Titan Group Invests €300 Million in XXXL Monopile Facility in Cuxhaven, Germany

The has finalized its investment decision to construct a production facility for XXXL monopiles in Cuxhaven, Northern , committing up to €300 million to the project, the company announced.

Scheduled to ramp up production by 2025, the facility aims to manufacture monopiles with diameters of up to 14 meters, lengths of 140 meters, and weights of 3,500 tons, crucial for meeting international wind expansion targets, according to the company.

Over 600 jobs will be created by the new Titan Wind Energy production site, touted as one of the world's most advanced facilities of its kind.

The factory will boast an annual production capacity exceeding 500,000 tonnes, supplying the North Sea, , and US offshore wind markets.

Construction of the plant, which includes welding and coating halls and heavy-load preparation floors, is set to commence in mid-2024. A 320,000 square meter storage area is also under development to support monopile production and logistics.

Titan Group founder and CEO Junxu Yan emphasized, “Titan is determined to be part of the solution to achieve the global net zero target,” highlighting the strategic importance of the Cuxhaven investment in their offshore wind expansion strategy.

Stefan Wenzel, Parliamentary State Secretary at the Federal Ministry for Economic Affairs and Climate Action, underscored the significance of the investment for Germany's offshore wind industry and industrial transformation, stating, “Offshore wind energy is a key technology for the energy transition.”

Olaf Lies, Lower Saxony's Minister of Economic Affairs, pointed out that the investment not only supports energy transformation but also creates new employment opportunities, reinforcing Cuxhaven's role as a pivotal hub for Germany's clean energy sector.

Uwe Santjer, Lord Mayor of Cuxhaven, welcomed the investment as a boost to the city's stature in the offshore industry, enhancing its international prominence and positioning it as a key European hub for offshore wind production.

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