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flag Denmark approved a 1-GW offshore wind farm, set for 2027 completion off Jutland, as part of its renewable energy push.

flag The 1-gigawatt Thor offshore wind farm off Jutland has been approved by Denmark and is scheduled to be completed in 2027. flag Construction is proceeding as planned. flag As part of Denmark's push for renewable energy, the project will be run by a joint venture between RWE and Norges Bank Investment Management. flag According to a Fraunhofer study, cross-border offshore wind projects in Denmark and Sweden could increase Germany's grid efficiency and reduce costs by 2045. flag Meanwhile, a Scottish wind farm was awarded a full-scope O&M contract. flag An investment agreement aiming at 300 gigawatts of offshore wind by 2050 was signed by nations and business leaders at the North Sea Summit. flag The agreement calls for the construction of 15 gigawatts per year, a 30% cost reduction, and the creation of €1 trillion in economic activity.

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