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Equinor Enters Polish Offshore Wind Market on Large Scale

After Norwegian energy giant Equinor has already been involved in the first two projects, the company has now also announced its entry into the third Baltyk project.

Image: EquinorImage: Equinor

"The acquisition of Baltyk I strengthens our presence in the Baltic Sea area. With interest in all three - Baltyk I, II and III projects, we have the opportunity to build scale and value in what we see as an important energy region,” says Jens Økland, Senior vice president for business development in New energy solutions in Equinor. The wind farm area is located in the Baltic Sea at water depths of 25-35 metres, about 80 kilometres from Leba harbour.

Poland is an important market for Equinor and we are pleased to continue our partnership with Polenergia, which is an experienced energy company with an in-depth knowledge of the Polish energy market,” says Økland. The two companies have a 50/50 joint venture and are working together to mature the Baltyk projects towards construction. 

Equinor has also welcomed recent progress in developing a legal framework for offshore wind energy in Poland. Clearly defined targets for offshore wind energy, a robust and predictable framework that provides the right incentives and a streamlined approval process will be key success factors for the development of the offshore wind market in Poland and the realisation of the Polish supply chain potential.

Windfair Staff
Equinor, Poland, offshore, market, project, Baltyk, Baltic Sea

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