GE and Drydocks World sign supply agreement for 2 GW Ostwind 4 offshore wind project
Type: Supply Agreement · Technology: Offshore Wind · Country: Germany · Announced: 2026-07-14
GE and Drydocks World signed a supply agreement to fabricate components for the 2 GW Ostwind 4 offshore wind project, with the first steel cut on 14 July 2026. The project will be located in the German Baltic Sea and includes a high‑voltage direct‑current (HVDC) link to connect the turbines to the onshore grid. Ostwind 4 will consist of 2 GW of offshore wind capacity, delivering renewable electricity to Germany's grid. The partnership leverages GE's turbine technology and Drydocks World’s shipyard expertise to accelerate the construction schedule. Fabrication is expected to proceed through 2028, after which installation of the foundations and HVDC cables will commence. No financial terms were disclosed, and the parties did not name advisors in the announcement.
Counterparties
- GE (Developer)
- Drydocks World (Supplier)