UAE – Mubasher: Abu Dhabi Future Energy Company (Masdar) and RWE joined forces to develop the Dogger Bank South (DBS) Offshore Wind Farms, according to Emirates News Agency (WAM).

The Development Consent Order (DCO) application has been accepted into the UK Planning Inspectorate examination phase.

The DBS East and DBS West offshore wind farms are expected to provide electricity for up to three million typical UK homes. They are located in shallow waters on the Dogger Bank over 100 kilometres off the northeast coast of England.

Meanwhile, the joint projects will have up to 200 turbines with a combined estimated capacity of 3 gigawatts.

RWE and Masdar’s investment during development and construction is forecast to deliver an economic contribution to the UK of around EUR 1 billion, including EUR 400 million in the Humber region.

Sven Utermöhlen, CEO of RWE Offshore Wind, commented: “Our partnership with Masdar underscores our shared commitment to driving forward the UK's renewable energy agenda, supporting jobs, and delivering substantial economic benefits to the region."

Husain Al Meer, Director of Global Offshore Wind at Masdar, said: “We are delighted that, together with our partners RWE, we have taken this significant step toward advancing our offshore wind capacity in the UK, one of our key strategic markets.”

RWE will be leading development, construction, and operation on behalf of the project partners RWE with a 51% share, while the remaining 49% stake will be owned by Masdar.

In June, Masdar acquired a majority stake in Greece-based Terna Energy at an enterprise value hitting EUR 3.20 billion.