RWE, Luxcara Winners of German 5.5 GW Offshore Wind Tender

August 12, 2024, by Adrijana Buljan

RWE and Luxcara have been selected as winners of the latest German tender, offering a total of 5.5 GW of capacity across three sites, N-9.1, N-9.2, and N-9.3, all located in the German North Sea.

RWE has secured the sites N-9.1 and N-9.2, where the company plans to build two offshore wind farms with an installed capacity of 2 GW each, possibly with TotalEnergies.

Sven Utermöhlen, CEO RWE Offshore Wind, said: “With today’s success, we are adding two more large-scale wind farms to our already strong German offshore wind portfolio, and we look forward to realising the new projects – possibly with TotalEnergies. Our teams are already in the starting blocks”.

RWE will pay a total bid price of EUR 250 million for the two offshore wind sites, where offshore construction could start in 2029 and 2030, with full commissioning planned for 2031 and 2032.

The 1.5 GW site N-9.3 was awarded to Waterekke Energy, a company owned by the German developer Luxcara which is developing the Waterkant offshore wind project in the German North Sea.

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Germany’s Federal Network Agency (Bundesnetzagentur; BNetzA) launched the tender for the three centrally pre-investigated areas in the North Sea in February this year.

The three sites are located about 110 kilometres northwest of Borkum Island, bordering the Netherlands’ exclusive economic zone.

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BNetzA said on 12 August that a total of five bids were submitted for the sites: one for site N-9.1 and two each for N-9.2 and N-9.3.

While RWE disclosed its total bid amount, the federal agency did not publish the bid prices saying it would then be possible to calculate the prices paid by the successful bidders and the law does not provide for these prices to be published.