Uniper has signed a long-term power purchase agreement (PPA) with Skyborn Renewables for electricity generated from the Gennaker offshore wind project in the German Baltic Sea. <\/p>\n
The agreement covers 100MW of capacity from the Gennaker project. <\/p>\n
It is scheduled to begin after the commercial operation date and will run for an initial term of ten years, with an option to extend. <\/p>\n
The Gennaker project, led by Skyborn Renewables, will become the largest offshore wind farm in the German Baltic Sea, with a planned output of up to 976.5MW. <\/p>\n
The site will be situated around 15km north of the Fischland-Dar\u00df-Zingst peninsula in Mecklenburg-Western Pomerania. <\/p>\n
Once fully operational, the wind farm is expected to generate enough electricity each year to power around one million households. <\/p>\n
This PPA marks Uniper’s first foray into purchasing electricity from an offshore wind source. <\/p>\n
The move aligns with the company’s strategy to diversify its energy portfolio, expand its renewable energy supply and support Germany’s energy transition. <\/p>\n
As part of its broader business strategy, Uniper plans to invest approximately \u20ac8bn ($9.09bn) in its portfolio through the early 2030s. <\/p>\n
The company’s current holdings include flexible power generation, gas storage, renewables and hydrogen, with the addition of offshore wind intended to complement existing business areas. <\/p>\n
Uniper CEO Michael Lewis said: “Concluding our first ever offshore wind PPA demonstrates our transformation strategy in action. <\/p>\n
“Offshore wind from the German Baltic Sea will add domestically produced low-carbon power to our diverse portfolio. <\/p>\n
“This is a deliberate step to strengthen the resilience of our energy system for the long term.” <\/p>\n
Skyborn described Gennaker as its flagship project, highlighting its development, financing and operational expertise across the offshore wind value chain. <\/p>\n
The company stated that the project serves as a blueprint for delivering large-scale, domestically produced electricity intended to support long-term energy security. <\/p>\n
Skyborn CEO Patrick Lammers said: “This agreement with Uniper is an important milestone for Gennaker. As our blueprint project, it shows how large-scale offshore wind can be delivered reliably and at scale. I am extremely proud of our teams to make this happen.” <\/p>\n
Earlier this month, Skyborn and Amazon signed an agreement<\/a> for a 600MW PPA for electricity from the Gennaker offshore wind farm. <\/p>\n