In the fourth article of the series, we will take a look at the green energy companies Ignitis Renewables and Copenhagen Infrastructure Partners (CIP). These companies have partnered up to successfully bid in the auction-based tender for the development of an offshore wind farm in the Liivi 2 sea area in Estonia. [1].
The CEO of Ignitis Group, Darius Maikštėnas, stated: “This is the second offshore wind tender secured by Ignitis Renewables in the Baltic States. […] By winning, Ignitis Group achieves its strategic goal of securing a second offshore wind development project in our home market, which is a substantial step towards our overall objective to achieve 4–5GW of installed green and flexible capacities by 2030.” [2].
The Project
The 1.7 million Euro bid secured the 115 square kilometre area, located northwest of Ruhnu Island, near Estonia’s Baltic Sea Coast. The proposed development has a total capacity of up to 1.4 gigawatts and is predicted to become operational after 2030.
CIP’s head of the group’s growth market funds, Ole Kjems Sørensen, said the success of the bid marked an “important step” in expanding the group’s presence in the region.
Figure 1: Offshore Turbine. [4]
The Partnership
Ignitis Renewables and CIP reached an agreement to collaborate on offshore wind opportunities in Estonia and Latvia early last year. Ignitis’ position in the Baltic region market combined with CIP’s global offshore wind expertise puts them in a prime position for bids like Liivi 2.
The two companies intend to continue their partnerships long term for the energy transition in the Baltic region and have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia and Latvia. Ignitis Renewables and CIP aim to become active partners supporting Baltic states’ decarbonisation targets and energy security ambitions through the deployment of offshore wind. [3].
Progress in the Baltic States
As well as the Liivi 2 project in Estonia, Ignitis have also successfully bid on Lithuania’s first offshore wind development, alongside wind experts Ocean Wind. There are an increasing number of offshore wind projects across the Baltic States, including ELWIND and Harmony Link, and Ignitis are taking the lead.
We will be keeping an eye on further developments in this sector throughout our Baltic States Series.
Pager Power
Pager Power has worked on assessments with respect to wind developments in the UK and internationally. Pager Power is a dedicated technical consultancy that has been providing independent guidance and advice regarding solar developments, wind farms, and building developments internationally since 2002. Pager Power has completed over 1,200 glint and glare assessments and over 1,000 aviation/radar impact assessments.
If you require assistance for one of your projects, please get in touch on our website or call us on +44 (0)1787 319001.
References
[2] https://www.power-technology.com/news/ignitis-cip-estonias-offshore-wind/?cf-view
[4] Last accessed January 2024. Available at: https://unsplash.com/photos/windmill-during-sunset-U16ligRK QB0
