Stable electricity supplies at an affordable price, full independence of the Baltic Sea region from Russian supplies, and clean air through joint projects to develop new technologies, including hydrogen - these are the potential benefits of cooperation between the Baltic countries. ORLEN Group and S&P Agency have prepared a report summarising the status of the [...]
A new chapter in the history of the city and the region has begun in Leba, where wind and sea have shaped the landscape for years. On Tuesday, 4 March 2025, the foundation stone was symbolically laid for the construction of an operations and maintenance base for the offshore wind farms Bałtyk 2 and Bałtyk [...]
A recent assessment by Aegir Insights provides a comprehensive overview of Poland’s offshore wind market, showcasing the country’s ambitions and potential within the rapidly evolving European offshore wind sector. Poland, while not yet having operational offshore wind farms, stands out due to its large-scale projects and a clear governmental commitment of 18 GW offshore wind [...]
Korporacja Budowlana DORACO will carry out the rebuilding of the western breakwater in the Port of Darłowo and the construction of a new groyne, which will improve the safety of shipping and protect the port against strong waves. The contractor signed a contract for this investment with the Maritime Office in Szczecin. The modernisation of [...]
The impact of offshore wind farms on fishing activities, assumptions of the interim compensation scheme and planned works in the Baltic Sea will be the main topics of the information meetings that Equinor and Polenergia are organising for the fishing community in connection with the Bałtyk 2 and Bałtyk 3 projects. The meetings will take [...]
The countdown is on. In just one week, Gdańsk will transform into the epicenter of the Baltic Sea's burgeoning offshore wind industry. On March 10, 2025, the European Solidarity Centre will host the highly anticipated Baltic Sea Offshore Wind Summit 2025, a pivotal gathering of industry titans, influential policymakers, and leading experts dedicated to tackling [...]
On 22 May 2025, the unique 8th edition of the tour de wind REFRESHER - one of the most exciting cycling events in the wind energy industry - will take place! Cycling enthusiasts will come together to take part in this extraordinary competition that combines sport, passion and sustainability. This year the event is open [...]
The great modernisation programme of Polish power grids is crucial for the future of the offshore wind sector in Poland, especially in the context of the growing role of wind energy in the Baltic Sea. Energa Operator, part of the ORLEN Group, has secured more than PLN 7.5 billion from the National Reconstruction Plan to [...]
Equinor and Polenergia have signed another important contract for the offshore wind farms Bałtyk 2 and Bałtyk 3. The contract is for seabed protection in the form of stone surcharges and was concluded with the Dutch company Van Oord. The Bałtyk offshore wind farms are one of the largest infrastructure projects in the history of [...]
Equinor has selected the Polish company Erbud as the contractor for the construction of an operations and service base in Leba. The realisation of the construction of the service base in Leba is crucial for the operation of the Bałtyk 2 and 3 offshore wind farms under construction in the Baltic Sea, a joint venture [...]
Green Bonds worth PLN 750 million issued by Polenergia, Poland's largest private energy group, have made their debut on Catalyst. It is also the first debut on this market in 2025. The majority of the funds raised from the issue will be used by the group to build one of the largest infrastructure projects in [...]
ENTSO-E’s draft TYNDP shows the strategic electricity infrastructure investments that ensure that Europe’s energy system can meet the EU’s and Member States energy and climate targets for 2030, 2040, and 2050 while providing a positive impact on system costs. In line with the TEN-E Regulation, the new TYNDP outlines the further investments in the European [...]
In February, the next ten participants began training as part of the fourth edition of the ‘Wind - Mine of Opportunity’ programme, which supports the re-training of miners as wind turbine technicians and service technicians. Participants who complete the training will obtain an internationally recognised Global Wind Organisation certification. Six editions of the project have [...]
Joint Research Centre of the European Commission released new report „The Onshore Wind Potential of the EU and Neighbouring Countries”. The report reveals that the continent has far greater capacity for wind energy than previously estimated. The ENSPRESO 2 dataset, developed by the Joint Research Centre (JRC), indicates that the installable capacity and annual electricity [...]
The European energy sector is undergoing a historic transformation, with offshore wind power emerging as a dominant force in the transition toward renewable energy. Latest data presented by Ignitis highlights a pivotal shift: future offshore wind energy projects in Europe are set to have twice the capacity of onshore projects, signaling a strong commitment to [...]
