What is Germany considering to counter China's dominance in offshore wind infrastructure, and how much financial support is under discussion?

Germany is considering backing the construction of an offshore wind power-conversion platform in the Baltic Sea to counter China’s dominance in renewables infrastructure, with the government weighing up to €300 million ($348 million) in loan guarantees for a consortium led by Siemens Energy AG, Smulders, and Neptun Werft.

Which companies won the tender for the 2-gigawatt converter platform, and what key advantage did their bid have over competitors?

The consortium comprising Siemens Energy AG, Belgian construction firm Smulders (a subsidiary of French Eiffage), and German shipbuilder Neptun Werft won the tender; their bid was selected because it required less steel and featured an optimized design that proved superior to competitors such as Spain’s Dragados Offshore.

Germany Mulls Backing Wind Platform to Counter China Competition

Jun 16, 2026

Germany considers €300 million in loan guarantees for a Siemens-led consortium to build an offshore wind converter platform in the Baltic Sea, aiming to counter Chinese dominance in renewable infrastructure. The initiative revives European manufacturing of energy components using optimized designs.

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Germany Mulls Backing Wind Platform to Counter China Competition

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