Search results for: baltica 2 3

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  • Subsea7’s Backlog Remains ‘Robust’ with High Tendering in Subsea and Offshore Wind

    25 April 2024
    Business & Finance, Business development, Cables, Grid Connection, Outlook & Strategy, Transition, Vessels

    Subsea7 has reported a “robust” backlog of USD 10.4 billion in its financial results for the first quarter of 2024, with tendering activity high in both the subsea and offshore wind sectors. To remind, in the financial results for the full year of 2023, Subsea7 reported it had secured USD 7.4 billion of contract awards […]

  • German and Dutch North Sea Yields 30 TWh of Offshore Wind Energy

    29 January 2024
    Business development, Grid Connection, Industry, Market Outlooks, Outlook & Strategy, Research & Development

    Offshore wind farms in the German and Dutch North Sea generated over 30 TWh of renewable power, according to the German-Dutch transmission system operator (TSO) TenneT. The TSO transmitted around 19.24 TWh of wind energy from the German North Sea to land in 2023 and another 11.54 TWh entered the Netherlands, which is an increase […]

  • 50Hertz, Energinet Commence Tendering for Bornholm Energy Island

    30 November 2023
    Contracts & Tenders, Energy Islands, Equipment, Grid Connection, Supply Chain

    Danish and German transmission system operators (TSOs) Energinet and 50Hertz have started the tendering process for the delivery of HVDC equipment and cables for the joint project, Bornholm Energy Island. HDVC equipment for the stations in Germany and Denmark will be tendered as one joint contract which has been sent to prequalified vendors today, Energinet […]

  • German Steel Manufacturers Sign PPA with EnBW for He Dreiht Offshore Wind Farm

    12 April 2024
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    EnBW and SHS – Stahl-Holding-Saar have signed a 15-year power purchase agreement (PPA) for 50 MW of generation capacity from the 960 MW He Dreiht offshore wind farm in Germany. SHS plans to use the green electricity produced by He Dreiht to power operations at the two major steel companies in the German state of […]

  • Kraken Robotics Bags Boulder Detection Survey Contract

    19 October 2023
    Business development, Contracts & Tenders, Research & Development, Supply Chain

    Kraken Robotics has received a USD 3 million (approximately EUR 2.8 million) contract to carry out boulder detection subsea survey services as part of an offshore wind farm project in Europe. The survey campaign will be executed in the fourth quarter of 2023 with Kraken’s Acoustic Corer technology providing accurate, high-resolution 3D imaging of 24 […]

  • Van Oord Begins Cable Installation Activities at Iberdrola’s Baltic Eagle

    4 October 2023
    Fixed-Bottom, Project Updates, Wind Farm Update

    Van Oord has commenced inter-array cable installation activities at Iberdrola Deutschland’s 476 MW Baltic Eagle offshore wind farm in Germany. After Van Oord’s heavy lift installation vessel Svanen completed the installation of all 50 monopiles for the Baltic Eagle offshore wind farm, Van Oord now continues installing transition pieces and starts cable installation. According to […]

  • 1.1 GW Polish Offshore Wind Farm Reaches Financial Close

    25 September 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    The 1.1 GW Baltic Power offshore wind project in Poland, being developed jointly by the Polish energy company Orlen and Canadian Northland Power, has reached financial close for its 20-year CAD 5.2 billion (around EUR 3.6 billion) non-recourse green financing. The project’s total capital costs are said to be CAD 6.5 billion (around EUR 4.5 […]

  • Energinet, 50Hertz to Set Up HVDC Converter Substations Supplier Qualification System

    27 September 2023
    Energy Islands, Grid Connection, Offshore Platforms

    Energinet and 50Hertz plan to establish a Supplier Qualification System (SQS) for the procurement of high-voltage direct current (HVDC) converter substations with the SQS mainly intended for interconnector and offshore wind-related projects such as the Bornholm Energy Island project. The scope of work of the supplier may cover development, design, engineering, relevant studies and reports, […]

  • Northland, Orlen Secure CAD 5.2 Billion for 1.1 GW Polish Offshore Wind Farm

    19 September 2023
    Business & Finance, Business development, Fixed-Bottom, Project Updates, Wind Farm Update

    Northland Power and its partner Orlen have signed a credit agreement for the 1.1 GW Baltic Power offshore wind project in Poland. The agreement secures an equivalent of CAD 5.2 billion (approximately EUR 3.6 billion) of non-recourse green financing that adheres to Northland’s green financing framework covering construction and a 20-year term. The financing represents […]