Cadeler announces the signing of a Vessel Reservation Agreement (“VRA”) with Ocean Winds for the installation of the wind turbine generators (WTGs) at BC-Wind offshore wind farm in the Polish Baltic Sea. The potential value of the contract to be negotiated during the pendency of the VRA is estimated to be between EUR 48 million and [...]
In just one month, Gdansk will become the capital of the wind energy sector in the Baltic Sea! On 10 March 2025, the Baltic Sea Offshore Wind Summit 2025 - the first regional conference for the Baltic Sea countries - will take place at the European Solidarity Centre. Bringing together industry leaders, politicians and experts, [...]
The joint HELCOM-VASAB (Vision & Strategies Around the BlaticSea) Maritime Spatial Planning Working Group (HELCOM-VASAB MSP WG) is about to proceed to the interim assessment of the progress in implementing the Regional Maritime Spatial Planning Roadmap 2021-2030. In this context, a dedicated Task Force prepared a survey which aims to support this process. This survey targets [...]
BalticWind.EU Country Report POLAND / Q1 2024 Dear Readers, We are pleased to present you with another in a series of reports summarizing the Polish offshore wind market. As we continue to track the development of renewable energy in the Baltic Sea, this edition highlights significant milestones, from [...]
On 6 February 2025, Stéphane Séjourné, Vice President of the European Commission for Prosperity and Industrial Strategy, visited the Baltic Industrial Group plant in Gdansk. This was an important stop on the Commissioner's way to the announcement of the Clean Industrial Deal document, the European Union's new industrial policy. Previously, Séjourné had visited key sectors [...]
Equinor and Polenergia have begun preparatory work in the landfall: the exit of cables exporting power from the Bałtyk 2 and Bałtyk 3 offshore wind farms to land. The drilling will allow the power cable to be routed and lead to the power generated by the wind farms. Work on the drilling itself, which will [...]
As planned, construction of the offshore section of the first Polish Baltic Power offshore wind farm, a joint project between ORLEN Group and Northland Power, began in January. The first monopiles, i.e. the main elements of the foundations, were successfully installed on the farm. Ultimately, 78 foundations for turbines and offshore substations will be built [...]
Van Oord’s heavy lift installation vessel Svanen has successfully installed the first monopile at the Baltic Power offshore wind farm, located 23 kilometres north of the Polish coast. The wind farm features the new generation of wind turbines, with a generating capacity of 15 megawatts. After a recent upgrade, including an extension of its gantry [...]
The Baltic Power project, which is one of the most important undertakings in the Polish renewable energy sector, has reached an important milestone. The construction of two offshore substations for the wind farm, which were manufactured at the Baltic Industrial Group shipyards in Gdynia and Gdansk, has been completed. The structures have already been loaded [...]
Ocean services provider DeepOcean has been awarded a subsea survey contract on the Bałtyk 2 and 3 offshore wind developments in Poland which are jointly developed by Equinor and Polenergia. Polish company MEWO will serve as a subcontractor to DeepOcean. Under the contract, DeepOcean will conduct geophysical seabed surveys of the export and inter-array cable [...]
European Investment Bank signed an agreement to support Poland’s largest utility Polska Grupa Energetyczna with a €400 mln loan towards the design and construction of Baltica 2, the European Union’s largest offshore wind farm to date. Baltica 2 will feature innovative technology for a 1.5 GW capacity and sit off the Polish coast in the [...]
This week, members of the WindEurope Ports Platform convened in Poland’s Western Pomerania region to witness firsthand the country’s accelerating offshore wind advancements. Representatives from some of Europe’s largest maritime ports toured key sites in Szczecin and Świnoujście, highlighting the region’s pivotal role in Poland’s burgeoning offshore wind industry. Under the banner of the “West [...]
Baltica 2 offshore wind farm is a project developed jointly by PGE Polska Grupa Energetyczna and Ørsted. Partners in joint venture have 50 percent shares each. PGE - financing its part of the investment in the project finance formula - obtained loans from 24 Polish and international financial institutions, including European Investment Bank and European [...]
