# PGE signs wind turbine supply deal for Baltica 2
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2023-04-20
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: PGE Signs Wind Turbine Supply Deal for Baltica 2
Meta Description: Poland's biggest utility PGE partners with Siemens Gamesa Renewable Energy to install 107 offshore wind turbines, providing green energy to 2.4 million
URL: https://financedigest.com/pge-signs-wind-turbine-supply-deal-for-baltica-2html

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GDANSK (Reuters) – Poland’s biggest utility PGE said on Thursday a unit of the company had signed a deal with Siemens Gamesa [Renewable](https://www.financedigest.com/repsol-working-on-closing-first-renewable-asset-rotation-in-us-ceo.html) Energy for delivery and installation of 107 [offshore](https://www.financedigest.com/petrofac-hitachi-energy-receive-14-billion-agreement-from-tennet.html) wind turbines as part of the Baltica 2 project.

The turbines have a total capacity of 1,498 megawatts (MW) and are expected to be installed by the fourth quarter of 2027.

“This is a groundbreaking decision and the largest contract in the history of renewable energy in [Poland.](https://www.financedigest.com/intel-facility-is-largest-greenfield-investment-in-poland-pm-says.html) We are estimating that this project alone will be able to provide [green energy](https://www.financedigest.com/analysis-energy-market-turmoil-shakes-europes-green-power-plan.html "Analysis: Energy market turmoil shakes Europe’s green power plan") to about 2.4 million Polish homes,” said chief executive officer Wojciech Dąbrowski during conference call.

In February 2021, PGE and Danish partner Ørsted signed an agreement to form a 50/50 [joint venture](https://www.financedigest.com/bp-solar-joint-venture-expanding-in-australia-with-two-new-projects.html "BP solar joint venture expanding in Australia with two new projects") for the development, construction and operation of two offshore wind projects – Baltica 2 and 3 in the Baltic Sea – with a total potential capacity of up to 2.5 gigawatts.

According to PGE’s strategy, Baltica 2 and 3 are [set to be completed](https://www.financedigest.com/pep-co-poundland-set-to-complete-fastest-roll-out-in-recent-retail-history.html "PEP & CO & PoundLand Set To Complete Fastest Roll Out In Recent Retail History") by 2030.

[(Reporting by Patrycja Zaras Editing by Jason Neely and Mark](https://www.financedigest.com/geoengineering-marks-scientific-gains-in-u-n-report-on-dire-climate-future.html "Geoengineering marks scientific gains in U.N. report on dire climate future") Potter)


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