Wednesday, January 19, 2022
Baltic Power has won a lease contract for land at the Łeba seaport to support its offshore wind farm. It will accommodate service facilities to support the wind farm project, scheduled for 2024–2026. During that time, about 70 wind turbines with a total capacity of up to 1.2 GW will be erected in the sea, serviced by a fleet of vessels operating from the port in Łeba.MORE
Tuesday, December 14, 2021
Almost 600 representatives of 369 companies and institutions attended a meeting for those interested in collaboration on the Baltic Power project. Building a strong supply chain is now among the crucial steps leading up to the launch of this project, which is of strategic importance to the entire power sector. In line with the project’s schedule, the work will start in 2024 and be completed in 2026.
Friday, October 29, 2021
Baltic Power will organise another meeting for companies interested in cooperating within the supply chain for the project. During the two-day conference, participants will learn about detailed plans for each of the seven so-called installation packages of the ongoing offshore wind farm project.
Tuesday, October 26, 2021
Baltic Power intends to conduct and invites interested parties to participate in a Request for Information (RFI) for the services to be provided by Marine Warranty Surveyor (MWS) for the project. The services will be provided for the construction period of the offshore wind farm, which is planned to be conducted between 2024 and 2026.
Tuesday, September 21, 2021
A consortium comprising Pekao Investment Banking and Green Giraffe has been mandated as financial advisor for the offshore wind farm project Baltic Power. The two companies will be responsible for raising funding for the project, which is due to start in 2024, with commercial operation planned in 2026.
Monday, July 5, 2021
Twelve specialised vessels are beginning the main phase of geotechnical surveys of the Baltic Sea bottom in the area of the planned wind farm and along the connection route. Completion of the tests is scheduled for later this year. The results will provide a basis for the development of a detailed plan of locations of the foundations for the turbines and offshore substations and their connection to the onshore transmission infrastructure.
Tuesday, June 15, 2021
The Energy Regulatory Office has granted support for the Baltic Power project in the form of a 25-year Contract for Difference (CfD). Under the CfD, the project owner will receive payments covering any negative balance of electricity generated offshore and fed into the grid, which means that the project will be compensated for the potential difference between the market price of electricity and the strike price of the CfD.
Thursday, March 25, 2021
After fulfilment of the conditions precedent - including obtaining merger clearance - stipulated in the joint venture agreement signed in January 2021, NP Baltic Wind B.V. a subsidiary of Northland Power has subscribed for the shares in Baltic Power. The joint venture agreement provides for joint development and operation of the Baltic Power offshore wind farm, whose construction is scheduled for launch in 2023.
Friday, January 29, 2021
Canadian Northland Power Inc. will be PKN ORLEN’s strategic partner for its offshore wind farm project in the Baltic Sea. The Partnership will be responsible for the preparation, development and operation of the offshore wind farm with a capacity of up to 1.2 GW. Northland Power Inc. will ultimately acquire a 49% interest in the project, due to start in 2023 and scheduled for commissioning in 2026.
Thursday, January 14, 2021
Baltic Power, a member of the ORLEN Group, has signed a grid connection agreement with Polskie Sieci Elektroenergetyczne for its offshore wind farm in the Baltic Sea. The agreement marks another milestone in preparations for the wind farm project, providing a guarantee that clean energy generated by offshore wind can be fed into the national power system.