PGE and Ørsted have taken final investment decision (FID) on the 1.5 GW Baltica 2 Offshore Wind Farm, which will be built, owned and operated in a 50/50 partnership between Poland’s largest energy company PGE Polska Grupa Energetyczna and Denmark's global leader on climate action Ørsted. Baltica 2, which will be located approx. 40 km off [...]
Equinor and Polenergia, which are jointly developing offshore wind farm projects in the Baltic Sea, have received the first delivery of HV 220kV and EHV 400kV cables for the onshore part of the Bałtyk 2 and Bałtyk 3 projects. Polish company Tele-Fonika Kable is responsible for the design, manufacture and delivery of the cables, having [...]
On the 24th of January, the Baltic Energy Ministers and the Polish State Secretary met in Riga to discuss the final steps related to the preparation for the joint synchronisation of the Baltic States. At the meeting, Ministers confirmed their commitment to infrastructure and resilience measures by signing a joint letter to the European Commission, [...]
A ceremony was held yesterday to mark the completion of two power substations. Participants in the event were able to admire both structures on the Baltic Industrial Group's quay in Gdynia - complete and ready for loading onto a specialised barge. The Baltic Industrial Group (Grupa Przemysłowa Baltic GPB) - as heir to the heritage [...]
22 January 2025. - The National Fund for Environmental Protection and Water Management (NFOŚiGW) has granted Crist shipyard in Gdynia a loan of almost PLN 53 million for the construction of an innovative production line. This will be the first project of its kind in the offshore wind energy sector in Poland, with funding coming [...]
On 6-7 May 2025, the Future Energy Congress, organised by the ‘With Energy About Law’ ["Z energią o prawie"] Association, will be held for the fourth time in Toruń. This is an event that attracts key experts, leaders and innovators of the energy sector. The city of Copernicus will become an arena for inspiring debates [...]
Baltic Power has announced in a press release the appointment of Kamil Kobyliński to the company's Board of Directors as a Board Member. He replaces Jarosław Broda in this role. Kamil Kobyliński is an experienced manager and energy industry expert with over 20 years of experience. He is a former member of the management boards [...]
The Industrial Development Agency S.A. (ARP), together with ARP TFI S.A., are taking steps to mobilise institutional capital, Polish and foreign, for the energy transition in Poland, through the creation of the Polish Green Fund. The mission of the Polish Green Fund (PZF) is to support the change of the Polish economy towards green transformation [...]
PGE Baltica from the PGE Group has selected a company that will perform of the tasks of a contract engineer for the construction of an operational and maintenance base in Ustka. In the resolved tender, the most advantageous offer was submitted by Sweco Polska. - We are getting closer to starting construction work on our [...]
ORLEN Group, in response to the global energy transition challenges, has announced an ambitious renewable energy target of 12.8 GW of installed capacity by 2035. A key element of this strategy is the development of offshore wind power, with ORLEN Group stepping up its offshore operations. Thanks to the ORLEN Neptun project, Poland will become [...]
What an intensive year it has been for PGE Baltica. The Baltica 2 project – developed by PGE and Ørsted – has completed a portfolio of key component and installation services for this offshore wind farm. The construction works for the onshore part of the project are underway. At the same time PGE Baltica has [...]
The first miners who have completed the previous editions of the training courses are already working on wind turbines. More can sign up for the fourth edition under the ‘Wind - A Mine of Opportunities’ programme organised by EDF Renewables Polska in cooperation with Spółka Restrukturyzacji Kopalń, Polish mine restructuring company, and delivered by Vulcan [...]
The Maritime University of Szczecin and the Marshal's Office of the West Pomeranian Region invite you to take part in the fifth edition of the Trends and Visions for Offshore Wind Energy Development' competition. The competition is aimed at secondary school pupils, students and PhD students. Competition entries can be submitted until 21 February 2025. [...]
Equinor and Polenergia have presented a summary of their offshore wind farm activities in the Baltic in 2024, and announced details of their plans for 2025. The Bałtyk 2, Bałtyk 3 and Bałtyk 1 projects are entering key implementation phases and 2025 promises to be a period of intense construction and operational activities. Progress on [...]
The Polish electricity transmission system operator, PSE, has approved the financial investment decision for the onshore construction of the "Harmony Link" interconnection. This decision complements the financial commitment made by Lithuania’s transmission system operator, Litgrid, in September, marking a joint commitment to fund and execute this critical project. “With PSE’s decision now in effect, we [...]
