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RWE and TotalEnergies Partner for 4GW Offshore Wind Projects

2024-10-09 10:37

Wedoany.com Report-Oct 09,  German energy company RWE has partnered with TotalEnergies to develop two offshore wind projects with a combined capacity of 4GW off the German coast.

TotalEnergies will acquire a 50% equity stake in both projects from RWE, marking a significant collaboration in the renewable energy sector.

The agreement follows RWE’s successful bid for the sites during Germany’s offshore wind auction held in August 2024.

The sites, identified as N-9.1 and N-9.2, are situated between 110km and 115km northwest of Borkum Island and have the potential to host 2GW each.

Investment decisions for the projects are set for 2027 for N-9.1 and 2028 for N-9.2.

Subject to obtaining the necessary permits and grid connection confirmation, offshore construction could therefore commence in 2029 and 2030.

Full commissioning of the wind farms is planned for 2031 and 2032 respectively.

RWE offshore wind CEO Sven Utermohlen stated: “We are delighted to welcome TotalEnergies onboard as our partner in the delivery of these large-scale offshore wind projects in our home market of Germany.

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