Vattenfall invests €1bn in German offshore wind project

clock • 2 min read

It may have shelved some of its UK plans, but that has not stopped the Swedish utility stepping up investment in Germany's offshore wind sector

Just days after announcing that it had postponed plans to extend the Thanet wind farm off the coast of Kent, Swedish utility Vattenfall has confirmed that it will invest more than €1bn (£880m) in one of...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Electrification is the UK's economic lifeline

Electrification is the UK's economic lifeline

Faster, more coordinated electrification can deliver significant and lasting economic benefits, writes Bev Cornaby from Corporate Leaders Group (CLG) UK

Bev Cornaby, Corporate Leaders Group (CLG) UK
clock 16 June 2026 • 3 min read
Smart tariffs have saved Octopus Energy customers almost £1bn since 2017

Smart tariffs have saved Octopus Energy customers almost £1bn since 2017

More than one million customers have benefitted from Intelligent Octopus Go, Agile Octopus, and Cosy Octopus tariffs, energy firm reveals

Stuart Stone
clock 16 June 2026 • 2 min read
'Profound shift': Ninety per cent of businesses expect to be largely electrified by 2035

'Profound shift': Ninety per cent of businesses expect to be largely electrified by 2035

Landmark poll of business leaders in 18 countries shows overwhelming business support for clean electrification drive in response to fossil fuel volatility and escalating climate risks

Stuart Stone
clock 15 June 2026 • 6 min read