Orlen signed contract for 70 wind turbines in the Baltic Sea
19:12
Orlen Group company and Danish company Cadeler have signed a contract for the transportation and installation of around 70 turbines for the Baltic Power offshore wind farm, a joint project of PKN Orlen and Northland Power Inc. The investment, which will be implemented between 2024 and 2026, involves the construction of a farm with a total generating capacity of up to 1.2 GW, PKN Orlen said on Monday.
PKN Orlen said that Cadeler specialises in the installation of offshore turbines. Since 2012, it has installed around 400 offshore wind turbines and more than 500 foundations, which together generate energy for more than 5.5 million European households.
In addition to the advanced Baltic Power project of up to 1.2 GW, Orlen Group has also applied for eleven concessions with a total estimated potential of more than 10 GW. It is a capacity that could meet 25% of Poland's electricity needs. In addition, the company is analyzing the possibility of similar investments in the Lithuanian and Latvian Baltic Sea areas.
Source: Business Insider