French-German duo wins mega offshore wind energy project / Photo: Damien MEYER - AFP/File
-
Stocks torn between AI optimism, Fed rate warning
-
US Treasury in talks with Argentina on $20bn support
-
Monchi exit 'changes nothing' for Emery at Aston Villa
-
Taiwan lake flood victims spend second night in shelters
-
Europe ready for McIlroy taunts from rowdy US Ryder Cup fans
-
US comedian Kimmel calls Trump threats 'anti-American'
-
Australia win tense cycling mixed relay world title
-
Stokes will be battle-ready for Ashes, says England chief
-
Iran will never seek nuclear weapons, president tells UN
-
Zelensky says NATO membership not automatic protection, praises Trump after shift
-
Becker regrets winning Wimbledon as a teenager
-
'Mind-readers' Canada use headphones in Women's Rugby World Cup final prep
-
Rose would welcome Trump on stage if Europe keeps Ryder Cup
-
AI optimism cheers up markets following Fed rate warning
-
France doubles down on threat to build future fighter jet alone
-
Delay warning issued to fans ahead of Trump's Ryder Cup visit
-
EU chief backs calls to keep children off social media
-
US Treasury says in talks to support Argentina's central bank
-
'Everything broken': Chinese residents in typhoon path assess damage
-
Inside Barcelona's Camp Nou chaos: What is happening and why?
-
UK police arrest man after European airports cyberattack
-
Ballon d'Or disappointment will inspire Yamal: Barca coach Flick
-
French-German duo wins mega offshore wind energy project
-
Italy deploys frigate after drone 'attack' on Gaza aid flotilla
-
Typhoon Ragasa slams into south China after killing 17 in Taiwan
-
NASA launches mission to study space weather
-
Stocks torn between Fed rate warning, AI optimism
-
Russia vows to press offensive, rejects idea Ukraine can retake land
-
French consumer group seeks Perrier sales ban
-
Photographer Arthus-Bertrand rejects image of 'fractured France'
-
Gaza civil defence says dozens killed in Israeli strikes
-
Pakistan's Shaheen sends Asia Cup warning as third India clash looms
-
Amazon to shut checkout-free UK grocery shops
-
Typhoon Ragasa hits south China after killing 15 in Taiwan
-
Russia vows to press on in Ukraine, rejects Trump jibe
-
Germany's Merz rejects claims he is slowing green shift
-
Sinner says 'changing a lot' after US Open loss to Alcaraz
-
Russia-linked disinfo campaign targets Moldovan election
-
Danish PM to apologise to victims of Greenland forced contraception
-
Wiretapping scandal goes to court in Greece
-
Ekitike apologises to Liverpool fans after 'stupid' red card
-
UK rail operators set for new EU border checks
-
Markets waver after Wall St drop, Alibaba soars
-
S. Korea's ex-first lady goes on trial in corruption case
-
Modern-day Colombian guerrillas are mere druglords: ex-FARC commander
-
Australian telco giant slapped with $66 million fine over 'appalling' conduct
-
TV host Kimmel says 'anti-American' for govt to threaten comedians
-
Massive sinkhole in Bangkok street forces evacuations
-
Alcaraz expects Sinner to come back stronger after US Open loss
-
Japan PM says Palestine state recognition 'when not if'
NYSE - LSE
| RBGPF | -1.74% | 75.29 | $ | |
| CMSD | -0.12% | 24.292 | $ | |
| CMSC | -0.33% | 24.07 | $ | |
| BCC | -0.47% | 78.6 | $ | |
| SCS | -1.11% | 16.685 | $ | |
| RIO | 0.49% | 63.885 | $ | |
| RELX | -0.09% | 46.43 | $ | |
| RYCEF | 0% | 15.75 | $ | |
| NGG | -0.11% | 71.28 | $ | |
| GSK | -0.87% | 40.17 | $ | |
| JRI | -0.54% | 13.965 | $ | |
| BCE | -1.22% | 22.96 | $ | |
| VOD | -0.58% | 11.295 | $ | |
| AZN | -0.96% | 75.25 | $ | |
| BTI | -1.6% | 52.353 | $ | |
| BP | 1.86% | 35.4 | $ |
French-German duo wins mega offshore wind energy project
French energy multinational TotalEnergies and German energy group RWE have won a contract to built a large offshore wind energy project with a potential to supply the equivalent of one million households with electricity, the French government said Wednesday.
The project, called "Centre Manche 2", will be France's largest-ever renewable energy installation.
TotalEnergies in a separate statement put the overall investment at 4.5 billion euros ($5.3 billion), making the deal the company's biggest French contract in three decades.
The offshore farm is to go onstream in 2033, and will take France's total wind energy production, either already in operation or in development, to 7.8 gigawatts, the energy ministry said.
France's four currently operational wind farms each produce under 500 megawatts, the same output level as the two wind farms currently being built.
France hopes to generate 45 gigawatts in offshore wind energy by 2050.
By 2030 already, French wind energy is to produce the electricity needs equivalent of two million French households, the ministry said.
TotalEnergies already runs offshore wind energy projects in Germany, Britain, South Korea, Taiwan, the US and the Netherlands as the group raise its investment in renewables.
Some 2,500 people will be employed during the three years of the Centre Manche 2 construction.
TotalEnergies has promised to spend 45 million euros on efforts to mitigate the environmental impact of the projet, and to ensure that it does not harm the local fishing businesses.
P.Mathewson--AMWN
