OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Media Partnership: Reuters Events: Expanding Ports to Achieve Large-Scale Offshore Wind Deployment
European governments have pledged to deliver 160GW of offshore wind within the next decade, requiring €6.5bn of investment in port infrastructure by 2030 to meet these ambitions. In response to these announcements, ports are finding they will need to growing their business [...]
Energy Island Bornholm: key project for Europe’s green transition
WirtschaftsWoche recently featured Søren Møller Christensen, CEO, who provided insights into Energy Island Bornholm – a significant project with implications for Europe's future energy landscape. The Energy Island Bornholm initiative is positioned as a critical development in Europe's efforts towards a [...]
Significant financial support from Ignitis Renewables for communities near wind farms
Ignitis Renewables, an international green energy company, continues to provide significant financial support to communities located near wind and solar farms that are under development or already in operation. This year, it plans to allocate over EUR 420 thousand to communities. [...]
ORLEN installs Europe’s largest offshore wind turbines. The first Polish offshore wind turbine already in place
The ORLEN Group, together with Northland Power, has successfully begun installing Europe's largest 15 MW wind turbines. The first wind turbine has been erected in the Polish part of the Baltic Sea. This marks the beginning of a new chapter in [...]
First Supplier Day for Bałtyk 1 – the largest offshore wind farm being developed in the second phase of Polish offshore development
Equinor and Polenergia are once again organising a Supplier Day, but for the first time it will be entirely dedicated to the Bałtyk 1 project – the largest and most advanced offshore wind farm being developed in the second phase of [...]
Decarbonizing the Baltic Sea Region: Key Insights from the BEMIP Stakeholder Meeting
The European Commission's Directorate-General for Energy recently hosted a crucial BEMIP (Baltic Energy Market Interconnection Plan) Stakeholder Meeting, focusing on the final results of a comprehensive study titled "The potential for renewable and low-carbon gas deployment and impact on enabling infrastructure [...]
Service contracts on Baltic Hub projects in Germany
Iberdrola has awarded Semco Maritime GmbH two 3-year offshore service contracts, with options for extension, on the above-water scheduled and unscheduled maintenance of electro-mechanical equipment at two offshore substations in the Baltic Hub. The Baltic Hub currently consists of two offshore [...]
Ørsted CEO Rasmus Errboe on Denmark’s EU Presidency: Time to Lead the Way in Green Transition
As Denmark takes over the rotating presidency of the Council of the European Union for the second half of 2025, Rasmus Errboe, CEO & Group President of Ørsted, has voiced strong expectations for the country's leadership, particularly in advancing Europe's green [...]
ORLEN raised PLN 2.5 billion for green investments
ORLEN has successfully issued green Eurobonds worth EUR 600 million. The company's offer attracted considerable interest, with demand exceeding the issue size by 2.5 times. The company will use the funds raised to finance its energy transition and climate change mitigation [...]
Germany launches onshore wind tender for 3.44 GW
Germany has launched its third onshore wind power auction of 2025, aiming to secure 3.44 GW of new capacity. The Federal Network Agency (BNetzA) announced that developers have until August 1, 2025, to submit their bids. To be eligible, projects must [...]
BWO-EXPERTISE: Germany’s 2025 Offshore Wind Auctions Under the Microscope
The German offshore wind market is buzzing following the recent conclusion of the auction for the N-9.4 offshore wind site. TotalEnergies secured the 1 GW grid connection for approximately €180 million, a noteworthy outcome given that there were only two zero-cent [...]