News

Vattenfall snatches second major German offshore wind project from RWE - Recharge

Recharge · last updated

Vattenfall snatches second major German offshore wind project from RWE | Recharge

Vattenfall has used its ‘step-in rights’ to snatch a 630MW German offshore wind farm from local player RWE, after pulling the same trick last year with an even larger project.

Vattenfall snatches second major German offshore wind project from RWE

The Swedish developer held the right to buy the project at the same price as RWE having helped develop it at an earlier stage

14 September 2023 14:32 GMT Updated 14 September 2023 14:32 GMT
By

View full article

Related Knowledge Center: ENERGY BASICS: wind

State of Play

Decades of government support for the development of wind energy has resulted in lower costs and a rapidly growing share of electricity generated by wind turbines. Wind in 2019 accounted for 7.3 percent of electrical generation, surpassing for the first time hydropower at 7.0 percent. 

More information

here today, more tomorrow

We’ve launched briefing.center with a focus on the press and media.

And we’ve added Citizen Cartwright, a daily quick-read news summary by veteran Washington journalist Linda Cartwright. We’ve also created a new voting rights knowledge center for Citizen Cartwright subscribers. (You can sign up for a dedicated morning email at citizencartwright.com.)

You can sign up here for full access to press and media and Citizen Cartwright on briefing.center.

You can use briefing.center as the center of your information management, or just one of your tools. We’re happy to discuss your information needs.

Sign up