RWE Renewables has teamed up with Masdar to explore co-development of offshore wind farms in a number of countries.
The memorandum of understanding follows the signing of the Climate Action and Industry Accelerator Growth Pact (ESIA) between Germany and the United Arab Emirates
As part of the ESIA, Masdar will actively explore offshore wind opportunities in Germany’s North and Upper Baltic Sea, with sights set on up to 10GW renewable energy production capacity by 2030.
RWE and Masdar already own stakes together in the 630MW London Array offshore wind farm, which has been operating off southeast England since 2012.
“By leveraging our two companies’ extensive expertise in this sector, we can help other nations to meet their offshore wind targets, transition to clean energy sources, and meet their net-zero objectives,” said Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar.
Markus Krebber, CEO of RWE AG, added: “I am very pleased that we will join forces with Masdar, a known and reliable partner to RWE for years in our London Array offshore wind farm. Together we will explore the potential for widening the scope of our partnership in offshore wind to further projects.”