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Skyborn enters Preferred Supplier Agreement with Fred. Olsen Windcarrier for Gennaker offshore installation vessel
Gennaker’s offshore wind turbine transportation and installation will be performed by Fred. Olsen Windcarrier (Fred Olsen). Installation of 63 offshore wind turbines during 2028 in the German Baltic Sea. Gennaker will add up to 976.5 MW to Germany’s renewables capacity*. Skyborn [...]
Nordseecluster offshore wind project reaches important milestone: first monopile foundation successfully installed off the German coast
On average each foundation weighs 1,500 tonnes, which is equivalent to the weight of 1,000 small cars Nordseecluster A with 660 megawatts to be commissioned in 2027; Nordseecluster B with additional 900 megawatts to follow in 2029 1.6-gigawatt Nordseecluster will be able to [...]
IRENA Report: onshore and offshore wind — the most cost-competitive power generation globally
The International Renewable Energy Agency (IRENA) has just released its pivotal "Renewable Power Generation Costs in 2024" report, delivering a resounding message: renewables are unequivocally the most cost-competitive option for new electricity generation globally. This comprehensive analysis, compiled from IRENA's extensive [...]
Fortum boosts its renewable power pipeline with acquisition of a development portfolio in Finland from ABO Energy
Fortum has signed an agreement to acquire a project development portfolio for wind power from the German renewables developer and constructor ABO Energy. This acquisition strengthens Fortum’s development pipeline for renewable power as the company prepares for future growth by developing [...]
Cost-efficient expansion needs the government to adjust its course
Tender design must be fundamentally revised this year – for security of supply and cost efficiency of offshore wind energy The offshore wind industry needs investment security – through sustainable targets and the introduction of a framework for sustainable revenue structures [...]
Skyborn confirms Siemens Gamesa turbine supply and service agreement for Gennaker project
Agreements with Siemens Gamesa aim to ensure supply of the Gennaker offshore wind farm with 63 SG 14-236 wind turbines and their long-term maintenance. Gennaker will add up to 976.5 MW to Germany’s renewables capacity*. Hamburg – 18 July 2025: Skyborn [...]
Strong volume of approvals and new installations – maintaining expansion ambitions
• Commissioning of 409 plants with 2.2 gigawatts (GW) • 1,276 plants with 7.8 GW capacity newly approved • 1,238 turbines with 7.5 GW awarded – trend now stabilising • Expansion still below EEG targets • Federal government must maintain expansion [...]
Masdar and Iberdrola Announce €5.2bn UK Offshore Wind Deal and Full Energization of 476MW German Offshore Wind Farm
One of the largest offshore wind transactions of the decade: Masdar and Iberdrola will co-invest €5.2 billion in the 1.4 GW East Anglia THREE project, each holding 50% and joint governance. First JV now online: The partners’ inaugural project – Baltic [...]
PNE Group receives permits for three new wind farms in Germany
The permits allow for the installation of approximately 46 MW of renewable energy Once operational, the facilities can supply electricity to a total of 36,000 three-person households per year Cuxhaven, 8 July 2025 – In the second quarter of 2025, the [...]
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 [...]
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 [...]
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 [...]
EIB Group increases 2025 financing ceiling to record €100 billion to step up investments in security and defence, energy grids and Europe’s tech leadership
The 27 Member States endorse plan to increase new financing to record of up to €100 billion in 2025. Revised ceiling includes 3.5% of total financing for European security and defence. EIB Board also approves landmark project for construction of military [...]
New Energy Union Task Force to reinforce pan-European energy cooperation
In the margins of Transport, Telecommunication and Energy Council, the European Commission and the Polish Presidency of the Council have launched the Energy Union Task Force. Comprising high-level representatives from the European Commission and Member States, the Task Force is aimed [...]
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