Siemens Energy consortium receives $4B wind power grid contract

Jan. 11, 2023
Siemens Energy and Dragados Offshore have been awarded a contract to build two converter systems for offshore wind energy grid connections in Germany.

By Reuters

BERLIN  Siemens Energy and Spain's Dragados Offshore have been awarded a contract worth more than 4 billion euros ($4.29 billion) to build two converter systems for offshore wind energy grid connections in Germany, the German company said in a statement on Tuesday.

Siemens Energy said the contract, which was awarded to the consortium of both companies by German transmission system operator Amprion, is the largest offshore grid connection order it has received to date.

Siemens Energy's share of the contract is around half of the total value, or about 2 billion euros, according to an industry source.

Up to 4 GW of green electricity from offshore wind farms in Germany can be transported in total, said the statement, enough to meet the needs of about 4 million people.

In July 2022, Siemens Energy and Dragados Offshore announced they planned to build the converters for Amprion Offshore's first two offshore grid connection systems, DolWin4 and BorWin4. The contract included two converters each in the North Sea and on land as well as their maintenance for 10 years. At the time, Siemens and Dragados said they plan to complete BorWin4 as early as 2028, one year earlier than originally scheduled. 

01.11.2023