Hywind Scotland is the world's first commercial wind farm using floating wind turbines, situated 29 kilometres (18 mi) off Peterhead, Scotland. The farm has five 6 MW Siemens direct-drive turbines on Hywind floating monopiles, with a total capacity of 30 MW. It is operated by Hywind (Scotland) Limited, a joint venture of Equinor (75%) and Masdar (25%).

Equinor (then: Statoil) launched the world's first operational deep-water floating large-capacity wind turbine in 2009, the 2.3 MW Hywind, which cost 400 million NOK (US$71 million, $31/W). The 120 metres (390 ft) tall tower with a 2.3 MW Siemens turbine was towed from the Åmøy fjord and 10 kilometres (6.2 mi) offshore into the North Sea in 220 metres (720 ft) deep water, off of Stavanger, Norway on 9 June 2009 for a two-year test run, but remains working at the site while surviving 40 m/s (89 mph) wind speed and 19 m waves.

In 2015, the company received permission to install the wind farm in Scotland, in an attempt at reducing the cost relative to the original Hywind, in accordance with the Scottish Government's commitment for cost reduction. Manufacturing for the project, with a budgeted cost of NOK2 billion (£152m), started in 2016 in Spain, Norway and Scotland. The turbines were assembled at Stord in Norway in summer 2017 using the Saipem 7000 floating crane, and the finished turbines were moved to near Peterhead. Three suction anchors hold each turbine, measuring 16 metres in height, 5 metres in diameter, and weighing 300 tonnes each. Hywind Scotland was commissioned in October 2017.