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Home›Business & Finance›Japanese Company to Acquire Stake in Dutch Nature-Inclusive Offshore Wind Farm
Business & Finance

February 2, 2024 · about 2 years ago

Japanese Company to Acquire Stake in Dutch Nature-Inclusive Offshore Wind Farm

Eneco and Chubu Electric Power have signed an agreement that will see the Japanese company acquiring a 30 per cent stake in Ecowende, a joint venture between Eneco and Shell that is developing a large-scale offshore wind farm at the Hollandse Kust West Site VI in the Netherlands. In the Ecowende joi

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Hollandse Kust Noord first power

The 760 MW offshore wind farm, which will be built approximately 53 kilometres off the coast of IJmuiden, will be able to produce enough electricity to meet around 3 per cent of the current demand for electricity in the Netherlands.

In December 2023, Eneco announced that the company signed a long-term power purchase agreement (PPA) for the yet-to-be-built offshore wind farm with the supermarket chain Albert Heijn , which plans to meet half of its power needs through the PPA as of 2027.

Ecowende has also just signed a corporate power purchase agreement (CPPA) with Google for the Hollandse Kust West VI offshore wind farm. As reported on 1 February, Google has reserved 478 MW of energy capacity from two offshore wind farms currently owned by Shell and Eneco in the Netherlands to help the company’s Dutch data centres and offices reach more than 90 per cent carbon-free energy in 2024.

Related Article

Google Signs Its Largest Offshore Wind PPAs to Date

The Ecowende offshore wind farm, which will comprise 54 wind turbines, is scheduled to become operational in 2026.

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