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.
Photo: Ørsted
Photo: Ørsted

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

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