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Poland awards Contract for Difference to the Baltica offshore wind farms The Polish Energy Regulatory Office has awarded a Contract for Difference to the Baltica 3 and Baltica 2 offshore wind farms with a total capacity of up to 2.5 GW. Baltica 3 and 2 will contribute significantly to Poland’s green energy transition, accelerate the development of the local supply chain and spur economic activity for many years to come. The Baltica Offshore Wind Farm – the largest offshore wind project in the Polish part of the Baltic Sea comprising the two phases Baltica 3 and Baltica 2 – today came a...

DNV advises PGE Baltica on JV to 2 offshore wind farms DNV, the independent energy expert and assurance provider, has been retained by PGE Baltica (a subsidiary of PGE Capital SA, responsible for offshore wind developments) for the provision of technical and commercial advisory services in connection to setting up a joint venture structure between PGE (Polska Grupa Energetyczna S.A.) and Ørsted for the development of two offshore wind projects in the Baltic Sea with a total potential capacity of up to 2.5 GW. Following the passing of Poland’s first Offshore Wind Act in January this year, i...

Advertisement DNV, the independent energy expert and assurance provider, has been retained by PGE Baltica (a subsidiary of PGE Capital SA, responsible for offshore wind developments) for the provision of technical and commercial advisory services in connection to setting up a joint venture structure between PGE (Polska Grupa Energetyczna S.A.) and Ørsted for the development of two offshore wind projects in the Baltic Sea with a total potential capacity of up to 2.5 GW. Following the passing of Poland’s first Offshore Wind Act in January this year, it is expected that these offshore wind fa...

Read Ørsted and PGE to partner for Polish offshore wind farms and other wind energy news & analysis on Windpower Monthly

Despite constraints due to the COVID-19 pandemic, Europe confirmed a record amount of €26.3 billion of investments in new offshore wind farms in 2020. According to WindEurope, this will finance 7.1 GW of new offshore wind which will be built in the coming years. Last year Europe built 2.9 GW of new offshore wind. Europe now has 25 GW of offshore wind capacity, WindEurope said on February 8, noting that the EU aims to have 300 GW by 2050. According to the latest WindEurope data, Europe raised €26.3bn to finance 7.1 GW of new offshore wind capacity in 2020. The UK, Netherlands, German...