The European Commission is providing a 645 million euro ($755 million) grant to support a renewable energy cluster near Bornholm in the Baltic Sea, Germany’s economy ministry said on Thursday, marking a key step toward a cross-border offshore energy hub.
Danish transmission system operator Energinet and its German counterpart 50Hertz signed the funding contracts in Berlin.
The grant is provided under the EU’s Connecting Europe Facility (CEF), which supports infrastructure projects linking EU member states.
The Bornholm Energy Island will connect a 3-gigawatt offshore wind farm in the Baltic Sea to both the Danish and German power grids.
Once operational in the 2030s, the project is expected to supply up to 2 GW of electricity to Germany and 1.2 GW to Denmark, helping advance Europe’s renewable energy goals.
