Iberdrola and Vestas have signed a contract to supply 50 units of the offshore wind turbine V174-9.5 MW for the Baltic Eagle project being developed off the island of Rügen, in German waters of the Baltic Sea. Both parties have also signed a contract for Service and Maintenance of the new turbines.
With 476.25 megawatt (MW) installed capacity and spanning a 40 km2 area, Baltic Eagle is the second major offshore initiative undertaken by the company in Germany. It will be connected to Lubmin substation through 2 new HV cables to be laid by 50Hertz. While boosting the company's renewables, Baltic Sea Hub will act as a center for offshore and onshore services, as well as providing local content for Iberdrola's projects in Germany and the Baltic coastal countries.
The complex, which will be operated from the port of Mukran on the island of Rügen, will produce enough energy to meet 45% of the total electricity consumption of the state of Mecklenburg-West Pomerania and it will displace 1.65 million tons of CO2 emissions per year, thus contributing to Germany's emission reduction targets.
Wind turbine installation scheduled to begin in the first quarter of 2024. When Baltic Eagle is commissioned, Iberdrola's total capacity in Germany will exceed 826 MW, having invested a total of EUR2.5 billion (USD3.04 billion).
Iberdrola and 50Hertz have signed an agreement for the construction, installation and commissioning of the offshore substation (OSS) for the 476 MW Baltic Eagle offshore wind farm in the German Baltic Sea.
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Prime Capital AG has completed junior debt financing for a European photovoltaic portfolio of the independent power producer MKM Invest Group, which was arranged with ENERPAZ.
Read moreGerman grid operator Amprion GmbH has awarded contracts valued at EUR 1 billion (US$1.1 billion) to Prysmian Powerlink Srl, a unit of Italy’s Prysmian SpA, and Sumitomo Electric Industries Ltd, a unit of Japan-based Sumitomo Electric Industries Ltd, for the development of the 2 GW A-Nord A-Nord Transmission Link Project in Germany.
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NKT GmbH & Co KG have been awarded a large turnkey contract of approx. EUR500 million (US$541.66 million) by the German transmission system operator 50Hertz. The contract comprises supply and installation of 525 kV XLPE high-voltage DC (direct current) onshore cable solution for a significant portion of the SuedOstLink transmission line in route lengths of approx. 275 km.
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Innogy SE has made the final investment decision for the construction of the 342-megawatt wind farm, which is to be built 35 kilometers north of the island of Helgoland, off the German coast.
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