Ignitis Renewables, a subsidiary of Ignitis Group, a green energy company operating in the Baltic states and Poland signed a contract and initiated the construction of the wind farm in the Lower Silesian Voivodeship.
The installed capacity of the wind farm will be 50 megawatts (MW) and the total investments will reach approximately 70 million euros. The wind farm will start generating its first electricity in the fourth quarter of 2023 and the estimated production is expected to be around 122 gigawatts-hours (GWh) per year.
In Poland, the company already owns a wind farm in Pomerania, with a total capacity of 94 MW and is developing an 80 MW solar power plant portfolio as well as 150 MW greenfield projects.
“The new wind farm in Poland will contribute to the Group’s Green Generation portfolio and will contribute to the reduction of electricity price in the region,” said Thierry Aelens, CEO of Ignitis Renewables. “It is important to note that the investments of Ignitis Renewables in other markets do not affect the electricity price in Lithuania, but generate profit, which returns to Lithuania in the form of dividends.”
The construction works of the new wind farm in southwestern Poland, near the border with the Czech Republic, will be carried out by CJR Renewables, a company with extensive experience in onshore wind farm constructions. This contractor also constructed another wind farm of Ignitis Renewables with 94 MW capacity in Pomerania, which launched at the end of last year. It is one of the largest wind farms in Poland and the first project of its kind for Ignitis Group in the country.
“With this project, we are strengthening our position in Poland and contributing to Ignitis Group’s goal of delivering the best results from renewable energy projects,” added Bartosz Sobolewski, Regional Manager of CJR Renewables.