Reading Time: 1 minutes
RWE and TotalEnergies have joined forces to develop two large offshore wind projects off the German coast, totaling 4 GW of capacity. TotalEnergies will acquire a 50% stake in both projects, which were awarded to RWE during Germany’s recent offshore wind auction. Located 110 to 115 kilometers northwest of Borkum, the sites can each host offshore wind farms with 2,000 megawatts of capacity. Investment decisions are anticipated by 2027 and 2028, with construction set to start in 2029 and 2030.
Sven Utermöhlen, CEO of RWE Offshore Wind, said,“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. As a trusted partner in our Dutch offshore wind project OranjeWind, TotalEnergies shares our ambition to further drive the growth of offshore wind energy to accelerate the energy transition in Germany and beyond. Our RWE teams will bring their many years of experience and in-depth knowledge of the offshore wind industry to successfully develop and build the two wind farms.”
Olivier Jouny, SVP Renewables at TotalEnergies,added, “We are pleased to strengthen our ties with RWE, a key player in renewables and our partner in OranjeWind project in the Netherlands. This new partnership contributes to our integrated development in the German electricity market, the largest in Europe, and will enable TotalEnergies to provide green electrons to decarbonize the country’s electricity and industry.”
