Poland's PGE and Denmark's Orsted have taken the final decision to build Baltica 2, a 1.5-gigawatt offshore wind farm on Poland's Northwestern coast, the companies said on Wednesday.Both companies will own 50% of the farm which is expected to be fully commissioned in 2027, a joint statement read.'All major component and vessel contracts for Baltica 2 have been signed,' the statement said, adding that most of the project's capital expenditure was locked in鈥
Polish power-grid operator PSE said on Thursday its transmission network development plan for 2025-2034 assumes investment of more than $15.4 billion by 2034.The comprehensive plan will enable a significant increase in potential for new renewable energy sources鈥
SeaRenergy Group was awarded a Marine Coordination Services contract by Baltic Power for the construction phase of the Baltic Power offshore wind farm.The services will be kicked off with the preparatory phase in summer, with operations starting in the last quarter of 2024鈥
