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Construction of offshore wind farms in H1 2023 – how is the Baltic Sea performing?
WindEurope has summarised the development of offshore wind energy in Europe in the first half of 2023. How does the Baltic Sea look in comparison to Europe? Below we present details of the projects under construction during this period. Europe built [...]
The Metsähallitus’ offshore wind power project seabed soundings moving forward
The preliminary surveys of Metsähallitus’ new offshore wind farm projects will proceed as planned for the autumn tendering process. During the summer, factors such as the constructability of the seabed in the Bay of Bothnia have been investigated. Last spring, Metsähallitus [...]
Jakobstad is investigating how the planned offshore wind power could affect the harbour, industry and residents
The Ministry of the Environment is distributing a total of EUR 1.3 million to municipalities for studies on green transition projects, i.e. solar, wind, hydrogen or biogas projects. Jakobstad receives the largest grant of almost €190,000. - It concerns offshore wind [...]
OX2’s sale of 49 percent of Finnish offshore wind projects to Ingka Investments is completed
On May 12, OX2 announced that an agreement had been signed with Ingka Investments for the sale of 49 percent of three offshore wind projects in Finland, with a potential capacity of about 6,000 MW. The deal was subject to customary [...]
Aegir Insights: The Promising Future of Finnish Offshore Wind Energy
Finland's offshore wind energy sector is poised for significant growth, with the country's government setting ambitious green targets for 2035 and initiating the first 6GW of auctions. This is according to the latest Aegir Insights analysis by Maria Holm Bohsen. Despite [...]
Metsähallitus and the Finnish Geological Survey work together on offshore wind energy project seabed soundings
Helsinki, Finland - Metsähallitus, a state-owned enterprise responsible for managing state-owned land and water areas, has partnered with the Geological Survey of Finland (GTK) to conduct seabed soundings as part of its new offshore wind farm projects. This collaboration will provide [...]
Metsähallitus to extend the reservation agreement for the Suurhiekka offshore wind farm in Finland
Metsähallitus has agreed with Skyborn Renewables to extend the Suurhiekka sea area reservation agreement for five years. The planned Suurhiekka offshore wind farm will be located in the municipalities of Oulu, Simo and Ii by the Bothnian Bay in Finland. The [...]
Defence ministers from Joint Expeditionary Force (JEF) strengthen cooperation to protect critical offshore infrastructure
On 13 June the meeting of the ministers of defence from the Joint Expeditionary Force (JEF) partner nations took place in Amsterdam. The topics on the meeting agenda included cooperation to support Ukraine and to promote the security situation in the [...]
Planned wind power could cover well over Finland’s current energy consumption
Finland has the potential to significantly increase both onshore and offshore wind power production, as the capacity of planned wind power projects has increased by around 84 % over the last six months. According to a review by the Finnish Wind [...]
CBSS 20th Ministerial Session 2023 Concludes in Wismar, Germany with Strong Focus on Renewable Energy, Resilience and Youth Participation
The 20th Council of the Baltic Sea States (CBSS) Ministerial Session, held in Wismar, Germany, concluded on 2 June 2023, with key outcomes demonstrating solidarity against Russia's ongoing aggression in Ukraine, commitment to climate neutrality and renewable energy, and an emphasis [...]
EIU: Baltic States Amplify Offshore Wind Investments to Boost Energy Sector
According to a recent report by the Economist Intelligence Unit, the Baltic states of Estonia, Latvia, and Lithuania are making significant strides in energy security, with a particular focus on the development of offshore wind farms. This move comes in the [...]
OX2 sells stake in its Finnish offshore wind development portfolio to Ingka Investments
OX2 has agreed with Ingka Investments to sell a 49 percent stake in its three offshore wind projects in Finland. The three projects will have a potential to reach total installed capacity of about 6,000 MW. The transaction is expected to [...]
Hailuoto approved the zoning initiative for an offshore wind farm
The municipality of Hailuoto has approved the zoning initiative for an offshore wind farm in the Eastern area of Seljänsuunmatala, on the west coast of Finland. Metsähallitus has submitted zoning initiatives for a total of five offshore wind projects to local [...]
Raahe approved the zoning initiatives for two offshore wind farms
Raahe has approved the zoning initiatives for two offshore wind farms submitted by Metsähallitus. The offshore wind farms are planned in the areas of Pyhäjoki-Raahe and the western part of Seljänsuunmatala, on the west coast of Finland. Metsähallitus has submitted zoning [...]
Transmission system operators from the Baltic Sea region strengthen cooperation for more energy sovereignty and climate protection
CEOs and other executives from the Transmission System Operators (TSOs) of the Baltic Sea countries met in Berlin to further intensify cooperation. The meeting was attended by AST (Latvia), Elering (Estonia), Energinet (Denmark), Fingrid (Finland), Litgrid (Lithuania), PSE (Poland), Statnett (Norway) [...]
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