During May this year, Baltic 1, a 48.3 MW wind park, the first offshore wind production facility located in the Baltic Sea has started its power production. The facility will generate around 185 GWh of power every year to meet the yearly power requirements of 50,000 homes. Earlier, last year alpha ventus, a wind farm located at North Sea started generating 60 MW power.
The other offshore wind power generation facilities that are under various stages of completion include BARD Offshore 1, a 400 MW facility in the North Sea, Dan Tysk and Baltic 2 each with production capability of 288 MW, Amrumbank West 300 MW and Nordsee Ost 295 MW.
KfW Banking Group of Germany is anticipated to earmark around EUR 5 billion credit exclusively for the construction of the first 10 offshore wind generation facilities in the country.