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Companies

RWE & TotalEnergies to develop offshore wind projects off German Coast

RWE and TotalEnergies have entered into an agreement to jointly develop two major offshore wind projects off the German coast, with a combined capacity of 4 gigawatts (GW). As part of this deal, TotalEnergies will acquire a 50% equity stake in both projects from RWE.

Sven Utermöhlen, CEO of RWE Offshore Wind said, “We are delighted to welcome TotalEnergies onboard as our partner in the delivery of these large-scale offshore wind projects in our home market of Germany. As a trusted partner in our Dutch offshore wind project OranjeWind, TotalEnergies shares our ambition to further drive the growth of offshore wind energy to accelerate the energy transition in Germany and beyond. Our RWE teams will bring their many years of experience and in-depth knowledge of the offshore wind industry to successfully develop and build the two wind farms.”

Olivier Jouny, SVP Renewables at TotalEnergies said, “We are pleased to strengthen our ties with RWE, a key player in renewables and our partner in OranjeWind project in the Netherlands. This new partnership contributes to our integrated development in the German electricity market, the largest in Europe, and will enable TotalEnergies to provide green electrons to decarbonize the country’s electricity and industry.”

The two sites, N-9.1 and N-9.2, located about 110 to 115 kilometers northwest of the German island of Borkum, will each accommodate wind farms with a capacity of 2,000 megawatts. Investment decisions are expected by 2027 for N-9.1 and 2028 for N-9.2, with offshore construction likely to begin in 2029 and 2030, pending regulatory approvals and grid connections. Full commissioning is anticipated by 2031 and 2032.

RWE, already operating 19 offshore wind farms, including six off Germany’s coast, is currently building four additional large offshore wind projects: the 1.4 GW Sofia wind farm in the UK, the 1.1 GW Thor project in Denmark, and the 795 MW OranjeWind farm in the Netherlands, which is also in partnership with TotalEnergies. Additionally, RWE is developing the 1.6 GW Nordseecluster north of the island of Juist in Germany. The company plans to triple its global offshore wind capacity from 3.3 GW to 10 GW by 2030.