In its results for the first half of 2024, RWE detailed on the project and the cancellation, and said the company planned to participate in one of the upcoming solicitations.
“Negotiations were concluded with no final awards being made as the wind turbine manufacturer announced that the class of wind turbine originally envisaged for the project was no longer available. Using a different model would have increased the development costs, making the offtake agreement non-viable. We now plan to participate in one of the upcoming invitations to tender in 2024 and 2025 to secure a new contract with conditions reflecting the change”, RWE states in the H1 2024 results document.
The 1,314 MW Community Offshore Wind project is planned to be developed as the first of multiple phases located within the lease area in the New York Bight that the joint venture between RWE Renewables and National Grid acquired in the federal auction in 2022.
The entire lease area can house 3.2 GW of installed offshore wind capacity.
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