TotalEnergies will acquire 50 percent equity stake in two offshore wind projects off the German coast, boasting a combined capacity of 4 gigawatts (GW), from RWE. The collaboration follows RWE’s successful bid in the recent offshore wind auction in Germany, held in August.
“TotalEnergies is our partner in the delivery of 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 drive the growth of offshore wind energy and accelerate the energy transition in Germany and beyond,” Sven Utermohlen, CEO of RWE Offshore Wind, said.
“We strengthen our ties with RWE, a key player in renewables. This collaboration enhances our integrated development in the German electricity market — the largest in Europe,” Olivier Jouny, Senior Vice President of Renewables at TotalEnergies, said.
The two projects, located approximately 110 to 115 kilometers northwest of the German island of Borkum, are designated N-9.1 and N-9.2. Each site is capable of supporting offshore wind farms with a capacity of 2,000 megawatts.
Investment decisions for N-9.1 and N-9.2 are anticipated by 2027 and 2028, respectively. Pending the necessary permits and grid connection confirmations, offshore construction could commence in 2029 and 2030, with full commissioning aimed for 2031 and 2032.
RWE has established a strong presence in the offshore wind sector, operating 19 offshore wind farms, including six off the German coast. The company is currently constructing four large offshore wind farms: Sofia (1.4 GW) in the UK, Thor (1.1 GW) in Denmark, OranjeWind (795 MW) in the Netherlands in collaboration with TotalEnergies, and the Nordseecluster with a total capacity of 1.6 GW north of the island of Juist in Germany. RWE has set ambitious targets to triple its global offshore wind capacity from 3.3 GW today to 10 GW by 2030.