popular articles

Warsaw launches Baltica 2: Offshore Wind Farm for €7.15 Billion

The Polish Prime Minister announces the Baltica 2 project, carried out in partnership with Ørsted and PGE, aiming for 1.5 GW over 190 km² in the Baltic Sea, with a launch this year and commissioning scheduled for 2027.

Please share:

The new initiative unveiled by the Polish government is part of a broader strategy to strengthen national offshore capacity. The Baltica 2 project involves constructing an offshore wind farm extending over approximately 190 km², about 40 km from the Polish coast between the towns of Ustka and Choczew. The construction, scheduled to begin this year, will see the installation of 170 turbines generating an expected total capacity of 1.5 GW.

Technical and Geographic Details

The chosen location in the Baltic Sea was selected for its favorable wind potential and its relative proximity to the mainland, facilitating grid connection. The 170 turbines, which incorporate recent technological innovations, are designed to meet growing energy demands while diversifying energy sources. The technical data, including the area covered and installed capacity, underline the scale of the investment.

Financing Arrangements and Sector Implications

The project is being executed by a consortium formed by the Danish group Ørsted and the Polish company PGE, each holding a 50% stake. Ørsted will finance its share with its own funds, whereas PGE will rely on local and international loans, including those from European banks such as the European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD), as well as funds from the post-Covid recovery plan.
The investment of 30 billion zlotys reflects the commitment of sector players to develop significant offshore capacities. Additionally, the Prime Minister indicated that this operation is only one element of an ambitious plan aimed at reaching 18 GW of national offshore capacity by 2040. The detailed figures and strategic partnerships provide a clear insight into the challenges and growth prospects for the offshore wind sector.

Register free of charge for uninterrupted access.

