Spanish electricity company Iberdrola began construction of its second major offshore project in the Baltic Sea, the 476-megawatt (MW) Baltic Eagle offshore wind farm, the company announced on Monday.

Once operational by the end of 2024, Baltic Eagle will be capable of supplying renewable energy to 475,000 homes and preventing the emissions of more than 800,000 tonnes of carbon per year.

The wind project is part of what will be the largest offshore wind complex in the Baltic Sea, with a total installed capacity of more than 1,100 MW and a combined investment of €3.5 billion, Iberdrola said.

The Spanish company Windar has already manufactured the first of the 50 transition pieces for the facility to join the wind turbine towers to the foundations.

As a company committed to expanding its renewable energy portfolio, Iberdrola has more than 30,000 MW of operational capacity in the pipeline and early-stage developments.

Iberdrola expects to have 12,000 MW of offshore wind energy in operation by 2030 and to achieve cumulative investments of over €30 billion worldwide.

The company has projects in the US, the UK, Poland, Sweden, Ireland, Taiwan, Japan, the Philippines and Brazil.

By Zeynep Beyza Kilic

Anadolu Agency

energy@aa.com.tr