Masdar and RWE secure UK offshore wind Contracts for Difference, advancing delivery of Dogger Bank South projects
United Arab Emirates, Jan. 14 -- Abu Dhabi Future Energy Company PJSC - Masdar, a global clean energy leader, and RWE, a global leader in renewable energy, have been awarded Contracts for Difference (CfDs) for the DBS (Dogger Bank South) offshore wind farms. The CfDs were awarded at a strike price of £91.20/MWh.DBS comprises two 1.5GW projects, DBS East and DBS West, together forming one of the UK's largest offshore wind projects currently under development. Representing an £11 billion investment, the projects would strengthen UK energy security, accelerate power sector decarbonisation, and support regional supply chains and skilled jobs across coastal communities.Masdar and RWE will continue to work with stakeholders to progress ...
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