Sumitomo, RWE Team Up in UK Offshore Wind Farm Project

Aradhana Aravindan
Tuesday, September 29, 2020

Japanese trading house Sumitomo Corp said on Tuesday it had tied up with RWE AG for the German utility's 353-megawatt Five Estuaries offshore wind farm project in the UK, with an aim to start commercial operations in 2030.

RWE said on Monday it had secured lease agreements to develop four offshore wind farm extension projects in Britain, including Five Estuaries which is adjacent to the 353 MW Galloper wind farm, in which Sumitomo owns a 12.5% stake.

Sumitomo has also taken 12.5% stake in the new development project, a spokesman said without disclosing the terms of the deal. RWE owns a 25% stake in the project, while other partners hold the rest.

The Japanese company is involved in other offshore wind farms in the UK, Belgium, and France. Its offshore wind power generation capacity through equity holdings would increase to 590 MW when the new project is completed, the spokesman said. 

(Reporting by Yuka Obayashi; Editing by Rashmi Aich)

Categories: Energy Industry News Offshore Wind Activity

Related Stories

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

Seatrium Makes First Turnkey FPSO Delivery to Petrobras

Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand

PTTEP Hires Energy Drilling’s Rig for Southeast Asia Offshore Job

Petrovietnam, Partners Sign PSC for Block Off Vietnam

Japan Protests China’s New Oil and Gas Construction Activities in East China Sea

Current News

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

CNOOC Finds Oil and Gas in South China Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com