emirates7 - The installation of turbines at the 476 MW Baltic Eagle offshore wind farm has been successfully completed. The project is a joint venture between Masdar, Abu Dhabi Future Energy Company, and Iberdrola, a global leader in clean energy.
Once fully operational, Baltic Eagle will generate renewable energy sufficient to power approximately 475,000 households, while reducing carbon dioxide emissions by around 800,000 tons annually.
Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President, and Chairman of Masdar, remarked, "The completion of the 50th and final turbine installation at the Baltic Eagle offshore wind farm marks a significant milestone. The project is on track to provide clean, renewable energy to 475,000 homes in Germany as planned."
He also highlighted that this milestone strengthens Masdar's partnership with Iberdrola, aiding the expansion of their offshore wind portfolio and supporting the global shift towards cleaner energy. The partnership was further underscored by a €15 billion agreement signed during COP28 in the UAE, aiming to triple global renewable energy capacity by 2030.
The 50 wind turbines, each with a capacity of 9.53 MW, were supplied by Vestas and installed by Fred. Olsen Windcarrier.
Ignacio Galán, Executive Chairman of Iberdrola, commented, "The completion of turbine installation at Baltic Eagle is a pivotal achievement in a record year for our offshore wind activities. This project keeps us on course to reach nearly 5,000 MW of offshore capacity worldwide by 2026."
He added that Baltic Eagle, the second wind farm in Iberdrola's Baltic Hub, will significantly contribute to Germany's energy transition by delivering clean, local energy to almost half a million homes while cutting emissions. Galán emphasized the importance of the partnership with Masdar, which shares a vision of utilizing offshore wind to enhance green energy security in Europe, made possible by the dedication of the on-site teams.
Masdar and Iberdrola first partnered on Baltic Eagle in July 2023. During COP28, the two companies announced a further €15 billion collaboration to explore offshore wind and green hydrogen projects in major markets like Germany, the UK, and the US.
Masdar CEO Mohamed Jameel Al Ramahi called the turbine installation an important milestone for Baltic Eagle, which initiated the partnership with Iberdrola last year, uniting two pioneers of clean energy. He emphasized the key role of offshore wind in the energy transition and expressed confidence in a long-term collaboration with Iberdrola that will deliver impactful, large-scale projects contributing to global net-zero goals.
Masdar remains committed to advancing offshore wind projects worldwide, aiming to achieve a renewable energy portfolio of 100 GW by 2030, in line with the UAE's goal to triple global renewable capacity by the decade's end.
Iberdrola’s Baltic Hub, set to reach over 1.1 GW by 2026 with investments totaling approximately €3.7 billion, includes Baltic Eagle, along with the operational Wikinger (350 MW) and the planned Windanker (315 MW). Together, these projects reinforce Iberdrola's integrated growth strategy in the German market, supporting local climate targets through sustainable energy solutions. Baltic Eagle marks Masdar's first collaboration with Iberdrola, its inaugural project in Germany, and the largest euro-denominated financing in Masdar’s history.
Once fully operational, Baltic Eagle will generate renewable energy sufficient to power approximately 475,000 households, while reducing carbon dioxide emissions by around 800,000 tons annually.
Dr. Sultan Al Jaber, UAE Minister of Industry and Advanced Technology, COP28 President, and Chairman of Masdar, remarked, "The completion of the 50th and final turbine installation at the Baltic Eagle offshore wind farm marks a significant milestone. The project is on track to provide clean, renewable energy to 475,000 homes in Germany as planned."
He also highlighted that this milestone strengthens Masdar's partnership with Iberdrola, aiding the expansion of their offshore wind portfolio and supporting the global shift towards cleaner energy. The partnership was further underscored by a €15 billion agreement signed during COP28 in the UAE, aiming to triple global renewable energy capacity by 2030.
The 50 wind turbines, each with a capacity of 9.53 MW, were supplied by Vestas and installed by Fred. Olsen Windcarrier.
Ignacio Galán, Executive Chairman of Iberdrola, commented, "The completion of turbine installation at Baltic Eagle is a pivotal achievement in a record year for our offshore wind activities. This project keeps us on course to reach nearly 5,000 MW of offshore capacity worldwide by 2026."
He added that Baltic Eagle, the second wind farm in Iberdrola's Baltic Hub, will significantly contribute to Germany's energy transition by delivering clean, local energy to almost half a million homes while cutting emissions. Galán emphasized the importance of the partnership with Masdar, which shares a vision of utilizing offshore wind to enhance green energy security in Europe, made possible by the dedication of the on-site teams.
Masdar and Iberdrola first partnered on Baltic Eagle in July 2023. During COP28, the two companies announced a further €15 billion collaboration to explore offshore wind and green hydrogen projects in major markets like Germany, the UK, and the US.
Masdar CEO Mohamed Jameel Al Ramahi called the turbine installation an important milestone for Baltic Eagle, which initiated the partnership with Iberdrola last year, uniting two pioneers of clean energy. He emphasized the key role of offshore wind in the energy transition and expressed confidence in a long-term collaboration with Iberdrola that will deliver impactful, large-scale projects contributing to global net-zero goals.
Masdar remains committed to advancing offshore wind projects worldwide, aiming to achieve a renewable energy portfolio of 100 GW by 2030, in line with the UAE's goal to triple global renewable capacity by the decade's end.
Iberdrola’s Baltic Hub, set to reach over 1.1 GW by 2026 with investments totaling approximately €3.7 billion, includes Baltic Eagle, along with the operational Wikinger (350 MW) and the planned Windanker (315 MW). Together, these projects reinforce Iberdrola's integrated growth strategy in the German market, supporting local climate targets through sustainable energy solutions. Baltic Eagle marks Masdar's first collaboration with Iberdrola, its inaugural project in Germany, and the largest euro-denominated financing in Masdar’s history.