•  
  •  
  •  

Poland's PGE draws interest from 13 potential offshore wind partners

Offshore wind turbines. Source: LICengineering (www.liceng.dk).

January 30 (Renewables Now) - The plan by Polish power group PGE Polska Grupa Energetyczna SA (WSE:PGE) to develop 2.55 GW of offshore wind in a 50/50 joint venture with a partner has drawn the attention of 13 parties.

PGE said in a statement today that 13 potential partners have responded to the invitation that was sent out early last month.

“Numerous stable partners have applied, including the largest players on the market, having thousands of megawatts completed in this technology so far,” said Henryk Baranowski, CEO of PGE.

The power group intends to eventually sell a 50% stake in a couple of special purpose vehicles (SPVs) to the partner it chooses. Those SPVs hold concessions for one 1,500-MW project and one 1,045-MW development, located about 25-30 km from the coastal city of Leba in the Baltic Sea. The start of power production from the wind farms is planned for 2025.

The two schemes represent the first stage of the group’s offshore programme, which, in turn, aligns with the country’s Energy Policy 2040. The current stage involves securing essential environmental permits, conducting wind strength surveys and undertaking works related to connection to the power grid, PGE explained, adding that it is also getting ready for preliminary geological surveys.

At present, PGE has 14 onshore wind farms, 29 hydropower plants (HPPs), four pumped storage facilities and one solar photovoltaic (PV) park. Their combined capacity amounts to 2,188.9 MW.

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription