Ørsted lands 100MW power purchase agreement for future German offshore wind farm

borkum offshore wind farm germany
The Borkum Riffgrund 3 offshore wind farm in the North Sea is expected to become operational in 2025 with an export capacity of 900 MW. (Coutesy: Ørsted)

Ørsted has reached a 10-year, 100-megawatt power purchase agreement with European retail giant REWE Group for renewable energy from a future German offshore wind farm.

The agreement will produce enough green power to equal the power consumption of 1,500 REWE stores, the companies said. The Borkum Riffgrund 3 offshore wind farm in the North Sea is expected to become operational in 2025 with an export capacity of 900 MW.

"The world urgently needs to shift to renewable energy to reduce carbon emissions. To achieve this systemic change, action is needed from governments, energy providers, and corporate energy customers," said Rasmus Errboe, Head of Region Continental Europe at Ørsted. "REWE Group has a long tradition of buying sustainable power, and by purchasing power from Borkum Riffgrund 3, they're supporting the build-out of affordable new renewable energy at industrial scale."

Borkum Riffgrund 3 offshore wind farm is located in the German North Sea near Ørsted's existing offshore wind farms Borkum Riffgrund 1 and Borkum Riffgrund 2.

By 2030, Ørsted aims to install 50 GW of renewable energy capacity worldwide, including 30 GW of offshore wind and 17.5 GW onshore wind and solar PV.

Subscribe to Renewable Energy World’s free, weekly newsletter for more stories like this

Previous articleLightsource bp targets 25 GW solar developments by 2025
Next articleBiden climate plans would cut emissions by 1 billion tons, study finds
John Engel is the Content Director for Renewable Energy World. For the past decade, John has worked as a journalist across various mediums -- print, digital, radio, and television -- covering sports, news, and politics. He lives in Asheville, North Carolina with his wife, Malia. Have a story idea or a pitch for Renewable Energy World? Email John at john.engel@clarionevents.com.

No posts to display