Wind Energy – Construction Facility
The Titan Group has made the final investment decision to build a state-of-the-art production facility for monopiles in Cuxhaven in Northern Germany.
Up to EUR 300 million will be invested with production ramp up in 2025. Monopiles with a diameter of up to 14 m, a length of 140 m and a weight of 3,500 tons will be produced to achieve the international offshore wind expansion targets.
The new Titan Wind Energy production facility will be among the most advanced in the world. With an annual production capacity more than 500,000 tons, which is urgently needed by the market, Titan Wind Energy will supply the offshore wind markets in the North Sea, Baltic Sea and the USA.