Spanish energy company Iberdrola has begun construction of its 50.5MW Korytnica II wind farm in Poland.
Located in the Mazowieckie region north-east of Warsaw, the facility will increase the company’s onshore wind power capacity in Poland to 163MW.
Iberdrola already operates the 30MW Zopowy wind farm in the Opole region and the Korytnica I wind farm, which has 82.5MW of capacity.
The company said its newest facility will generate enough clean energy to meet the demands of 40,000 Polish households.
Iberdrola will sell the energy produced at the Korytnica II wind farm via a power purchase agreement with Norwegian company Statkraft.
The agreement will be supported by a contract for difference secured in an auction held in Poland last June.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe facility is scheduled to start operations in the first quarter of next year.
Iberdrola also has a portfolio of offshore wind projects in Poland, with a potential capacity of up to 7.3GW.
The company revealed that it intends to establish a Baltic Sea hub in Poland, which will serve as an epicentre for offshore and onshore services.
The proposed hub will also be used to offer local content for the company’s projects on the Germany-Poland-Sweden axis.
Iberdrola noted that the Baltic Sea has an offshore wind development potential of 93GW, 28GW of which would be located in Polish waters.
The company’s investment in clean energy and grids is part of its strategy to become carbon-neutral by 2030.
Last month, Iberdrola received approval from the German Federal Maritime and Hydrographic Agency to develop Baltic Eagle, the largest offshore wind farm in the Baltic Sea.
Located 30km north-east of the island of Rügen, the Baltic Eagle wind farm is part of a 1.1GW offshore wind complex being built with a €3.5bn ($3.7bn) investment.