Vattenfall and BASF speed up development of offshore wind turbines
24/04/2024
Vattenfall and BASF intensify their collaboration in renewable energy with a new offshore wind project in the North Sea, targeting a combined capacity of 1.6 gigawatts.
Vattenfall and BASF intensify their collaboration in renewable energy with a new offshore wind project in the North Sea, targeting a combined capacity of 1.6 gigawatts.
RWE completes the acquisition of three offshore wind projects from Vattenfall in the UK: Norfolk Vanguard West, Norfolk Vanguard East, and Norfolk Boreas.
Vattenfall and Borealis sign their first renewable hydropower purchase agreement.
German industrial demand for green power purchase agreements far outstrips supply, stimulating large-scale solar development.
Swedish giant Vattenfall is pulling the plug on development of the Norfolk Boreas offshore wind project in the UK due to rising costs, undermining the UK’s renewable energy ambitions. Difficult market conditions, including a stressed supply chain and inadequate tax frameworks, are prompting the Group to reassess its wind power projects in the Norfolk region.
Vattenfall strengthens its commitment to solar energy in Germany with the acquisition of Solizer, adding 4 GW of solar projects to its portfolio. This expansion supports Vattenfall’s vision of enabling a life without fossil fuels, by meeting growing customer demand for low-cost solar energy and contributing to the transformation of Europe’s energy system.
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