Sweden's Vattenfall has won the Netherlands' second subsidy-free offshore wind tender, gaining the right to build the 760 MW Hollandse Kust Zuid (HKZ) 3 & 4 offshore wind farm. The latest tender success comes less than a year after Vattenfall won the same rights for the 700 MW HKZ 1 & 2 offshore wind project. In addition to receiving no government subsidies, Vattenfall will pay around €2m ($2.25bn) in ground rent for the wind farms' seabed locations. Offshore wind is one of the most promising renewable energy sources and it can provide significant amounts of clean energy.
Sweden's Vattenfall has won the Netherlands' second subsidy-free offshore wind tender, gaining the right to build the 760 MW Hollandse Kust Zuid (HKZ) 3 & 4 offshore wind farm. The latest tender success comes less than a year after Vattenfall won the same rights for the 700 MW HKZ 1 & 2 offshore wind project. In addition to receiving no government subsidies, Vattenfall will pay around €2m ($2.25bn) in ground rent for the wind farms' seabed locations. Giles Dickson, CEO of WindEurope, said the auction demonstrated the offshore industry's competitiveness.