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Offshore Wind Farm Project

Sector: Commercial • Location: Lithuania

Source: Baltic News Network

Project
Planned

Lithuania's first offshore wind farm project, planned to be developed by Ignitis Group and Ocean Winds, faces potential funding difficulties that may delay its commercial launch originally set for 2030. The project aims to generate 700 MW of renewable energy.

Status
Prospective
Sector
Commercial, Raw Materials, Wind
Location
Lithuania
Updated
22 Jul 2026
Source
Baltic News Network

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Project Information FAQ

Project Information

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The project “Offshore Wind Farm Project” is an infrastructure initiative in the Commercial sector, located in Lithuania. Taiyo aggregates data on it from Baltic News Network.

Participants

Not available for this record.

Status

Original status

Planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Lithuania's first offshore wind farm project, planned to be developed by Ignitis Group and Ocean Winds, faces potential funding difficulties that may delay its commercial launch originally set for 2030. The project aims to generate 700 MW of renewable energy.

Location

Country

Lithuania

Source

Source

Baltic News Network

URL

More Details

Record type

Project

Sector

Commercial, Raw Materials, Wind

Article published date

2025-03-07

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