Wind Energy – First Electricity
Yesterday evening, the first wind turbine of the EnBW He Dreiht offshore wind farm generated its first kilowatt-hour of electricity and fed it into the grid.
[Read more…] about Germany’s largest offshore wind farmTenaz announces acquisition of North Sea gas assets
Fossil Energy – Gas Assets
Canada’s public energy company Tenaz Energy has acquired a private company holding interests in an offshore development on the border between the Dutch and German sectors of the North Sea.
[Read more…] about Tenaz announces acquisition of North Sea gas assetsTenneT secures equity funding for TenneT Germany
General – Finance
Today, TenneT Holding has reached an agreement with three large institutional investors in Europe regarding their investment in TenneT Germany: APG (investing on behalf of Dutch pension fund ABP), Singapore sovereign wealth fund GIC, and Norges Bank Investment Management (NBIM).
[Read more…] about TenneT secures equity funding for TenneT GermanyThe Netherlands and Germany sign treaty on North Sea gas production
Fossil Energy – Treaty
The Netherlands and Germany have signed a bilateral treaty on the joint and responsible exploitation of hydrocarbon fields in the territorial waters north of the Ems-Dollard area.
[Read more…] about The Netherlands and Germany sign treaty on North Sea gas productionRWE, Apollo forming JV to invest in German Grid
General – New JV
Apollo yesterday announced that Apollo-managed funds and affiliates have agreed to commit €3.2 billion of equity to a newly established joint venture with RWE, Germany’s largest power producer and a global leader in renewable power generation.
[Read more…] about RWE, Apollo forming JV to invest in German GridGreen light to go ahead with Energy Island Bornholm
General – Energy Island
Yesterday the Danish minister for Climate, Energy and Supply Lars Aagaard announced that Energy Island Bornholm is close to becoming a reality.
[Read more…] about Green light to go ahead with Energy Island BornholmBASF and Equinor confirm strategic partnership
General – Partnership
BASF and Equinor have signed a long-term strategic agreement for the annual delivery of up to 23 terawatt hours (around 2bcm) of natural gas over ten years.
[Read more…] about BASF and Equinor confirm strategic partnershipGermany invests in Philippines
Wind Energy – Investment
Germany is making a US$6.7B investment in the Philippines for 3,260 MW of offshore wind energy.
[Read more…] about Germany invests in PhilippinesTotalEnergies secures 1GW German wind auction
Wind Energy – Germany
In a clear signal of its expanding commitment to the energy transition, French energy giant TotalEnergies has won the rights to develop a 1-gigawatt (GW) offshore wind project in Germany’s North Sea.
[Read more…] about TotalEnergies secures 1GW German wind auctionOffshore hydrogen pipeline between Germany and UK
General – Hydrogen
German transmission system operator GASCADE Gastransport (GASCADE) and Great Britain’s Gas National Transmission System (NTS) operator National Gas have signed a Memorandum of Understanding (MoU) to explore the feasibility of establishing a hydrogen corridor between the UK and Germany in the North Sea through an offshore pipeline interconnection.
[Read more…] about Offshore hydrogen pipeline between Germany and UK