Northland Power moves into Baltic Sea offshore wind expansion

Canada-based Northland Power has bought a 49% stake in a 1.2GW Polish offshore wind farm in the Baltic Sea

Northland Power also has majority stakes in the Netherlands' Gemini project and Germany's Nordsee One
Northland Power also has majority stakes in the Netherlands' Gemini project and Germany's Nordsee One

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Announced today, Northland Power confirmed an agreement with Polish oil giant PKN Orlen to acquire a 49% interest in the 1200MW Baltic Power Baltic Power (1200MW) Offshoreoff Łeba and Choczewo, Pomeranian Voivodeship, Poland, Europe Click to see full details offshore wind project, which will be located approximately 23km off Poland’s coast.

There is currently around 2.2GW of installed offshore wind capacity in the Baltic Sea, offshore capacity stands at around 2.2GW. Most of this is in located in Danish and German waters, with 880MW and 1,075MW, respectively.

There are no offshore wind sites yet in Poland or in the smaller Baltic states of Estonia, Latvia, and Lithuania. 

The latest Northland Power investment could change this. The Canadian firm expects to invest around PLN 290 million ($77.8 million) in the Baltic Power project, with the aim to secure a 25-year contract for difference (CfD) offtake agreement.

Recently, the wind farm has secured its location permit, signed a grid connection agreement and has filed its environmental permit.

Construction activities are scheduled to start in 2023, with commercial operations expected in 2026.

Northland’s offshore wind portfolio in Europe currently consists of controlling interests in three operational offshore wind facilities in the North Sea: 600MW Gemini Gemini (600MW) OffshoreNetherlands, Europe Click to see full details, 332MW Nordsee One Nordsee One (332MW) Offshorenorth of Juist, Germany, Europe Click to see full details and the 252MW Deutsche Bucht Deutsche Bucht (252MW) Offshorenorth-west of Borkum, Germany, Europe Click to see full details projects.

Poland’s draft energy policy has put forward ambitions to add 10-12GW of offshore wind capacity and an additional 15GW of solar capacity on the national grid by 2040.

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