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German Wind Sector Welcomes Offshore Terminal Funding

marinesalvage by marinesalvage
June 15, 2024
in Tug&Barge&Salvage
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German Wind Sector Welcomes Offshore Terminal Funding
© Fokke Baarssen / Adobe Stock

© Fokke Baarssen / Adobe Stock

The German Offshore Wind Energy Foundation stated the federal government’s resolution to assist fund the growth of an offshore terminal is essential to realize growth objectives for wind power at sea.

In a press release late Friday, the muse stated it welcomed a authorities transfer to contribute to the prices of increasing the terminal on the port of Cuxhaven, on the North Sea coast.

The authorities has agreed to finance the 30-hectare (74 acres) growth of the offshore terminal, along with the state of Lower Saxony and the non-public port business, at a value of round 300 million euros ($324.15 million), a authorities spokesperson stated on Saturday.

“The expansion of the Cuxhaven port is a central project for the expansion of renewable energies,” stated Stefan Wenzel, parliamentary state secretary on the Federal Ministry for Economic Affairs and Climate Action.

Germany’s BWE energy affiliation on Wednesday known as for the federal government to take growth prices under consideration in its nationwide ports technique to fulfill the nation’s power transition plans.

Transport Minister Volker Wissing this week stated the federal authorities was dedicated to its duty for ports, together with financially.

The German Offshore Wind Energy Foundation estimates that as much as 200 hectares of extra heavy-duty space can be required by the tip of the last decade only for the development of latest offshore wind farms. This corresponds to 270 soccer fields, it stated.

(Reuters – Reporting by Emma-Victoria Farr; Editing by Mike Harrison)

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