The decarbonisation agenda is a pressing priority for governments worldwide, and the Baltic Sea region is emerging as a critical area for renewable energy development, particularly offshore wind. In April 2024, eight countries bordering the Baltic Sea – Lithuania, Denmark, Estonia, Finland, Germany, Latvia, Poland, and Sweden – signed the Vilnius Declaration, pledging to collaborate [...]
Lithuanian electricity transmission system operator Litgrid has announced the procurement of design services for the land-based segment of the „Harmony Link“ electricity interconnection with Poland. The project will involve key technical decisions and the design of critical infrastructure in Lithuania, including a 220 kV transmission line and the Gižai transformer substation. “By initiating the procurement [...]
Bank Gospodarstwa Krajowego and Polenergia S.A. have signed a loan agreement from NRP funds for the construction of offshore wind farms. The financing will amount to PLN 750 million and will be used to build two wind farms with a total capacity of 1440 MW. On 18 December 2024, Bank Gospodarstwa Krajowego and Polenergia S.A. [...]
At Smulders' Polish facilities, the final production work is being carried out on key foundation elements for the Baltic Power offshore wind farm. These are the so-called transition elements that will connect the foundations to the wind turbines. Once assembled, they will set off for the transhipment port. Already in the first quarter of 2025, [...]
Polish Ministry of Climate has published a new version of the regulation on maximum energy prices at auctions for offshore wind farms. The changes, resulting from an amendment to the so-called Offshore Act, introduce differentiation of support rates under 25-year strike price contracts depending on the location of the wind farms, with the aim of [...]
In January 2025, the Baltic Power offshore wind farm will enter a critical phase of its development. The project, a joint venture between Orlen and Northland Power, will see the start of the marine stage of construction, which involves the installation of the wind turbine foundations. These massive structures will support the installation of turbines [...]
Gdynia, 3 December 2024: The West Pomeranian Voivode has issued two key decisions on the implementation of the F.E.W. Baltic II offshore wind farm. In doing so, he granted a permit for the construction of offshore wind turbines together with an internal power and telecommunications network and an offshore substation for the RWE F.E.W. Baltic II [...]
Hot autumn in the Baltic. In winter, the first companies go out to sea with construction, and the government draws up new plans for the future. Declarations regarding the delimitation of further areas in the Baltic for the next phase of offshore wind energy development, in addition to the two already underway, fired the imagination [...]
On the 27th of November, Swedish Prime Minister Ulf Kristersson hosted a meeting at Harpsund with the Nordic and Baltic countries’ heads of government and Poland’s Prime Minister. The leaders have discussed transatlantic relations, security in the Baltic Sea region and long-term support to Ukraine. They also delivered a joint statement. https://www.youtube.com/watch?v=Jwcl2UTQocY “Europe must take [...]
Poland's Bank Ochrony Środowiska (Bank for Environmental Protection) has subscribed to Polenergia's green bonds in the amount of PLN 90 million. Polenergia Group is Poland's largest private energy group and a leader in the market of renewable energy producers (RES). The funds from the bonds are to be used, among other things, to finance the [...]
At the Offshore Wind Poland 2024 conference, ORLEN Neptun CEO Janusz Bil announced ambitious plans for the development of offshore wind energy in Poland. In his speech, he highlighted that BalticEast, the company's most advanced project, is being prepared to participate in an auction planned for 2025. - It is estimated that these projects will [...]
Poland's offshorewind industry is gaining momentum - especially in the context of implementing major projects such as Baltica 2, which has just entered the onshore construction phase. At the Offshore Wind Poland 2024 conference, organised by the Polish Wind Energy Association, sector leaders, including PGE Baltica, discussed progress in offshore wind development, key challenges and [...]
In winter, the first companies go out to sea with construction, and the government announces the delimitation of further areas in the Baltic Sea for the next phase of offshore wind energy development, in addition to the two already underway. ‘A report on the state of offshore development is being prepared, which will give us [...]
