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EIB Group to accelerate and simplify green investment, boosting European competitiveness, energy security and tech leadership
EIB Board adopts second phase of pioneering Climate Bank Roadmap, focusing on competitiveness, security and lower energy prices for companies and families. Plan includes doubling of investment for climate change adaptation, along with radically simplified procedures. Decision consolidates EIB Group’s role [...]
Commission facilitates landmark grant agreement of more than €645 million for the Bornholm Energy Island interconnector between Denmark and Germany
Marking a major milestone in strengthening the Energy Union and EU cross-border interconnectedness, the Commissioner for Energy and Housing, Dan Jørgensen, participated today in the signature ceremony for an EU-backed €645.2 million grant agreement on the Bornholm Energy Island (BEI) hybrid offshore project. [...]
Boosting electricity demand and flexibility is key to unlock the energy transition’s benefits
In 2024, higher shares of clean and renewable sources in the electricity mix, combined with stagnating demand, reduced average prices to €82/MWh from €227/MWh in 2022 – according to Eurelectric’s Power Barometer 2025. Despite this drop, regional price spikes and market volatility [...]
RWE: TotalEnergies Selected by the State as Operator of the Country’s Largest Renewable Energy Project
TotalEnergies, in partnership with RWE, has been awarded the “Centre Manche 2” offshore wind tender as operator. The project will represent an overall investment of approximately €4.5 billion, the largest made by TotalEnergies in the country in the past 30 years. [...]
RWE and Apollo Global Management form partnership securing funding of German transmission grid investments for the coming years
RWE and Apollo to form a Joint Venture over RWE’s 25.1% stake in the German Transmission System Operator Amprion to finance its future growth Apollo to provide €3.2 billion in equity, which RWE and Apollo will jointly invest in Amprion over time [...]
Report monitoring the energy transition in Germany – 10 key measures
Published on 15 September 2025, the report monitoring the energy transition in Germany is the result of a coalition agreement and was prepared by the BET and EWI research institutes on behalf of the Federal Ministry for Economic Affairs and Energy. [...]
Large-scale order for Siemens Energy to realise Danish-German Bornholm Energy Island project
A power hub on the Baltic Sea island of Bornholm is to connect Denmark and Germany in the future and transmit electricity from wind farms to the two countries. Contract for four converter systems and other technical components. 50Hertz CEO Stefan [...]
“Europe’s independence moment”: domestically produced wind energy boosts security and competitiveness
In her 2025 State of the Union address EU Commission President Ursula von der Leyen highlighted the new geopolitical reality in which economic competition and national security are intertwined. She stressed the need for Europe to massively invest in digital and [...]
BDEW: Extending the operating life of wind farms to 35 years is economically and environmentally beneficial
The German Association of Energy and Water Industries (BDEW) today published a study on the further operation and reuse of offshore wind farms and grid connection systems. The report was commissioned by BDEW and prepared by the Fraunhofer Institute for Wind [...]
Siemens Energy invests €220 million in German transformer factory
Siemens Energy is investing approximately €220 million to expand its transformer factory in Nuremberg, Germany, creating 350 new jobs. The foundation stone for the site expansion was laid today in the presence of Bavaria’s Minister President Dr. Markus Söder and Nuremberg’s [...]
NKT awarded the power cable connection between Bornholm Energy Island and Zealand in Denmark
NKT has signed a contract with Energinet to deliver a HVDC power cable system for the offshore interconnector linking the innovative Bornholm Energy Island to the power grid on Zealand. The project represents a key step for the grid infrastructure in [...]
CEF Energy supports landmark Bornholm Energy Island interconnector between Denmark and Germany
CINEA has signed a grant agreement worth EUR 645.2 million under the CEF Energy programme to support the Danish side of the Bornholm Energy Island (BEI) Hybrid Offshore Interconnector - one of Europe’s most ambitious and strategic energy infrastructure projects. The [...]
European Governments must get their act together on wind energy
WindEurope released the latest wind energy data today. It shows Europe built 6.8 GW of new wind in the first half of 2025. That’s less than expected and not nearly enough to deliver the EU’s 2030 energy security and climate targets. [...]
Skyborn secures all major contractors for Gennaker offshore wind farm
Gennaker offshore wind farm secured Preferred Supply Agreements for monopiles, foundations, transition pieces, foundation transportation and installation and inter-array cable supply and installation. Preferred Supply Agreements (PSAs) have been awarded for supply of monopile foundations to EEW Special Pipe Construction GmbH, [...]
No offshore expansion without skilled workers – IAB Forum confirms enormous need for action
Berlin, August 26, 2025 I The shortage of skilled workers is jeopardizing the expansion of renewable energies in Germany – and thus also offshore wind energy. According to a recent model calculation by the Institute for Employment Research (IAB), around 157,000 [...]
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