UK-based renewable energy firm RWE Renewables and Canadian power company Northland Power have formed a joint venture (JV) structure, through which they plan to co-develop a 1.3GW cluster of offshore wind farms in the German North Sea.
The cluster will feature three offshore wind facilities that are expected to come online between 2026 and 2028.
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It will be located north of the island of Juist, near Northland and RWE’s 332MW Nordsee One wind farm.
Under the terms of the agreement, RWE Renewables will hold a 51% share in the JV, with the remaining 49% being held by Northland Power.
RWE Renewables Offshore Wind CEO Sven Utermöhlen said: “Germany has set itself ambitious climate targets, thereby establishing a significant growth potential for renewable energies.
“Offshore wind power plays a central role in this and is indispensable for supporting the decarbonisation of industry in particular.”
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By GlobalDataThe offshore cluster will include the 433MW N-3.8 site (previously known as Nordsee 2), as well as the N-3.5 site (Nordsee 3) and the N-3.6 site (Delta Nordsee 1&2).
The N-3.5 site has 420MW of capacity, while the N-3.6 site’s total capacity amounts to 480MW.
RWE and Northland have already secured the N-3.8 site through a German offshore wind auction last year, with the other two sites expected to be auctioned next year.
The partners intend to unlock synergies while developing and operating the offshore cluster to bolster their position in the German offshore market.
Northland Power president and CEO Mike Crawley said: “We are proud to enhance our partnership with RWE to form the cluster to further strengthen our position in the North Sea.
“This cluster will provide us with significant size and scale and allows us to support the decarbonisation efforts in Germany.”
Last month, RWE secured a concession to develop the Thor offshore wind project in Denmark.