Joint venture companies Equinor and Polenergia, which are developing the Bałtyk 2 and Bałtyk 3 offshore wind farm projects, have signed energy sales agreements with Danske Commodities, which will be responsible for selling the electricity produced by the farms on the Polish wholesale and balancing market. Danske Commodities, which is part of Equinor, will also [...]
The event is dedicated to companies and organisations working in the field of technological innovation and interested in collaborating on projects in the offshore wind energy sector. Workshops and presentations will be conducted in Polish and English, and an option for participants to translate from English to Polish via the Zoom platform will be available. [...]
Three Polish fishing vessels will support the construction of the Baltic Power offshore wind farm. They will begin work with the start of the offshore installation work scheduled for early 2025. Baltic Power is the only offshore wind farm project in the Polish part of the Baltic that has reached the construction phase. In addition [...]
The Polish government has adopted a law to promote the development of offshore wind energy by allowing different maximum electricity prices to be set depending on the specific characteristics of individual maritime areas. The new legislation gives the Minister for Climate and Environment the ability to issue a regulation that will set differentiated maximum prices [...]
TAURON has commissioned the Mierzyn wind farm, thereby achieving 0.5 GW of onshore installed capacity. The power plant, with a total capacity of 58.5 MW, is located in the municipality of Karlino, in the West Pomeranian province. Production from the latest power plant will meet the energy needs of 68,000 households. - The expansion of [...]
OX2 has commissioned the Wysoka Wind Farm, owned by IngkaInvestments, the investment arm of the Ingka Group, the world's largest IKEA franchise company. The farm has installed the largest wind turbines in Poland, achieving unprecedented power in the local onshore market. Located in the Piła district, in the Greater Poland voivodeship, the wind farm consists [...]
A state-of-art vessel has arrived at the Port of Gdynia - the Svanen - a heavy-lift vessel from Van Oord’s fleet designed for the installation of offshore wind farm foundations. This particular vessel that will start the first offshore wind farm construction in the Polish part of the Baltic Sea - Baltic Power - at [...]
The Board of Directors of the European Investment Bank (EIB) has approved financing for the construction of two wind farms in the Baltic Sea with a total capacity of 1440 MW. This information was shared by Teresa Czerwińska, vice-president of the EIB, on her LinkedIn profile. Although details of the specific projects have not been [...]
The Ministry of Climate and Environment of Poland has announced an increase in the planned capacity volume for the first offshore wind auction in 2025 from the original 2.5 GW to 4 GW. Four auctions are planned between 2025 and 2031, which will allow for a total capacity of up to 12 GW. The changes [...]
Ocean Winds, together with the Industrial Development Academy (PAR), has summed up the third edition of the ‘Career with the Wind’ programme - an educational initiative aimed at preparing technical school students for work in the offshore wind energy sector. The programme is aimed at young people from across Poland to familiarise them with career [...]
The amendment to the Act on offshore wind farms, which is being worked on by the Ministry of Climate and Environment, aims to streamline the investment process in this sector. One of the key elements of the proposed changes is the introduction of the possibility to set different maximum prices in auction bids for different [...]
By 2030, Europe will be short of all key components, services and human resources for the sector. For some segments of the supply chain, bottlenecks are already visible today or will become apparent in 1-2 years. The Polish industry has great potential to be a significant player in the global offshore wind supply chain. However, [...]
Warsaw, 21 October 2024: Ocean Winds, a joint venture formed by EDPR and ENGIE dedicated to offshore wind energy, has signed an agreement with Bureau Veritas Polska Sp. z o.o. to carry out the certification of the Polish BC-Wind offshore wind farm project. The certification will be carried out in accordance with IECRE OD-502:2018 scheme [...]
Polenergia S.A. has announced the signing of key crew transportation contracts for two of its offshore wind farm projects, offshore wind farm Bałtyk II and offshore wind farm Bałtyk III. The projects are being developed as part of a joint venture with Norwegian giant Equinor Wind Power AS, and the new contracts are key to [...]
The Ministry of Climate and Environment has prepared a draft amendment to the law on the promotion of electricity generation in offshore wind farms. The regulations aim to accelerate and streamline implementation, as well as to improve investment conditions for offshore wind farm projects. The request for an entry on the list of works of [...]
