FREDERICIA, Denmark – Amazon has signed a 10-year corporate power purchase agreement (CPPA) with Ørsted for the output of 250 MW from the latter’s planned 900-MW Borkum Riffgrund 3 offshore wind farm in the German North Sea.
The 250-MW CPPA, the largest ever for offshore wind in Europe, is expected to help Amazon achieve its target of being 100% renewable by 2030 and net zero carbon by 2040.
Borkum Riffgrund 3 is expected to become operational in 2025, after Ørsted’s final investment decision, which is anticipated by the end of 2021.
Borkum Riffgrund 3 comprises three offshore wind projects which were originally awarded to Ørsted in auctions in 2017 and 2018 under the names of Borkum Riffgrund West 1 (420 MW), Borkum Riffgrund West 2 (240 MW), and OWP West (240 MW). The three projects were renamed in September 2019 and will be built as one joint project under the name of Borkum Riffgrund 3.
In December 2019, Ørsted signed a 10-year CPPA with Covestro for the output of 100 MW from Borkum Riffgrund 3.