German multinational RWE has signed an agreement with the Danish Energy Agency to build what is claimed will be the largest offshore wind farm in Denmark.
RWE will build the Thor Offshore Wind Energy Farm in the Danish North Sea as part of efforts by the Danish government to speed up the decarbonisation of the country’s energy system.
The project will see an investment of up to $419.7 million and will add 1GW of clean electricity on the Danish grid for security and reduced emissions, according to a statement.
The energy produced by the plant will be able to power over 1 million Danish households. RWE says Thor Wind Farm will enable the company to achieve its goal of tripling its renewables capacity by 2030.
RWE is already involved in the Danish Rødsand 2 offshore wind farm just south of Lolland.
