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OWF Beatrice generated first electricity

The offshore wind farm (IMF) Beatrice Offshore, built off the coast of Scotland, has started producing electricity after successful installation of the first 7 MW wind turbines. The 588MW project will comprise 84 wind turbines and will be capable of powering some 450,000 households, once operational in 2019.

Industrial Development Agency bought Gdańsk Shipyard and GSG Towers

The Industrial Development Agency (ARP) finalised deal and bought 81,05% shares of Gdańsk Shipyard and 50% of the GSG Towers - the businesses controlled by Ukrainian investor. 

Kriegers Flak Cables Now In Place

Offshore cables of the Kriegers Flak Combined Grid Solution are finalised. The cable contects the Danish and German transmission grids in combination with the infrastructure of offshore wind farm grid connection in the Baltic Sea.

REN21: 70% additions to global power is RES energy

Renewables 2018 Global Status Report (GSR) - REN21 published an annual report on statistics on renewable energy sources (RES) in the world. According to the data, last year was record-breaking in terms of RES expansion. 70% of new production capacities completed last year were renewable sources.

Polenergia and Statoil with signed agreement

Polenergia S.A. signed an agreement with Statoil to dispose of 50% of shares of offshore wind farms projects Polenergia Bałtyk II and Polenergia Bałtyk III with a total capacity of 1 200 MW. On May 22, 2018, ownership of shares went to Statoil Holding Netherlands. In addition, Polenergia concluded agreements with the Statoil New Energy Service Center for the development and implementation of offshore wind farm projects in the Baltic Sea.

PFR Group is interested in offshore

Polish Development Fund (PFR Group) is interested in financing offshore wind farm projects in Poland. Janusz Ogłaza, PFR's investment director, said that the involvement in financing will be possible if the project is profitable. "(...) The costs of offshore technology are falling, there may be support systems, some projects are already materializing, we look at them. It seems to be an asset class in which we would like to find if it is profitable, with support."
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