Ørsted enters PPA for German zero-subsidy offshore wind farm

With a PPA in hand for 100 MW, the utility secures easier credit access for German offshore wind development Borkum Riffgrund 3, set to enter unsubsidized operation in six years' time.

by MAZ PLECHINGER

Ørsted has entered a ten-year power purchase agreement with German chemical company Covestro, reports Danish business daily Børsen.

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Ørsted signs framework agreement with Nexans
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Shipping CEO on giant offshore wind turbines: "This completely changes the market"
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Ørsted's UK director steps down following reorganization
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