RWE has signed a concession agreement with the Danish Energy Agency (Energistyrelsen) to construct and operate the 800 MW Thor offshore wind farm for 30 years.
With a planned capacity of around 1,000 MW, the project will be Denmark’s largest offshore wind farm to date. It will be built off the Danish west coast and is expected to reach full operation in 2027. Once fully operational, the project will be capable of producing enough green electricity to supply the equivalent of more than one million Danish households.
The agreement will add a further 1 GW of green electricity to Danish power sockets. This project will be the first Danish offshore wind farm built without State aid and is expected to generate DKK2.8 billion (US$424.47 million) for the Danish Government.