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Home›Business & Finance›Baltica 2 Final Investment Decision Expected in Second Half of 2024
Business & Finance

June 5, 2024 · about 2 years ago

Baltica 2 Final Investment Decision Expected in Second Half of 2024

Polish energy company PGE Polska Grupa Energetyczna and Ørsted are expected to reach the final investment decision (FID) on the Baltica 2 offshore wind project in the second half of this year, Dariusz Marzec, Chairman of the Board at PGE, said at the Polish Wind Energy Association (PWEA) Conference

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Burbo Bank Extension offshore wind farm in the UK

Navantia-Windar will be supplying 77 monopile foundations for the project’s turbines and substations, and Steelwind Nordenham will deliver the remaining 34 wind turbine foundations for Baltica 2.

The four 375 MW substations will be designed, manufactured, and commissioned by a consortium of Semco Maritime and PTSC Mechanical & Construction (PTSC M&C) .

PGE and Ørsted plan to complete the construction of Baltica 2 by the end of 2027 and Baltica 3 by the end of the decade. Once fully commissioned, the entire 2.5 GW offshore wind project will provide enough renewable energy to power four million Polish households, according to the developers.

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