  • 1 GW Hai Long Offshore Wind Project Nears Financial Close

    22 September 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Hai Long Offshore Wind Project, a joint venture between Northland Power and Mitsui & Co., has signed a credit agreement to secure TWD 118 billion (approximately EUR 3.4 billion) long-term over 20-year non-recourse financing for the 1 GW offshore wind farm in Taiwan. The non-recourse project financing will be provided by over 15 international and […]

  • Boskalis Wins ‘Large’ Baltica 2 Cabling Contracts

    5 September 2023
    Contracts & Tenders, Fixed-Bottom, Grid Connection, Project Updates, Supply Chain

    Boskalis has been awarded contracts by PGE Polska Grupa Energetyczna and Ørsted for the transportation and installation of the export and array cables for the Baltica 2 offshore wind farm in Poland, classifying the contract value as “large”, which for Boskalis means it is worth more than EUR 300 million. The project scope comprises the transportation and installation of 107 […]

  • NKT and Prysmian Secure EUR 4.6 Billion in Cable Contracts for German Grid Connections

    29 September 2023
    Business & Finance, Cables, Energy Islands, Grid Connection, Manufacturing, Onshore Infrastructure, Supply Chain

    German transmission system operator (TSO) 50Hertz has awarded several contracts to power cable manufacturers NKT and Prysmian. Valued at around EUR 4.6 billion in total, the contracts include offshore wind farm export cables, onshore energy connections, and interconnection for an energy island. NKT and Prysmian secured the orders following the tender procedure that 50Hertz launched […]

  • All Monopiles Stand at Iberdrola’s Baltic Eagle Wind Farm Offshore Germany

    13 September 2023
    Fixed-Bottom, Project Updates, Wind Farm Update

    Van Oord’s installation vessel Svanen has installed all monopiles at the 476 MW Baltic Eagle offshore wind farm in Germany. All of the 50 monopiles were manufactured by the Rostock-based company EEW Special Pipe Constructions (EEW SPC). After completing the manufacturing, the units were transported floating from the Rostock Port to the Baltic Eagle offshore […]

  • CIP and Andel to Jointly Bid in Danish Offshore Wind Tender

    15 September 2023
    Collaboration, Outlook & Strategy

    Andel and Copenhagen Infrastructure Partners (CIP) will form a consortium to cooperate on two tenders for offshore wind farms in Denmark, namely the Hesselø Offshore Wind Farm in Kattegat north of Zealand and Kriegers Flak II in the Baltic Sea. The Danish Ministry of Climate, Energy and Utilities revealed plans to auction off 9 GW […]

  • PGE, Ørsted Granted 210 MW Seabed Area Offshore Poland

    9 August 2023
    Authorities, Business development, Research & Development, Wind Farm Update

    PGE and Ørsted have been granted a new seabed area for the development of an offshore wind farm in the Polish Baltic Sea. Poland’s Ministry of Infrastructure has given permission for PGE Group and Ørsted to develop up to 210 MW on the 45.E.1 area in the Baltic Sea. The new seabed area is neighboring […]

  • 2.5 GW Baltica Offshore Wind Project Secures EIB Financing

    8 August 2023
    Business & Finance, Wind Farm Update

    The European Investment Bank (EIB) has approved the in-principle financing of the 2.5 GW Baltica offshore wind project in Poland, being developed by PGE Group and Ørsted. The project has two stages, the 1.5 GW Baltica 2 and the 1 GW Baltica 3, planned to be commissioned by the end of 2027 and by the […]

  • Underwater Life Surveys Completed for Two Multi-Gigawatt Projects Offshore Åland

    11 August 2023
    Business development, Environment, Research & Development, Wind Farm Update

    OX2 and Finland’s Ålandsbanken Fondbolag have completed underwater nature field surveys of two of its Noatun offshore wind projects near Åland in the Baltic Sea. The project team said it had used innovative methods to explore the underwater environment where the Noatun Norra (Noatun North) and Noatun Södra (Noatun South) offshore wind projects are planned. According […]