The port of Władysławowo is emerging as a crucial player in Poland’s offshore wind industry, with both Szkuner company and Ocean Winds recognizing its potential. Ocean Winds, a global leader in offshore wind energy, has been in partnership with the port since 2022, and plans to establish a long-term operations and maintenance base for the [...]
The first shipments of foundation monopiles for the Baltic Power offshore wind farm have set off from Steelwind's factory in Nordenham. There will be 26 shipments to the transhipment port, from where they will depart for the offshore construction site in early 2025. Source: Baltic Power Baltic Power is the most advanced offshore [...]
PLN 750 million from the Green Bonds issue has been credited to Polenergia's account. Poland's largest private energy group allocated them to 57 investors. Polenergia will use most of the funds to build offshore wind farms. Two most advanced projects, Bałtyk 2 and Bałtyk 3, with a total capacity of 1440 MW, have complete building [...]
The first monopiles for the Baltic Power offshore wind farm have been shipped from Steelwind’s plant in Nordenham, Germany, and are now en route to the installation terminal. These massive steel foundations will form the backbone of Poland’s first offshore wind farm, with a total of 78 monopiles set to be installed: 76 for the [...]
A new industrial and service hub will be established at the Port of Gdańsk, designed to support installation vessels for the construction and operation of offshore wind farms. The Center for EU Transport Projects has signed an agreement with the contractor for the installation terminal. This significant project will receive over PLN 900 million in [...]
Faced with dynamic changes in labour and raw material costs, the Polish government has decided to raise the maximum price for energy generated by offshore wind farms. Under Phase II of offshore development, the strike price is to increase from the originally proposed PLN 471.83/MWh to PLN 512.32/MWh, an increase of around PLN 40. The [...]
Baltic Power has announced plans to implement a temporary compensation scheme for fishermen fishing in the area where the first Polish offshore wind farm is planned. The squares in question are O7, O8, N7, N8, approximately 23 km from the shore. The solution is transitional and will remain in force until a ministerial decree regulating [...]
The 2nd edition of the 'Competencies for Offshore Wind' conference organised by the Offshore Wind Energy Centre of Gdnia Maritime University will take place on 15 October. Poland is intensively developing the offshore wind energy sector, which is soon to become one of the pillars of energy generation in the country. Multi-billion dollar investments in [...]
Polenergia and Equinor are taking another important step in the development of the Bałtyk 1 offshore wind farm. The companies have signed an agreement for advisory services in terms of design work and obtaining a set of construction permits. Bałtyk 1 is the project of the largest wind farm in the Polish part of the [...]
In the Lubiatowo area, the first of four directional drills under the coastline, beach, and seabed has been successfully completed, with no direct impact on areas of high ecological value. This phase of the project paves the way for connecting the Baltic Power offshore wind farm to its onshore substation. The 1.4 km tunnel will [...]
On October 16, 2024, during the OTD Bergen 2024 Trade Fair in Bergen, Norway, a multilateral event will bring together key stakeholders from Poland, Norway, and Latvia to discuss the future of offshore wind energy. The event is organized by the Polish Agency for Enterprise Development (PARP) in collaboration with Innovation Norway, Polish Investment & [...]
PGE plans to finalise financing for the Baltica 2 offshore wind project next month, as stated by PGE CEO Dariusz Marzec. The Baltica 2 project, with a capacity of about 1.5 GW, is one of key stages in the development of offshore wind farms in Poland, implemented by PGE in cooperation with Danish energy giant [...]
Cadeler A/S has signed firm contracts with the offshore wind farms Bałtyk 2 and Bałtyk 3, both being joint venture projects owned 50% by Equinor and 50% by Polenergia. The total potential value of these contracts to Cadeler is expected to be in the range of EUR 120-144 million, with operations scheduled to begin in [...]
Dozens of Polish companies interested in participating in the realisation of offshore wind farms Bałtyk 2 and Bałtyk 3 took part in the Supplier Day held in Gdansk. The event was organised by Polenergia and Equinor, which jointly implement the Bałtyk offshore wind farm projects, as well as main suppliers of internal and export cables. [...]
Ustka, 23 September 2024: RWE and the Ustka Port Authority have signed a land lease agreement for the construction of an operations and maintenance base for the F.E.W. Baltic II offshore wind farm. The base is one of the key elements in the realisation and subsequent operation of the planned wind farm, and will have a [...]
