The wind speed at the plant site is 9m/s. It has 21 Siemens wind turbines spread over an area of seven square kilometres in the Baltic Sea.
Baltic 1 wind farm detailsīaltic 1 is situated 16km north of the Daras / Zingst coastal towns and is expected to generate 185GWh a year. The remaining €58m is being provided by other partners in the consortium. A loan of €80m, committed by EIB in March 2011, is incorporated in the structured finance. A bank consortium of the European Investment Bank (EIB), KfW IPEX-Bank, Landesbank Baden-Württemberg (LBBW) and NIBC Bank, has arranged a loan of €138m. The Baltic 1 project financing was structured and completed in December 2011. In order to achieve this goal, the German Government began a €5bn programme in June 2011 for the development of offshore wind energy. Germany aims to generate 25,000MW of electricity from offshore wind parks by the end 2030. It will contribute to Germany’s renewable energy target of 30% by 2020. The project was commissioned in May 2011. The foundation for Baltic 1 was laid in the second quarter of 2010. The total cost of the projects is around €3bn.
The four projects together will have an output of 1,200MW. It is owned and operated by EnBW Energie Baden-Württemberg of Germany.īaltic 1 is one of the four offshore projects won by EnBW in 2008. It has an installed capacity of 48.3MW which is sufficient to power 50,000 homes. Baltic 1 Offshore Wind Farm is Germany’s first commercial offshore power project located in the Baltic Sea.