Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo

Your trusted source for global offshore energy news, part of the Navingo network.

Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Wind Farms›Germany: Windreich Makes No Extra Costs for Consumers
Wind Farms

November 26, 2012 · about 14 years ago

Germany: Windreich Makes No Extra Costs for Consumers

The construction and connection to the grid of Windreich’s North Sea projects Global Tech I, Deutsche Bucht and MEG 1 are running right on schedule. This makes Windreich AG the only project planner that hasn’t caused any additional burden for the consumers. “The largest investment is needed for the

1 minutes read
  • LinkedIn
  • X
  • Email

The construction and connection to the grid of Windreich’s North Sea projects Global Tech I, Deutsche Bucht and MEG 1 are running right on schedule. This makes Windreich AG the only project planner that hasn’t caused any additional burden for the consumers.

“The largest investment is needed for the construction of offshore wind farm components such as wind turbines, substation, construction and logistics park cabling, which must be completely contractually defined. All these contracts require high down payments, worth tens of millions. Because Windreich AG has done this homework early, the Agency was able to instruct TenneT to build the appropriate network connections. Through this neat project planning from the beginning Windreich AG avoided causing any damages to the end customers. This means no negative impact on the price of electricity, “ said Willi Balz, founder, CEO and sole shareholder of Windreich AG.

[mappress]

Offshore WIND staff, November 26, 2012; Image: global tech

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Wind FarmsNews

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1Electrical fault triggers oil output deferral and rig intervention plans at Karoon’s Brazilian field
  2. 2TotalEnergies’ Caspian Sea gas and condensate field expansion is a go
  3. 3TotalEnergies earmarks annual spend of up to $17 billion over next five years
  4. 4Fugro performs ultra-deepwater AUV survey off East Malaysia

Daily Offshore Energy News in Your Mailbox

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free