Lithuania's Ignitis Group and its subsidiary Ignitis Renewables have asked the country's Ministry of Energy and Ministry of Finance to consider postponing the 700MW Curonian Nord offshore wind farm.
The companies announced on October 21 that they were seeking timetable adjustments that would allow development to resume when market, financing or technological conditions change.
Preparatory work towards a construction permit in 2027 is continuing. The companies have not announced a new commercial operation date, and the project had previously targeted operations around 2030.
Ignitis Group cited delays to major electrolysis projects across Europe. These have reduced opportunities to secure long-term power purchase agreements. The group also cited supply-chain problems affecting offshore wind turbine components.
The companies want development and permitting deadlines aligned with the time actually needed to build an offshore wind farm. They also want financial commitments linked to the start of construction and faster procedures for the associated onshore infrastructure.
The Ministry of Energy told Lithuanian news agency BNS that it supported extending the deadlines and was ready to initiate legislative amendments. Renatas Pocius, chair of the National Energy Regulatory Council (VERT), told the agency that the current commercial operation deadline is February 12, 2030. He said the regulator is obliged to apply daily penalties for missed deadlines.
In November 2025, the National Audit Office reported that the project's planned cost had risen 27 per cent over two years. It also found that projected returns had fallen by about 40 per cent.
Ignitis Group said a decision on the project's further implementation is due by the end of 2026.
The wind farm would occupy around 120 square kilometres of the Baltic Sea, at least 37 kilometres off the Lithuanian coast.