ABP, a Dutch pension fund, created the Noordzeker partnership to invest in large-scale wind energy in the North Sea. The group will use the funds to submit bids for major wind farm construction projects in the North Sea. Additionally, it stated that IJmuiden Ver will be the first offshore wind farm for which Noordzeker will issue a tender. The Dutch government will begin registration by the end of 2023 at IJmuiden, which is around 200 sq km in size and 60 km off the coast. In the first half of 2024, it is anticipated that it will be clear to whom the project will be awarded.

Earlier this month, RWE won the tender to build the 700 MW Hollandse Kust West (HKW) VII project in the North Sea. The 700 MW HKW VII is one of the two designated sites in the 1.4 GW HKW offshore wind farm zone, and it is situated about 53 km off the Dutch coast. Hollandse Kust West VII would be able to produce 760 MW of renewable energy powering around one million Dutch households. In addition, green hydrogen would be created using HKW VII energy in combination with electrolysers and other flexible demand solutions like e-boilers and battery storage.