  • Germany Awards Four More Offshore Wind Sites for EUR 784 Million

    10 August 2023
    Authorities, Business & Finance, Wind Farm Update

    After awarding four offshore wind areas to BP and TotalEnergies for EUR 12.6 billion through its first dynamic bidding process last month, the German Federal Network Agency (BSH) has now awarded further sites for a total of EUR 784 million in the process organised for four centrally pre-investigated areas. Three of the new four areas […]

  • Masdar, Iberdrola to Jointly Develop Baltic Eagle Wind Farm Offshore Germany

    26 July 2023
    Collaboration, Contracts & Tenders, Outlook & Strategy, Wind Farm Update

    Abu Dhabi-based Masdar has signed a strategic partnership with Iberdrola to co-invest in the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea. According to the terms of the deal, the Baltic Eagle wind farm is valued at approximately EUR 1.6 billion. Under the agreement, Iberdrola will control and manage the asset, […]

  • Ørsted Buys Into Baltica 2 & 3 OWFs in Poland

    10 February 2021
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Ørsted and PGE Polska Grupa Energetyczna have signed an agreement to form a 50/50 joint venture for the development, construction and operation of the 1.5 GW Baltica 2 and 1 GW Baltica 3 offshore wind farms in Poland. The agreement was signed following negotiations that PGE and Ørsted started back in October 2019. Almost a […]

  • PGE and Ørsted Order Baltica 2 Hardware at Navantia-Windar and Orient Cable

    3 July 2023
    Contracts & Tenders, Grid Connection, Wind Farm Update

    The PGE and Ørsted joint venture has signed contracts with Navantia-Windar and Orient Cable (NBO) for delivery of foundations and array cables for Baltica 2, which is the first stage of the Baltic Offshore Wind Farm in the Polish Baltic Sea. Navantia-Windar will be supplying monopile foundations, the largest exceeding 100 metres and weighing over […]

  • Poland Awards 2.5 GW Baltica 2&3 with Contract for Difference

    8 April 2021
    Contracts & Tenders, Wind Farm Update

    The Polish Energy Regulatory Office (ERO) has awarded a Contract for Difference to the 1 GW Baltica 3 and 1.5 GW Baltica 2 offshore wind projects. In February, Ørsted and PGE signed an agreement to form a joint venture for the development, construction and operation of the wind farms. Subject to the closing of the […]

  • Baltica Offshore Wind Farms Power Ahead

    20 October 2022
    Environment, Grid Connection, Wind Farm Update

    The Regional Director of Environmental Protection in Gdansk has issued a decision on the environmental conditions for the connection infrastructure of the Baltica Offshore Wind Farm, Baltica 2 and Baltica 3 in the Polish Baltic Sea, to be implemented in two stages. This allows the project’s investors, PGE and Ørsted, to continue the project and […]

  • PGE, Ørsted to Start Supply Chain Dialogue for 2.5 GW Project in Poland

    24 March 2022
    Business & Finance

    Poland’s PGE and Ørsted have invited suppliers to the first in a series of meetings to discuss the needs related to the construction of the Baltica Offshore Wind Farm in Poland. During the first meeting, to be held on 22 April, investors will present the progress of the Baltica Offshore Wind Farm from connection infrastructure […]

  • BREAKING: Germany Rakes In EUR 12.6 Billion Through ‘Dynamic Bidding’ Offshore Wind Auction

    12 July 2023
    Authorities, Contracts & Tenders, Industry

    Germany’s first dynamic bidding process, covering four offshore wind zones with a combined capacity of 7 GW, has generated EUR 12.6 billion in proceeds, according to the Federal Network Agency. The bidding period for the participation in the tenders for the four areas that were not centrally pre-examined ended on 1 June. The auction entered […]

  • Ørsted Issues Contract Call for Installation of Foundations and OSSs at Polish Offshore Wind Farm

    8 May 2023
    Contracts & Tenders

    Leading offshore wind developer Ørsted has issued a call for competition for the transport and installation of foundations and offshore substations for the 1.5 GW Baltica 2 offshore wind farm in Poland. Ørsted plans to use the Achilles Utilities NCE qualification system for procurement and expects to commence the tender in May/June 2023. Suppliers may […]