Publicite

Recently published in

Italy's Ministry of the Environment has approved the environmental impact assessment for the Barium Bay project, clearing the way for its participation in a 3.8-GW offshore tender.
French group VALOREM is launching a crowdlending campaign in Finland to finance early-stage development of a large-scale wind project in the municipality of Kiuruvesi.
French group VALOREM is launching a crowdlending campaign in Finland to finance early-stage development of a large-scale wind project in the municipality of Kiuruvesi.
After being suspended in April, the Trump administration lifted the freeze on Equinor’s offshore Empire Wind project, reviving a $2.5bn construction site expected to power 500,000 homes.
After being suspended in April, the Trump administration lifted the freeze on Equinor’s offshore Empire Wind project, reviving a $2.5bn construction site expected to power 500,000 homes.
ENERCON’s E-175 EP5 E2 prototype fed electricity into the grid for the first time this week. The model is positioned as the new flagship in the German manufacturer’s onshore turbine range.
ENERCON’s E-175 EP5 E2 prototype fed electricity into the grid for the first time this week. The model is positioned as the new flagship in the German manufacturer’s onshore turbine range.
Norway has launched a floating wind tender at Utsira Nord, including a subsidy cap of NOK35bn ($3.37bn) despite economic pressures hampering the sector.
BVH1 s.e.n.c., a partnership between Boralex, Énergir and Hydro-Québec, has secured funding for a 400 MW wind project under construction on private land in the Seigneurie de Beaupré.
BVH1 s.e.n.c., a partnership between Boralex, Énergir and Hydro-Québec, has secured funding for a 400 MW wind project under construction on private land in the Seigneurie de Beaupré.
ENGIE North America plans to supply up to 300 MW of electricity to Cipher Mining for a Texas-based data centre through a local wind facility.
ENGIE North America plans to supply up to 300 MW of electricity to Cipher Mining for a Texas-based data centre through a local wind facility.
Boralex announces quarterly net earnings of CAD 41 million, marked by a 4% decrease in energy production, despite successfully commissioning its first wind farm in the United Kingdom.
Boralex announces quarterly net earnings of CAD 41 million, marked by a 4% decrease in energy production, despite successfully commissioning its first wind farm in the United Kingdom.
Greencoat Renewables sold five onshore wind farms in Ireland to HitecVision for €156mn, enabling the creation of a new joint energy platform focused on the growth of mid-life renewable assets.
Masdar and Samruk-Kazyna are collaborating to develop renewable energy and storage projects in Kazakhstan, targeting 500 MW of baseload energy and up to 2 GW of storage capacity.
Masdar and Samruk-Kazyna are collaborating to develop renewable energy and storage projects in Kazakhstan, targeting 500 MW of baseload energy and up to 2 GW of storage capacity.
The Ishwati Emoyeni project, valued at ZAR4.9bn ($263mn), marks a first in South Africa with a power purchase agreement signed by licensed trader NOA Group and has now entered its construction phase.
The Ishwati Emoyeni project, valued at ZAR4.9bn ($263mn), marks a first in South Africa with a power purchase agreement signed by licensed trader NOA Group and has now entered its construction phase.
Japanese group Eurus Energy has launched the construction of a 13.5 MW onshore wind farm in the Gangwon mountains, with commercial operations scheduled to start in November 2026.
Japanese group Eurus Energy has launched the construction of a 13.5 MW onshore wind farm in the Gangwon mountains, with commercial operations scheduled to start in November 2026.
Ocean Winds has installed the first turbine of the EMYN offshore wind farm, triggering the final phase of the project ahead of its commissioning at the end of 2025 and the creation of 85 permanent maintenance positions.
Copenhagen Infrastructure Partners’ CI V fund has signed an agreement to divest 10% of its offshore wind project Fengmiao I to Mitsui O.S.K. Lines, with commissioning expected by the end of 2027.
Copenhagen Infrastructure Partners’ CI V fund has signed an agreement to divest 10% of its offshore wind project Fengmiao I to Mitsui O.S.K. Lines, with commissioning expected by the end of 2027.
The Crown Estate receives ministerial approval to amend seabed rights for seven offshore wind farms, paving the way for an additional 4.7GW of offshore wind capacity.
The Crown Estate receives ministerial approval to amend seabed rights for seven offshore wind farms, paving the way for an additional 4.7GW of offshore wind capacity.
Italian group ERG has completed an 18 MW wind farm in Pas-de-Calais, backed by a 20-year contract for difference and developed without external partners.
Italian group ERG has completed an 18 MW wind farm in Pas-de-Calais, backed by a 20-year contract for difference and developed without external partners.
Rising installations and the integration of predictive technologies are driving the wind turbine operations and maintenance market, projected to hit $59.67bn by 2030, according to MarketsandMarkets.
Danish group Ørsted halts development of its Hornsea 4 offshore wind project in the UK, citing financial and operational risks that no longer guarantee returns for shareholders.
Danish group Ørsted halts development of its Hornsea 4 offshore wind project in the UK, citing financial and operational risks that no longer guarantee returns for shareholders.
Danish wind turbine manufacturer Vestas posts an unexpected net profit despite tariff tensions and confirms its 2025 outlook.
Danish wind turbine manufacturer Vestas posts an unexpected net profit despite tariff tensions and confirms its 2025 outlook.
Clearway Energy strengthens its presence in Washington State with the purchase of the 137 MW Tuolumne wind project, securing a 15-year power purchase agreement with Turlock Irrigation District.
Clearway Energy strengthens its presence in Washington State with the purchase of the 137 MW Tuolumne wind project, securing a 15-year power purchase agreement with Turlock Irrigation District.
The Princess Elisabeth energy island project advances with the placement of two caissons, launching a key phase of marine civil engineering off the Belgian coast.
Equinor condemned the mid-April suspension of its offshore wind farm Empire Wind 1 near New York, a $2.5bn project halted by U.S. authorities, labelling the move illegal.
Equinor condemned the mid-April suspension of its offshore wind farm Empire Wind 1 near New York, a $2.5bn project halted by U.S. authorities, labelling the move illegal.
Despite turbines priced 30 to 40% lower, Chinese manufacturers struggle to overcome credibility barriers hindering their progress in the European wind sector.
Despite turbines priced 30 to 40% lower, Chinese manufacturers struggle to overcome credibility barriers hindering their progress in the European wind sector.
Greenvolt Power has finalised the sale of the Pelplin wind farm in Poland to Enea Nowa Energia for €174.4mn, reinforcing its large-scale renewable asset monetisation strategy.
Greenvolt Power has finalised the sale of the Pelplin wind farm in Poland to Enea Nowa Energia for €174.4mn, reinforcing its large-scale renewable asset monetisation strategy.

Advertising