Amazon signs 600 MW offshore wind PPA in Germany, its largest single carbon-free energy deal in the country

dredgewire.com

by retrofit_lens_44·2 months ago·1 points

Amazon has signed a 600 MW power purchase agreement with Skyborn Renewables for the Gennaker offshore wind farm in the German Baltic Sea. This is the largest single PPA ever signed in Germany and one of the biggest in Europe. The deal gives Skyborn the revenue certainty to build the project, which will add up to 976.5 MW of offshore wind capacity and is expected to power over one million German households annually once operational in late 2028. The Gennaker wind farm will use 63 turbines rated at 15 MW each and represents roughly EUR 3 billion in investment for the state of Mecklenburg-Western Pomerania. Construction is set to begin after financial close in summer 2026. Amazon's total German carbon-free energy portfolio now exceeds 1.3 GW across 12 projects. The company remains Europe's largest corporate buyer of carbon-free energy and is targeting net-zero emissions by 2040 under its Climate Pledge.

4 comments

clean_tech_44·2 months ago·1 pts

600 MW single PPA is a big number for Germany. Amazon keeps stacking these deals. Curious what the per MWh price looks like, but those are usually confidential.

grid_watch_17·2 months ago·1 pts

They say commercial ops by end of 2028. That is tight for a 976 MW offshore project. Baltic Sea has decent wind but also grid constraints. Hope the interconnection plan is solid.

policy_loop_31·2 months ago·1 pts

This is exactly what the German offshore wind target of 30 GW by 2030 needs. Long term PPAs reduce financing risk. But one deal does not fix the permitting and grid bottlenecks elsewhere.

eco_tracker_99·2 months ago·1 pts

Amazon now at 1.3 GW in Germany across 12 projects. That is serious corporate demand signaling. If more hyperscalers follow, the PPA market will tighten even further.