Vattenfall has recently purchased the license for the new wind farm from the German company, Sandbank Power.
Initially, the wind farm will have a generating capacity of 576MW and can be further expanded.
Permits are currently in place for 96 large wind turbines which will deliver an output of 576MW and the purchase includes the opportunity to expand the project with 40 turbines.
Construction on the wind facility, Sandbank 24, is planned to commence in 2014.
Upon completion, the facility is expected to deliver renewable electricity to half a million German households.
The company said it is investing SEK26bn in wind power between 2011 and 2015.
