Vattenfall to Build Germany’s Largest Offshore Wind Farm with 1.6 GW Capacity
- Nordlicht 1 set to become Germany’s largest offshore wind farm.
- Project will supply renewable electricity equivalent to 1.6 million German households annually.
- Partnership ensures long-term renewable energy supply for BASF’s chemical production.
Swedish power utility Vattenfall confirmed its final investment decision for the Nordlicht 1 and 2 offshore wind projects in Germany’s North Sea, marking a major step toward Germany’s renewable energy goals.
Construction is scheduled to begin in 2026, with operations expected by 2028. Together, the projects will deliver 1.6 gigawatts of capacity, generating around 6 terawatt-hours (TWh) annually.
RELATED ARTICLE: Volvo Group Signs Deal With Vattenfall To Buy Half of New Swedish Wind Farm’s Power
“The Nordlicht offshore wind cluster makes a significant milestone in the path to enabling fossil freedom. By accelerating Germany’s energy transition and supporting industrial decarbonisation, it will provide clean, reliable energy while driving innovation and sustainability in the sector. We look forward to realising this important project in close collaboration with our supply chain partners,” says Helene Biström, Head of Business Area Wind at Vattenfall.
Vattenfall will buy back the 49% stake previously sold to German chemicals giant BASF, ensuring control over the projects. In return, BASF has secured long-term access to renewable electricity, bolstering its European chemical production.
Nordlicht 1 will notably become Germany’s largest offshore wind farm upon completion. Both projects will utilize turbine towers partially constructed from low-emission steel, reducing their carbon footprint by 16%.
The final investment decision for Nordlicht 2 remains conditional, pending necessary permits.
Follow ESG News on LinkedIn
The ESG News Editorial Team is comprised of veteran financial journalists and sustainability analysts dedicated to providing real-time, objective reporting on global ESG regulations, climate finance, and corporate governance. Our desk monitors daily developments from the SEC, IFRS, CSRD and international regulatory bodies to ensure our 1M+ readers receive accurate, data-driven insights into the evolving sustainable investment landscape. Follow the ESG News Editorial Team for expert reporting on global sustainability standards, ESG disclosures, and climate policy. Access over 10,000 investigative reports and real-time updates.
