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Offshore wind development is strategically important for the global energy transition. Successful development of wind farms in the Baltic Sea is a very important step towards regional energy independence.
Such projects will significantly increase local electricity generation from renewable energy sources and, thus, decrease the dependence on electricity imports. They will also facilitate the region's transition to a sustainable green energy hub and contribute to the goal to turn the Baltic States into energy exporters to Central Europe.
We are targeting to implement at least two offshore wind projects in the Baltic States, one in Lithuania (with estimated COD around 2030) and at least one more in another Baltic country (estimated COD after 2030).