Close Menu
    What's Hot

    Shopify CEO Tobi Lütke Used AI to Build His Own MRI Viewer

    March 13, 2026

    Crypto Price Prediction Today 13 March – XRP, Pi Coin, TRUMP

    March 13, 2026

    Travis Kalanick Launches New Robotics Company Atoms With Manifesto

    March 13, 2026
    Facebook X (Twitter) Instagram
    Hot Paths
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    Facebook X (Twitter) Instagram
    Hot Paths
    Home»Markets»Futures & Commodities»German wind power sector welcomes government offshore terminal funding By Reuters
    Futures & Commodities

    German wind power sector welcomes government offshore terminal funding By Reuters

    Press RoomBy Press RoomMarch 23, 2024No Comments2 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email

    © Reuters. FILE PHOTO: A view shows a nacelle of a wind turbine on a truck for heavy haulage being transported near a wind farm, in Biegen, Germany August 31, 2023. REUTERS/Lisi Niesner/File Photo

    By Emma-Victoria Farr

    FRANKFURT (Reuters) -The German Offshore Wind Energy Foundation said the government’s decision to help fund the expansion of an offshore terminal is important to achieve expansion goals for wind energy at sea.

    In a statement late Friday, the foundation said it welcomed a government move to contribute to the costs of expanding the terminal at the port of Cuxhaven, on the North Sea coast.

    The government has agreed to finance the 30-hectare (74 acres) expansion of the offshore terminal, together with the state of Lower Saxony and the private port industry, at a cost of around 300 million euros ($324.15 million), a government spokesperson said on Saturday.

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

    Germany’s BWE power association on Wednesday called for the government to take expansion costs into account in its national ports strategy to meet the country’s energy transition plans.

    Transport Minister Volker Wissing this week said the federal government was committed to its responsibility for ports, including financially.

    The German Offshore Wind Energy Foundation estimates that up to 200 hectares of additional heavy-duty area will be required by the end of the decade just for the construction of new offshore wind farms. This corresponds to 270 football fields, it said.

    ($1 = 0.9255 euros)

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Press Room

    Related Posts

    Oil steadies as markets weigh Russia sanctions and glut forecasts

    November 18, 2025

    Japan warns citizens in China about safety as diplomatic crisis deepens

    November 18, 2025

    Gold prices retreat on strong dollar amid Trump tariff uncertainty By Investing.com

    January 27, 2025
    Leave A Reply Cancel Reply

    LATEST NEWS

    Shopify CEO Tobi Lütke Used AI to Build His Own MRI Viewer

    March 13, 2026

    Crypto Price Prediction Today 13 March – XRP, Pi Coin, TRUMP

    March 13, 2026

    Travis Kalanick Launches New Robotics Company Atoms With Manifesto

    March 13, 2026

    Are We Working for AI? HR Leaders on the Future of Work

    March 13, 2026
    POPULAR
    Business

    The Business of Formula One

    May 27, 2023
    Business

    Weddings and divorce: the scourge of investment returns

    May 27, 2023
    Business

    How F1 found a secret fuel to accelerate media rights growth

    May 27, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!

    Archives

    • March 2026
    • February 2026
    • January 2026
    • December 2025
    • November 2025
    • October 2025
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • May 2023

    Categories

    • Business
    • Crypto
    • Economy
    • Forex
    • Futures & Commodities
    • Investing
    • Market Data
    • Money
    • News
    • Personal Finance
    • Politics
    • Stocks
    • Technology

    Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

    We're social. Connect with us:

    Facebook X (Twitter) Instagram Pinterest YouTube

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Buy Now
    © 2026 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.