project and demonstrates the size of the new market we will bring to the Moray Firth area, and to Scotland.

“We are keen to work with the government and business agencies which will be able to develop the supply chain and turn this new market into jobs and economic growth,” he said.