After winning the tender for the construction and operation of the 1 GW Thor offshore wind farm last month, RWE has now signed a concession agreement with the Danish Energy Agency (DEA) and the Danish Government.
The concession grants RWE the right to build and operate the offshore wind farm for 30 years, during which time the project will also generate income for Denmark, instead of requiring subsidies itself – making this the first offshore wind farm in the world to be built with payments to the state , according to the DEA.