EEW Group and Sumitomo Corporation Formalize Strategic Partnership in Offshore Wind Sector

Credit:EEW

EEW Group and Sumitomo Corporation have officially solidified their strategic partnership with the signing of a cooperation agreement aimed at expanding their joint activities in the offshore wind sector, particularly focused on the EEW SPC facility in Rostock, Germany.

Since 2008, EEW Group has been manufacturing monopiles at the Rostock port, which are used as foundations for offshore wind turbines. The new collaboration between EEW and Sumitomo seeks to establish climate-neutral production of monopiles and further advance sustainable energy generation through offshore wind power.

Christoph Schorge, Managing Partner of EEW Group, and Hiroyuki Koike, Chief Executive of Sumitomo Corporation Europe, signed the agreement during a ceremony at the Rostock site.

Schorge commented on the partnership, saying, “The offshore sector offers us some promising projects. By joining forces, we will actively drive the expansion of green energy and further strengthen our leading position in the industry.”

Koike echoed Schorge's sentiments, emphasizing the importance of teamwork and innovation, stating, “Innovation thrives through teamwork. We aim to collectively create a green energy cycle and build an emissions-free future.”

As part of the agreement, Sumitomo Corporation has acquired a capital stake in EEW Offshore Wind Holding, effective July 1, 2024. Despite the new partnership, the majority shares of EEW Group will remain with the owner families, Schorge and Dietze.

EEW SPC is currently producing monopiles for three major offshore wind projects: Sofia in the UK, Coastal Virginia in the USA, and Thor in Denmark. Upon completion of these projects in early summer, EEW will move forward with the Baltica 2 project in Poland and the Nordlicht project in German waters.

With the new strategic partnership, EEW Group gains access to Sumitomo's expertise in the international steel market, strengthening its capabilities and positioning in the offshore wind sector.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with the Most Important News

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use