Amazon has signed a 10-year corporate power purchase agreement (PPA) with offshore wind developer Ørsted for electricity from the Borkum Riffgrund 3 offshore windfarm in Germany
Amazon will offtake 250 MW from the 900-MW Borkum Riffgrund 3 windfarm, contributing to its target of being 100% renewable by 2030 and ‘net-zero carbon emissions’ by 2040.
Ørsted Offshore head of continental Europe Rasmus Errboe, who is responsible for corporate PPAs said, “We applaud Amazon’s leadership in corporate renewable energy investments. This agreement shows that Ørsted is well placed to help corporations with green ambitions act on the global climate challenge.
“The PPA with Amazon on Borkum Riffgrund 3 will drive this breakthrough zero-subsidy project a step closer towards realisation. Germany remains an attractive market for Ørsted with its recent decision to have 40 GW of installed offshore wind capacity by 2040.”
Amazon Energy director Nat Sahlstrom said, “We are proud to work with Ørsted on Amazon’s first offshore wind PPA, Europe’s largest with 250 MW of renewable energy.
“Borkum Riffgrund 3 will help toward our goal of powering our operations with 100% renewable energy and reaching net-zero carbon emissions by 2040.”
Th deal is Ørsted’s second PPA with Amazon, following a 2016 agreement on the 253-MW Amazon onshore windfarm in Texas.
In the last 12 months, Ørsted has signed PPAs for 1.3 GW across its global offshore wind portfolio.
Borkum Riffgrund 3 is expected to become operational in 2025, after Ørsted’s final investment decision, which is expected at the end of 2021. It will have a total capacity of 900 MW and will be located in the German North Sea adjacent to Ørsted’s existing offshore windfarms Borkum Riffgrund 1 and Borkum Riffgrund 2. The windfarm will be built and operated without subsidies.