EBRD finances Baltica 2, the largest wind farm in the Baltic Sea
Baltica 2 is the second and the largest offshore wind project in the first phase of offshore rollout in Poland. It follows Baltic Power – Poland’s first offshore wind farm, which the EBRD also supported in 2023.
Hengeler Advises On €7B Baltica 2 Wind Farm Deal Between Ørsted and PGE
Hengeler Mueller is advising Danish energy giant Ørsted on the offshore wind farm project Baltica 2 in the Polish Baltic Sea. The firm is also advising on the 50/50 partnership with PGE Polska Grupa Energetyczna, who have taken the final investment decision (FID) for the project.
Ørsted and PGE take final investment decision on Baltica 2 Offshore Wind Farm
Baltica 2 is expected to be fully commissioned by the end of 2027. Ørsted and PGE are responsible for the full scope of the wind farm, including offshore transmission and substations. Baltica 2 will use the Port of Gdansk for the storage, pre-assembly, and offshore installation of wind turbine components.
Orsted, PGE finalise decision to invest in wind farm off Poland
Poland's PGE and Denmark's Orsted have taken the final decision to build Baltica 2, a 1.5-gigawatt offshore wind farm on Poland's Northwestern coast, the companies said on Wednesday. Both companies will own 50% of the farm which is expected to be fully commissioned in 2027,
Ørsted and PGE achieve FID for Baltica 2 offshore wind farm in Poland
The project will be built, owned and operated in a 50/50 partnership between Ørsted and Polska Grupa Energetyczna.
Hosted on MSN6h
Poland breaks ground on massive offshore wind power project
The project is estimated at 30 billion zlotys ($7.4 billion) and is a key part of Poland's energy transition strategy. The ...
devdiscourse5h
EIB Grants €400M Loan for Poland's Offshore Wind Farm to Boost Renewable Energy and Security
This loan is the largest contribution by any financial institution from its own resources to the Baltica 2 project, and forms part of a €1.4 billion package approved by the EIB, with backing from ...
4C Offshore10d
Baltic Sea offshore wind tender faces temporary suspension for review
The Lithuanian Ministry of Energy has proposed temporarily suspending the ongoing tender for a 700 MW offshore wind farm in ...
Tech Xplore on MSN10d
How to choose the optimal location for wind turbines in the North Sea
Thousands of wind turbines will be added to the North Sea in the next decades. Environmental scientist Chen Li identified the ...
Recharge6d
Major floating wind plan as Baltic state eyes energy security from Russia threat
French developer Oxan won Estonia’s first floating wind tender and will now advance a project of up to 900MW off the Baltic Sea nation. Oxan will develop the project with partner SNOW, a ...
U.S. News & World Report4d
Swedish Authorities Board Ship Seized Over Baltic Sea Cable Breach
Swedish Authorities Board Ship Seized Over Baltic Sea Cable Breach By Johan Ahlander ... "That's not very strong wind. It's well below the 14 metres per second that is the threshold for a gale ...