Wind-Energy

Orlen Group to Begin Offshore Construction of Baltic Power Wind Farm in January

The Orlen Group announced that the offshore construction phase of the Baltic Power wind farm will commence in January 2024. Initial work will involve installing foundations to support over 230-meter wind turbines, which are expected to operate in the high seas for approximately 30 years.

Baltic Power, a 1.2 GW offshore wind farm jointly developed by Orlen Group and Northland Power, will consist of 76 turbines, each with a 15 MW capacity. Covering an area of around 130 km², the farm is projected to supply electricity to over 1.5 million households and contribute 3% of Poland's energy demand. Operations are set to begin in 2026, reducing Poland’s CO2 emissions by approximately 2.8 million tonnes annually.

The project is Poland’s most advanced offshore wind initiative and one of the first globally to utilize 15 MW turbines with towers partially made of renewable-energy-based steel.

Orlen Group, listed on the Warsaw Stock Exchange since 1999 and a WIG20 component, reported consolidated sales revenues of PLN 372.64 billion in 2023. The company operates refineries in Poland, the Czech Republic, and Lithuania, conducts mining activities in multiple countries, and has expanded into renewable energy and natural gas distribution through its acquisitions of Energa, Grupa Lotos, and PGNiG.

Source: CIRE.PL

U.S. Launches First Offshore Wind Farm, Vineyard Wind 1, in Historic Energy Milestone

The United States commissioned its first commercial offshore wind farm, Vineyard Wind 1, in 2023, marking a significant milestone in the nation’s renewable energy sector. Located off the coast of Martha’s Vineyard, Massachusetts, the project boasts 62 state-of-the-art turbines with a combined capacity exceeding 800 megawatts (MW). Vineyard

Downing Completes Sale of Gabrielsberget Wind Farm with 54% Return

Downing Renewables & Infrastructure Trust (DORE) has finalized the sale of its entire stake in the Gabrielsberget wind farm in Sweden, achieving a total return of approximately 54% over the investment period. The asset was acquired in January 2022 for £19.8 million and yielded €36 million (£29.8 million)

Israeli Enlight Completes 94MW Pupin Wind Farm in Serbia

The construction of the Pupin wind farm in Kovačica, Serbia, with an installed capacity of 94MW comprising 16 wind turbines, has been completed and entered trial operation, the Renewable Energy Sources Association of Serbia announced today. Developed by Israeli company Enlight Renewable Energy, the Pupin wind farm is an extension

Read next