Ignitis grupė says its subsidiary Ignitis renewables, together with strategic associate Ocean Winds, have been confirmed as winners of the 700 MW Lithuanian offshore wind tender, administered by the Lithuanian Nationwide Power Regulatory Council.
Ignitis Renewables and Ocean Winds intend to arrange a three way partnership firm in Lithuania that will be awarded the event and operation allow, granting the fitting to make use of the maritime space within the Baltic Sea for electrical energy manufacturing for 41 years.
The realm is situated, on the nearest, 36 km from Lithuania’s Baltic Beach, masking roughly 120 km2.
Topic to acquiring the related permits, contracting suppliers and securing financing, the venture is anticipated to turn out to be operational till 2030. The 700 MW offshore wind farm ought to generate as much as 3 TWh of electrical energy, which might meet as much as 25% of Lithuania’s present electrical energy demand.