Next week, the world's largest and most important business platform for the wind energy industry, WindEnergy Hamburg 2024, will kick off! This prestigious international event, taking place from September 24-27, brings together industry professionals, stakeholders, and innovators from across the globe to exchange knowledge, build networks, and finalize significant deals. WindEnergy Hamburg stands as a [...]
The European Commission has approved a Polish aid programme worth approximately €1.2 billion (PLN 5 billion) to support investment in strategic sectors to assist in the transition to a net-zero-emission economy. The scheme was approved under the Temporary Crisis and Transition Framework (State Aid Temporary Framework) adopted by the Commission on 9 March 2023 and [...]
The new KUKE guarantees will make it easier for Polish companies to finance energy transition expenditures and investment projects aimed at achieving net-zero climate goals, and they will also help banks to reduce their risk and increase their lending capacity in regard to funding green transition New KUKE guarantees will help Polish companies finance expenses [...]
Global wind turbine order intake reached new highs in H1, with 91.2 gigawatts (GW) of activity, a 23 percent increase year-over-year, according to a new analysis from Wood Mackenzie. Globally, investment by developers in H1 totaled US$ 42 billion, a 3% increase. Much of this increase was due to order intake in Q2, which exceeded [...]
Polenergia and Equinor have signed another key contract for the Bałtyk 2 and Bałtyk 3 offshore wind farm projects. The contract is for horizontal drilling in the landfall area. The contractor for the work for both projects is the Dutch company Visser & Smit Hanab. The signed agreement is yet again bringing Polenergia and Equinor [...]
Poland has simultaneously sent the 2nd and 3rd payment applications from the National Recovery Plan (NRP) to the European Commission. The total amount of payments from these two applications will be greater than the previous one and may amount to more than PLN 40 billion (around €9.4 billion), including more than PLN 17.5 billion (€4.1 [...]
PGE and Ørsted, with Istrana sp. z o.o., have signed a lease agreement for the future T5 terminal in the Port of Gdansk. It will be used for storage, pre-assembly and offshore installation of turbine components for the Baltica 2 project. - The agreement on the lease of the terminal provides us with space necessary [...]
A letter of intent between Rumia Invest Park and Baltic Towers has been signed in recent days, opening up a new prospect of cooperation on offshore wind energy. The project aims to support the local labour market through the development of innovative competences, as well as educational and recruitment initiatives aimed at future technicians and [...]
Spire Capital Partners (SCP) has announced its latest investment, acquiring a controlling stake in Bioseco, a pioneering company in bird protection technology for wind farms. With this investment, Bioseco aims to accelerate the deployment of more than 200 new bird protection systems by 2025, expanding its reach in international markets. Bioseco, a Polish company founded [...]
Polenergia and Equinor, who are jointly developing three offshore wind farms in the Baltic Sea, have signed a significant agreement with Tele-Fonika Kable. The Polish company will produce and deliver land cables for the Bałtyk 2 and Bałtyk 3 projects. Tele-Fonika Kable is ranked among the global leaders in the cable industry. “We want our [...]
At a recent panel debate held at the Permanent Representation of Poland to the EU, organized by PGE with Euractiv as media partner, industry leaders and government representatives discussed the crucial role that offshore wind in the Baltic Sea will play in Europe’s energy future. As the European Commission prepares for its new mandate, the [...]
In a significant step towards accelerating Poland’s energy transition, a total of PLN 70 billion (EUR 16 billion) from the National Recovery Plan (KPO) will be provided in the form of preferential loans to support investments in the country’s energy sector. The agreement was signed by Minister Paulina Hennig-Kloska and Mirosław Czekaj, President of Bank [...]
It is in the interest of both Poland and Denmark to cooperate and jointly develop a supply chain for the offshore and onshore wind energy sector. It will provide raw material and service base for investment projects in the coming decades. These are the key objectives of Polish delegation's mission to Denmark, "Building the wind [...]
Orlen, Poland's largest oil company, is considering new investments in Lithuania, such as the construction of a wind farm in the Baltic Sea and the production of green hydrogen. These were among the topics of Wednesday's meeting between Lithuanian Prime Minister Ingrida Šimonytė and ORLEN CEO Ireneusz Fąfara. - We are looking for new development [...]