According to the Netherlands Enterprise Agency (NEA), the Dutch government has announced plans to launch a tender process for Borssele Wind Farm Site V in the North Sea in January.
According to the final version of the project site description (PSD) the government will issue the call for tender on 2 January 2018, while final bid submissions are due on January 18, 2018.
The tender will award a stimulation of sustainable energy production (SDE+) operating grant with a price cap of €54.49 per MWh, a permit and an investment subsidy. The total subsidy for the site is capped at €57 million, with the available investment grant capped at €42 million and the available operating grant capped at €15 million
The government expects to cut offshore wind costs by 40% by 2020 (compared with 2010 prices).
We have recently reported about other related offshore wind projects in the area:
A development consortium led by Shell is seeking European Investment Bank funding for the up to 740 MW Borssele 3&4 offshore wind farm in the Netherlands.
Read moreClimate Fund Managers (CFM) has announced the first close of Climate Investor One (CIO), at US$412 million.
Read moreNorthland Power Inc. has confirmed that the 600 MW Gemini offshore wind farm achieved full completion on April 28, 2017. The project was completed ahead of schedule and under its total budget of €2.8 billion (US$3.06 million).
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