Ignitis Group Seeks Partner for Lithuania’s 700MW Offshore Wind Tender

Tuesday, October 15, 2024
© Thomas / Adobe Stock

Ignitis Group has set out plans to participate in the second offshore wind tender for the rights to develop around 700 MW of offshore wind capacity in the Baltic Sea, while also launching a selection process for the partner in potential developments.

The tender is expected to start on November 18, 2024, and the winner will announce by the National Energy Regulatory Council, which is overseeing the process, by the end of April 2024.

If no partners are selected by the end of the tender, Ignitis Group said it will participate in the tender without partners and continue the selection process in parallel. 

The company’s objective is to increase its Green Capacities four times over - from 1.3 GW in 2023 to 4–5 GW by 2030.

Based on the strategy, Ignitis Group aims to develop one offshore wind development project with COD around 2030 and one with a COD post 2030.

Categories: Renewable Energy Industry News Activity Europe Offshore Wind

Related Stories

OSC, Ashtead Technology Bolster Joint Environmental Services Offer

OSC, Ashtead Technology Bolster Joint Environmental Services Offer

First Steel Cut for HVAC Infrastructure for Belgian Offshore Energy Hub

First Steel Cut for HVAC Infrastructure for Belgian Offshore Energy Hub

Equinor and Gwynt Glas Secure Rights to Build Floating Wind Farms off UK

Equinor and Gwynt Glas Secure Rights to Build Floating Wind Farms off UK

Current News

Siemens Gamesa Discusses European Production With Chinese Rare Earth Suppliers

Sierra Leone Awaits Results of Offshore Seismic Survey Ahead of Possible Oil and Gas Auction

Bernhard Schulte Offshore Delivers New Commissioning Service Operation Vessel

OSC, Ashtead Technology Bolster Joint Environmental Services Offer

Subscribe for OE Digital E‑News

Offshore Engineer Magazine