Norwegian Company Wins Another Wind Area Offshore Estonia

Business & Finance

July 1, 2024, by Adnan Memija

Just days after acquiring its first offshore wind site in Estonia, Norway’s Deep Wind Offshore has secured another area in the Estonian part of the Baltic Sea with a winning bid starting at approximately EUR 1.33 million.

Deep Wind Offshore Saare 2.2 — *Source: Estonia’s Consumer Protection and Technical Regulatory Authority (CPTRA)*

Estonia’s Consumer Protection and Technical Regulatory Authority (CPTRA) announced on 28 June that Deep Wind Offshore is the winner of the auction for the Saare 2.2 area.

The Norwegian company recently won the auction for the Saare 2.1 site in the Baltic Sea.

Deep Wind Offshore emerged as the sole bidder and secured the winning offer at the starting price of EUR 1.33 million, according to CPTRA.

The winner of the auction can commence with the development of an offshore wind farm in the Saare 2.2 area, which spans 88.5 square kilometres, said CPTRA. According to its building permit application, Deep Wind Offshore plans to install up to 56 wind turbines with a total capacity of up to 840 MW in the area.

This is in addition to the 98 units the company plans to install at the Saare 2.1 site, which covers 163.8 square kilometres.

Deep Wind Offshore plans to build up to 154 wind turbines with a total capacity of up to 2.4 GW on two sea areas.

“We are pleased to expand our area for exclusive development. We look forward to the discussions with the Estonian Authorities about how this project can contribute to the country reaching its climate goals, enhance energy security, build value chains, and create local jobs”, said Knut Vassbotn, CEO of Deep Wind Offshore.

In April, CPTRA announced that it was reviewing ten applications for three offshore wind sites west of Saaremaa.

The ten applications were submitted by Estonia Offshore Wind DevCo (Ignitis Group), Deep Wind Offshore, and Utilitas Wind for all three sites – Saare 2.1, Saare 2.2 and Saare 3 – and by Sunly Wind for the Saare 3 site.

The auction for Saare 3 will take place from 2 July until 4 July.