EuropeOffshoreRenewables

RWE forms Spanish floating wind partnership with Ferrovial

Germany’s RWE has teamed up with Spanish engineering and construction firm Ferrovial to jointly develop, built and operate floating offshore wind farms off the Spanish coast.

Spain has set a target of 3 GW of installed capacity by 2030 in order to become a leading European market for floating offshore wind. Ferrovial has so far submitted expressions of interest for four wind farms in the country, totaling 1.75 GW. The company intends to construct these infrastructures in Lugo, Pontevedra, Gerona, and Gran Canaria, between 11 and 30 kilometers from the coast.

The companies have signed a memorandum of understanding in order to set up the terms of a final agreement.

Sven Utermöhlen, CEO of RWE Offshore Wind, said: “Spain has been an important core market for RWE to grow our solar and onshore business for many years. Now we are excited to go one step further. Floating offshore wind is key to meeting the increasing demand for renewable power in Europe, delivering sustainability solutions, supporting local industries and creating new, future-proof jobs.”

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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