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AquaSector Project is a 300MW offshore wind power project. It is planned in North Sea, Schleswig-Holstein, Germany. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2028 and is expected to enter into commercial operation in 2030. Buy the profile here.

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Description

The project is being developed and currently owned by Equinor, NV Nederlandse Gasunie, RWE Renewables and Shell. The owners have 25% stake in the project respectively.

Development status

The project construction is expected to commence from 2028. Subsequent to that it will enter into commercial operation by 2030.

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About Equinor

Equinor ASA (Equinor), formerly Statoil ASA, is an energy company. It explores for, develops, and produces hydrocarbons. It operates refineries, processing plants, storage and terminals, and has interests in various oil and gas pipelines. The company markets, trades, and transports crude oil, condensate, natural gas, natural gas liquids, and refined products. It also has presence in solar farm, offshore wind, carbon capture and storage and hydrogen projects with focus on renewable energy and low carbon solutions. Equinor has major operations on the Norwegian continental shelf. It has operations in Europe, North and South America, Africa and Asia-Pacific regions. Equinor is headquartered in Stavanger, Norway.

About NV Nederlandse Gasunie

NV Nederlandse Gasunie (Gasunie) is a natural gas infrastructure and transport company that provides energy infrastructure services. The company provides regulated transport services through the gas transport network in Germany and the Netherlands and other infrastructure services. It manages and develops gas infrastructure and gas trading platforms including gas transport networks, gas storage, international transit pipelines, LNG infrastructure, energy systems, and virtual gas trading platforms. Through holding interests in various trading parties, it also trades natural gas across Europe. The company also offers management and maintenance of underground infrastructural systems, construction, and consultancy services. Gasunie is headquartered in Groningen, the Netherlands.

About RWE Renewables

RWE Renewables GmbH, a renewable company that engaged in the operation of wind farms, photovoltaic plants and battery storage facilities. The company is headquartered in Essen, Germany.

About Shell

Shell plc (Shell), formerly Royal Dutch Shell Plc, is an integrated oil and gas company. The company explores for and produces oil and gas from conventional fields and sources such as tight rock, shale and coal formations. It operates refining and petrochemical complexes across the world. Shell’s product offerings include lubricants, bitumen and liquefied petroleum gas; and petrochemical products such as raw materials for plastics, coatings and detergents. The company is a major producer of biofuel in Brazil. The company also has interests in various liquefied natural gas (LNG) and gas to liquids (GTL) projects. The company markets its products directly and indirectly through distributors in Europe, Asia, Oceania, Africa, North America, and South America. Shell is headquartered in London, England, the UK.

This content was updated on 10 November 2023

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.