RWE, a German energy major, has won development consent from the Secretary of State for Energy Security and Net Zero, Claire Coutinho, for its 500 MW plus Awel y Mor offshore wind project in Welsh waters. Reportedly, RWE will develop Awel y Mor in a joint venture with Stadtwerke München, which owns a 30 percent stake, and Siemens Financial Services, which owns a 10 percent stake.
Furthermore, the partners still await a marine licence from Natural Resources Wales to progress to the construction phase. The 50-turbine Awel y Mor will be constructed off the north Wales coast, west of the already operational Gwynt y Mor offshore wind farm of 576 MW. Its completion is expected to happen before the end of the decade.
In September 2023, EDF Renewables acquired SAS Energy, a solar energy provider for the commercial and industrial sectors. On September 15, SAS Energy became a fully owned subsidiary of EDF. EDF now owns more than 45 projects, both in development and construction. Reportedly, the two companies had a pre-established relationship.