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Vattenfall has announced that it has been awarded the permit for the Hollandse Kust Zuid offshore wind farm. To be located 22.2km off the west coast of the Netherlands, spanning a 356 km2 site, the wind farm will have a total capacity of 700-750 MW and produce renewable electricity for between 1 and 1.5 million homes.
Vattenfall bid for this project in the Netherlands' first non-subsidised tender.
According the tender rules, the wind farm needs to be fully operational within 5 years after an irrevocable permit. Vattenfall will now make the final preparations for the project including the design of the wind farm, continuation of the internal planning and finalizing the tender process for major components.
Vattenfall's award concerns sites I and II of the Hollandse Kust Zuid wind farm zone. Subsidies and permits for sites III and IV, which will each have a capacity of 350 MW, will be tendered this year. TSO TenneT will build grid connections and construct two offshore substations in the wind farm zone.
This will be Vattenfall's second offshore wind project in the Netherlands. The company owns a 50% stake in the 108 MW Egmond aan Zee project, which began operating in October 2007. The wind farm is located off the west coast of North Holland and generates enough electrical power for about 100,000 Dutch households.
The Hollandse Kust Zuid project forms part of the company's plan to invest SEK13 billion (EUR 1.5 billion) in growth investments in wind power for the period 2017-2018.
It will also contribute significantly to the Dutch government's aim of producing 4.5 GW renewable energy from offshore wind farms by 2024.
Dutch multinational banking and financial services firm ING has launched a Sustainable Investments fund, committing EUR100 million of capital to support sustainable ’scale-ups’ with a proven concept and a positive environmental impact. The OECD definition of a scale-up is a company with an average annualized return of at least 20% in the past 3 years with at least 10 employees in the beginning of the period.
Read moreThe Dutch Ministry of Economic Affairs and Climate Policy has held the country's first zero-subsidy offshore wind tender. The tender, described as a huge breakthrough by the Minister of Economic Affairs and Climate Policy, concerned sites I and II of the Hollandse Kust (Zuid) off-shore wind farm. It closed on 21 December 2017.
Read moreVattenfall has announced that it has agreed to will supply 1.5 TWh of electricity annually to AkzoNobel in the Netherlands. The new agreement concerns AkzoNobel’s chemical production sites in Delfzijl, Hengelo and Rotterdam.
Read moreSaba Electric Company N.V. (SEC) has launched a tender for a solar power plant of at least 1 MW and battery storage of at least 1.5 MWh on the Dutch Caribbean island of Saba. This will be Saba's second solar power plant.
Read moreThe consortium Blauwwind II C.V., comprising Shell, Eneco, Van Oord, and Diamond Generating Europe, a wholly-owned subsidiary of Mitsubishi has secured project financing from the European Investment Bank (EIB) for the up to 740 MW Borssele 3&4 offshore wind farm in the Dutch part of the North Sea.
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