With this announcement, Ørsted and PGE are making a decisive jump forward into the renewable energy future. Collectively, they’re moving ahead with the remarkable 1.5 gigawatt (GW) Baltica 2 wind farm project. This new ambitious initiative—which will include 107 turbines—will significantly improve the region’s energy sustainability. They exercised the final investment decision on Baltica 2 in January 2025. This is huge because it’s the first time that they’ve reached such a critical point and real progress is about to be made with construction.
The build of Baltica 2 will mostly happen in Poland’s construction yards, as well as other chosen locations in Europe. Like any strategic approach, this smarter long-term investment spurs greater local economic growth. Equally important, it showcases the collaboration and partnership required to develop and deploy renewable energy technologies.
Financial Backing and Support
The European Bank for Reconstruction and Development (EBRD) is pumping up the construction of Baltica 2 with a 550 million euro loan. That’s about €200 million, or about $206.9 million. This financial backing is essential for ensuring the project remains on schedule. More importantly, it gets us there to meet our ambitious targets.
The Baltica 2 contract is further confirmation of our growing expertise to help power the global offshore energy sector. We’re very proud to be leading the data-driven component of a project so vital to America’s energy transition.”
Paul Smith, UTEC geo-services executive vice-president
EBRD’s support underlines just how crucial international cooperation is for funding renewable energy projects. These projects are critical to realizing the globe’s climate goals.
Technological Innovations and Data Acquisition
Ørsted has taken an important step by bringing Acteon on board. For the Baltica 2 project, they will be managing the design, engineering, procurement, installation and commissioning of measurement and data acquisition technologies. This partnership will do just that – through proactive data collection of key information. Our mission is to keep the wind turbines in a good structural condition during their operation life.
As part of the project, multiple campaigns will be conducted to measure key metrics that help determine what is best for maximizing performance. This broad integration of next-gen, data-driven technologies reveals Ørsted’s commitment to using innovative technologies to help shape the future of the renewable energy industry.
Timeline and Future Prospects
Installation of Baltica 2 is expected to be completed by the end of 2027. As the project progresses, we’ll be deploying it onto 36 leading media outlets. In particular, this will significantly improve their ability to raise awareness and drive engagement with stakeholders across the region.
As seen from the Baltica 2 wind farm, pioneering offshore wind energy’s frontiers. In fact, it’s a key part of developing a healthier, safer, and more sustainable world. As Ørsted and PGE continue to collaborate on this project, they set a strong precedent for future developments in renewable energy.