This is the 313th most frequent German word.
wolle
"Wolle" means "wool" in English.
In this sentence, 'Wolle' again refers to the material 'wool'.
Die Künstler nutzten Wolle für ihre Installation.
The artists used wool for their installation.
Here, 'Wolle' is used as a noun meaning 'wool'.
Ich kaufe Wolle, um einen Pullover zu stricken.
I am buying wool to knit a sweater.
Here, 'wolle' is a subjunctive form of the verb 'wollen', meaning 'to want'.