|In this April 26, 2010 file photo a boat approaches a German windmill offshore power plant in the North Sea, 45 km off the coast of Norddeich. (AP Photo/Frank Augstein, file)|
The agency that oversees access to Germany's electricity grid says the bid was one of four to receive approval for projects in the North Sea with a total capacity of 1,490 megawatts.
On average the bids sought a subsidy of about $0.0047 per kilowatt hour under a system designed to encourage power companies to feed renewable energy into the grid.
German utility company EnBW said Thursday it would build the 900 MW park with a feed-in subsidy of $0.00 per kWh. The subsidies have been criticized by some as a hidden tax.
Germany aims to generate 80 percent of its energy from renewable sources by 2050.