TotalEnergies and EnBW gain sites in $3.2bn German offshore wind auction
26 June 2024
TotalEnergies and utility EnBW have emerged as winners in a $3.2bn German offshore wind site auction, securing rights to develop wind farms with a combined capacity of 2.5GW.
The auction was conducted by the German energy regulator, the Federal Network Agency.
EnBW has been awarded a contract to develop a 1GW offshore wind farm in the North Sea, to be operational by 2031.
Located 120km northwest of Heligoland, the wind farm will supply electricity to 1.35 million households.
EnBW CEO Georg Stamatelopoulos stated: “Winning the auction represents another important milestone in the restructuring of our generation portfolio.
“We want to expand renewable energy capacity to between 10GW and 11.5GW by 2030 and be a climate-neutral company by 2035.
Related
-
Malaysia’s Malakoff eyes small hydropower projects in Uzbekistan’s rivers and canals
17 April 2025
-
Vietnam, China ink pivotal deals on railway, road cooperation
17 April 2025
-
European Commission approves €400m for renewable hydrogen in Spain
17 April 2025
-
Acciona, Cimic team win $3.5bn rail project in Australia
17 April 2025
-
UK Government takes control of Chinese-owned British Steel plant
17 April 2025
-
Bulgaria signs offshore oil, gas exploration deal with Shell
16 April 2025