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Masdar, Iberdrola install first wind turbine at Baltic Eagle wind farm

The wind farm, which is on track to start operations by the end of the year, will consist of 50 wind turbines built on monopile foundations

by Kudakwashe Muzoriwa

May 10, 2024

Masdar, Iberdrola’s wind farm to start operations in Q4 2024

Image credit: Abu Dhabi Future Energy Company – Masdar

Abu Dhabi renewable energy firm Masdar and Iberdrola have installed the first wind turbine at the 476-megawatt (MW) Baltic Eagle offshore wind farm in Germany.

The Baltic Eagle wind farm, which is on track to start operations by the end of the year, will consist of 50 wind turbines built on monopile foundations, each with a unit capacity of 9.53 MW.

The wind farm will have an anticipated annual production capacity of 1.9 terawatt-hours (TWh), enough to meet the clean energy demands of 475,000 homes.

“With the installation of its first wind turbine, Baltic Eagle is taking shape off the German Baltic coast. This marks the start of the final phase in the construction of the offshore wind farm, which is expected to become fully operational later this year,” said Felipe Montero, the CEO of Iberdrola Deutschland.

Iberdrola will retain a majority 51 per cent stake in the asset, which will help to accelerate green energy security in Europe.

The global clean energy firm will control and manage the asset, providing operation and maintenance services and other corporate services.

Masdar accelerates global energy transition

Meanwhile, Masdar aims to build a renewable energy portfolio with a capacity of 100GW by the end of the decade.

The UAE clean energy firm closed the acquisition of a 49 per cent stake in RWE’s $13.9bn (GBP11bn) UK Dogger Bank South offshore wind farm in March – one of the world’s largest offshore wind farms.

The 3 gigawatts (GW) wind farm is expected to generate enough electricity to power three million homes and create 2,000 jobs during construction and an additional 1,000 during the operational phase.

Masdar previously partnered with RWE on the 630MW London Array wind farm.

Last December, Masdar and Iberdrola agreed to co-invest $16.2bn (EUR15bn) in offshore wind and green hydrogen projects in key markets including Germany, the UK and the USA.

The renewable energy company also invested in the 30MW Hywind project – the world’s first floating offshore wind farm – and the 402MW Dudgeon offshore wind farm.