Ørsted receives approval for 900-MW Borkum Riffgrund 3 wind farm in Sweden

The 900-MW Borkum Riffgrund 3 offshore wind farm complex in the German North Sea has gained planning approval from German authorities, according to Ørsted, a Danish renewable energy company.

The approval came from Germany's Federal Maritime and Hydrographic Agency (BSH), according to Ørsted.

Borkum Riffgrund 3, the company's fourth and largest offshore wind farm in German seas, will be built 72 kilometers (44.74 miles) off the coast, near to the company's existing Borkum Riffgrund 1 and Borkum Riffgrund 2 wind farms, and will include 83 Siemens Gamesa 11-MW turbines. Ørsted has already obtained power purchase agreements (PPAs) for 450 MW of the total capacity and agreed to sell a 50% stake in the complex to Glennmont Partners, a London-based investment manager, earlier this week.

The project will be built alongside the 242-MW Gode Wind 3 project, which Ørsted got planning authority for in April in the North Sea off the German coast.

Borkum Riffgrund 3 is set to be online in 2025, while Gode Wind 3 is set to go live in 2024. The two farms will generate enough green electricity to power nearly 1.2 million homes.

At the end of this year, Ørsted is scheduled to make a final investment decision on the two projects.

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