RWE has signed a concession agreement with the Danish Energy Agency (Energistyrelsen) for the rights to build and operate the 1GW Thor offshore wind farm.
The concession grants the right to construct and operate the Thor offshore wind farm for 30 years.
Thor will be Denmark’s largest offshore wind farm to date and will be built off the Danish west coast.
It is scheduled to reach full operation in 2027.
RWE signed the concession agreement in the presence of the Danish Minister for Climate, Energy and Utilities, Dan Jorgensen, today.
Pål Coldevin (pictured, second from left), executive vice president for offshore development Nordics, Poland and Baltics at RWE Renewables, said: “Scandinavia, and Denmark in particular, are important strategic growth markets for us.
“Denmark not only has very favourable wind conditions, the country also has ambitions to deploy even more offshore wind power.
“We are looking forward to working with the Danish Government and other partners, and in the upcoming months we will be starting our preliminary surveys.
“With Thor, we have two projects off the Danish coast and this means that we are making a major contribution to Denmark’s energy transition.”
Jørgensen (pictured, third from left) added: “We built Denmark’s first offshore wind farm 30 years ago because we had a vision and a belief in the potential of offshore wind power.
“Today, we can see that further deployment is not solely driven by political ambition but also, to an entirely new degree, by strong market forces.”
RWE is already involved in the Danish Rødsand 2 offshore wind farm, which is located south of the Danish island of Lolland, approximately 10 kilometres southeast of Rødbyhavn.
The wind farm has an installed capacity of 207MW (RWE share: 20%) and has been in operation since 2010.