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July 26, 2021

Van Oord to install foundations at Baltic Eagle wind farm

The Baltic Eagle offshore wind farm is scheduled to be fully operational by the end of 2024.

Dutch maritime contracting company Van Oord has signed a contract with Iberdrola for transporting and installing monopile foundations for the Baltic Eagle offshore wind farm in Germany.

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Van Oord will use Svanen, its 8,000t heavy-lift installation vessel, to install 50 foundations at the offshore wind facility.

The company has also agreed to supply, transport and install the inter-array cables using its Nexus cable laying vessel and Dig-It trencher.

Van Oord will customise the Dig-It to allow it to handle the Baltic Sea’s soft soil conditions.

The offshore works for the Baltic Eagle project are due to begin in 2023.

Van Oord Offshore Wind managing director Arnoud Kuis said: “We are very pleased to be working with Iberdrola again, this time on the Baltic Eagle project in the German Baltic Sea.

“Combining the installation of foundations [with] the supply and laying of cables will ensure the project is executed efficiently.”

With 476MW of power generation capacity, the Baltic Eagle wind farm will have the potential to supply renewable energy to 475,000 households while offsetting around one million tonnes of carbon dioxide a year.

The offshore wind farm is scheduled to be fully operational by the end of 2024.

Iberdrola Germany country manager Iris Stempfle said: “Iberdrola is one of the leading developers contributing to the energy transition by investing in offshore wind projects around the globe.

“Our Baltic Hub in Germany will have an installed capacity of 826MW by the end of 2024.

“Tapping into the expertise of Van Oord yet again makes us confident that the Baltic Eagle offshore wind farm will be delivered as planned.”

In 2019, Denmark-based renewable energy company MHI Vestas was contracted to supply turbines for the Baltic Eagle project.

Earlier this month, Iberdrola acquired renewable energy firm Sowitec Vietnam, which has a 550MW renewable pipeline currently being developed.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.

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