Winners announced for offshore wind auction of 1.8 GW

RWE Clean Energy, Vattenfall, and Waterkant Energy has emerged as winners of the offshore wind tenders in an auction conducted by Bundesnetzagentur, a German federal network agency. As per the notification, the projects are worth $862.2 million and comprises four wind farms aggregating 1.8 GW in the North Sea of Germany. The federal maritime and hydrographic agency, Bundesamt für Seeschifffahrt und Hydrographie (BSH), pre-examined the locations for the wind farms, which will be situated at four different locations in the North Sea region.

RWE’s Nordseecluster B has secured the contracts for sites N-3.5 and N-3.6 with a capacity of 420 MW and 480 MW, respectively. It will develop two wind farms with a total capacity of 900 MW. The two wind farms are scheduled to commence operations in 2029. RWE also secured a provisional project of capacity 630 MW to be developed at N-6.6 site. The project is located 50 km north-west of the Nordseecluster. Additionally, Vattenfall secured step-in rights along with the option of joining the bid for the development of project. The deadline to exercise rights is September 14, 2023. While, Waterkant Energy has secured the contract for site N-6.7. This site has no entry right.

The projects are scheduled to be commissioned in 2028. Furthermore, the total tender value is required to be paid to transmission system operator in annual instalments for a period of 20 years.

In July 2023, RWE Clean Energy announced eight long-term power purchase agreements) with Dominion Energy Virginia to supply solar power totaling 300 MW. RWE will supply power from its seven solar projects, generating 750,000 MWh of clean energy. All of the projects are located in the US state of Virginia.