Lithuania has announced the tender of its second 700MW offshore wind park.
Participants will have 90 days to register and submit their documents – from 8am on 16 January to 5pm on 15 April.
Companies seeking to develop the site, planned to be about 30km from Palanga, have to meet a range of requirements including experience in developing offshore projects, financial performance and compliance with national security.
Bidders will be eligible for a 15-year state incentive. The bid would be awarded to the participant offering the highest development fee or requesting the lowest annual electricity generation incentive from the state at the lowest price.
The winner will also have to provide funds for environmental protection in the Lithuanian maritime area. Once the site is built, the developer will be obliged to make an annual contribution (€1 per 1MWh of electricity generated) to the communities in the vicinity of the project.
The successful bidder for the park in the 136 square kilometre territory will not have to carry out offshore surveys and other activities necessary for the development and construction of the infrastructure, or prepare an Environmental Impact Assessment, which will be carried out by the state.