Permission has been granted to create the world's largest offshore wind farm 12 miles off the Kent coast in the United Kingdom .The project is eventually expected to have 1 gigawatt of energy generation capacity ,enough to supply power for around 750,000 homes --------or a quarter of Greater London homes.It could also dispalce the emissionof 1.9 million metric tons of CO2 every year . The announcement comes on the heels of the UK government planning to increase financial support for offshore wind power and provide EUR 10 million (USD15.24 million) in funding to develop offshore wind technolgoy The consortium building the project consists of Denmarke's DONG energy ,Germany based E.ON and the United Arab Emirates-based Masdar .The consortium will invest Eur 2.2billion (USD 3 billion )to build the first 630 megawatt-phase of the London Array offshore wind farm in the Thames Estuary . The wind generators farm is to be built 12 miles off the coast of Kent and Essex,installed on a 90-square-mile site being built in two phases .The consortium expects the first phase of 175 wind turbines,generating 630 MW,to be completed and generating power by 2012.The second phase aims to add enough capacity to bring the total to 1,000 MW.