CIP and Ignitis Renewables win second Estonian offshore wind tender
Published by Theodore Reed-Martin,
Editorial Assistant
Energy Global,
Having previously won the Liivi 2 site in Estonia’s first offshore wind tender held in December 2023, Copenhagen Infrastructure Partners (CIP) and international green energy company, Ignitis Renewables, see the adjacent site of Liivi 1 as a natural extension of the seabed area. This will allow for greater synergy and optimisation in developing the sites as a single offshore wind project.
The maritime area of both sites is in the Gulf of Riga, northwest of Ruhnu Island and near Estonia’s Baltic Sea coast, covering approximately 193 km2. The project, to be developed on the two sites combined, is expected to become operational post 2030, subject to obtaining the relevant permits, contracting suppliers, and securing financing.
CIP and Ignitis Renewables have signed an agreement to collaborate exclusively on offshore wind opportunities in Estonia and Latvia. The partnership leverages CIP’s global offshore wind expertise and Ignitis Renewables’ leading market position in the Baltic region.
Having now secured both the Liivi 1 and Liivi 2 sea areas, CIP and Ignitis Renewables have a strategic position to optimise the scale and potential of the sites, representing a key investment in Estonia’s transformation into a sustainable, long-term green energy hub in Europe.
For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.
Energy Global's Winter 2023 issue
The Winter 2023 issue of Energy Global hosts an array of technical articles weather analysis, geothermal solutions, energy storage technology, and more. This issue also features a regional report looking at the future of renewables in North America, and a report from Théodore Reed-Martin, Editorial Assistant, Energy Global, on how Iceland utilises its unique geology for renewable energy.
Read the article online at: https://www.energyglobal.com/wind/18012024/cip-and-ignitis-renewables-win-second-estonian-offshore-wind-tender/
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