PKN ORLEN to invest heavily on offshore wind in Poland

GE Renewable Energy will provide its expertise to strengthen ORLEN’s competitiveness to compete for new offshore wind leases in Poland.

GE Renewable Energy and PKN ORLEN have signed a MoU to explore ways to work together to support the development of offshore wind projects in Poland.

Poland is expected to award up to 10.9 GW of offshore wind projects by 2030 and up to 28 GW of offshore wind by 2050. The agreement can help accelerate the energy transition in Poland by helping the country take full advantage of its offshore wind resources.

GE Renewable Energy is already an active player in the Polish wind market with over 300 onshore wind turbines delivering 900 MW, with almost half of that coming online since 2018.

“We are the leader of the energy transformation in Central Europe. We are implementing a strategy that assumes an increase in capacity from renewable energy sources to over 2.5 GW at the end of this decade,” said Daniel Obajtek, President of the Management Board of PKN ORLEN.

The main contributors to the PKR ORLEN performance were power generation and petrochemicals.