Cop28: Rishi Sunak announces £11bn deal for world’s largest wind farm
- Germany's RWE and UAE's clean energy developer Masdar have signed an agreement to build a 3 GW wind project off the coast of Britain, worth £11 billion .
- The project, consisting of two 1.5 GW wind farms, aims to support Britain's goal of increasing its offshore wind capacity to 50 GW by 2030.
- Construction of the Dogger Bank South offshore wind project is expected to start in 2025, with full capacity achieved by late 2031.
6 Articles
6 Articles
RWE and Masdar to co-develop giant British offshore wind project
Germany's RWE has signed an agreement with the UAE’s clean energy developer, known as Masdar, to develop a 3 gigawatt (GW) wind project off the coast of Britain, capable of powering around 3 million homes, the companies said on Friday.
COP28: Sunak unveils £11bn deal for UK's Dogger Bank wind farm
A “massive” deal has been struck between energy firms RWE and Masdar to invest up to £11bn in the UK’s Dogger Bank wind farm, Rishi Sunak has said. The Prime Minister said the agreement included the funding commitment between the UAE-state owned and German-based renewable energy firms in what will be the world’s biggest wind farm. Speaking at a press conference at COP28 in Dubai, United Arab Emirates (UAE), Sunak told reporters: “This is a huge …
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