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IRENA report: Record employment growth in renewable energy in 2023
Wind power is playing an increasingly important role in the global energy transition, becoming one of the key sectors supporting the development of renewable energy sources (RES). In 2023, the sector installed a record 115 GW of new capacity, a significant [...]
New tender date for construction of offshore wind farm in Lithuania confirmed
The Lithuanian government has announced that the tender for the construction of a second 700 MW offshore wind farm will be launched on 18 November 2024. This is another step towards increasing local energy production from renewable sources, which has increased [...]
Baltic Power wind farm completes first onshore connection
In the Lubiatowo area, the first of four directional drills under the coastline, beach, and seabed has been successfully completed, with no direct impact on areas of high ecological value. This phase of the project paves the way for connecting the [...]
Fraunhofer case study: Offshore production of hydrogen on Energy Islands can save more than 4 billion Euro per year for the future German energy system
A new study from the Fraunhofer Institute for Energy Economics and Energy System Technology IEE has analysed the economic effects on the European energy system of introducing offshore hydrogen production. The study considers the expansion of the German 70 GW buildout [...]
Offshore Wind – The Energy of the Future in Poland, Norway, and Latvia: Key Seminar and Panel Discussion
On October 16, 2024, during the OTD Bergen 2024 Trade Fair in Bergen, Norway, a multilateral event will bring together key stakeholders from Poland, Norway, and Latvia to discuss the future of offshore wind energy. The event is organized by the [...]
PGE approaches financial closing for Baltica 2 project
PGE plans to finalise financing for the Baltica 2 offshore wind project next month, as stated by PGE CEO Dariusz Marzec. The Baltica 2 project, with a capacity of about 1.5 GW, is one of key stages in the development of [...]
Cadeler signs firm contracts with Equinor and Polenergia joint ventures for the installation vessel scope
Cadeler A/S has signed firm contracts with the offshore wind farms Bałtyk 2 and Bałtyk 3, both being joint venture projects owned 50% by Equinor and 50% by Polenergia. The total potential value of these contracts to Cadeler is expected to [...]
The next level of the energy transition: WindEnergy Hamburg points the way
The signal is unmistakable: The wind energy industry stands ready to tackle the challenges of the energy transition. For four days, the Who's Who of the international wind industry gathered in Hamburg to exchange insights at WindEnergy Hamburg, the global flagship [...]
Tender for development of offshore wind park proposed to be announced on November 18
The Ministry of Energy of Lithuania proposes to announce the tender for the development of the second 700 MW offshore wind park in Lithuania on November 18 of this year. The decision on the tender date must be taken by the [...]
Offshore wind farms: concept for onshore connections approved
With Lithuania planning to develop two offshore wind farms in the Baltic Sea with a combined capacity of 1.4 GW, the Ministry of Energy has approved the Concept Plan for the Development of Offshore and Onshore Engineering Infrastructure for a Project [...]
Estonia Unveils 20-Year Offshore Wind Energy Support Plan to Lower Electricity Prices and Boost Renewable Power
On September 6, Estonian Ministry of Climate submitted a draft amendment to the Electricity Market Act and the Energy Sector Act for review, aimed at establishing conditions for offshore wind energy development and setting up a support scheme for this sector. [...]
Ensuring Finland’s Electricity Supply for Winter 2024–2025: Fingrid’s Outlook
As winter approaches, Fingrid, Finland’s electricity transmission system operator, has released an assessment of the nation's electricity supply for the 2024–2025 winter season. According to Fingrid, Finland’s electricity supply should remain stable, provided there are no major disruptions in domestic production [...]
Wind Energy Powers Record-Breaking Growth in 2023
The wind energy sector achieved extraordinary milestones in 2023, playing a pivotal role in the global surge of renewable energy capacity. According to the latest report from the International Renewable Energy Agency (IRENA), wind power—both onshore and offshore—has cemented its position [...]
Sweden’s 2025 Budget Proposal and Its Impact on Wind Energy
In the recently released 2025 budget proposal, the Swedish government emphasizes the critical role wind energy will play in achieving electrification and climate transition goals. The Swedish Wind Energy Association (Svensk Vindenergi) has welcomed the government's recognition of the importance of [...]
The world of wind energy meets in Hamburg at the WindEnergy trade fair
The WAB is present at the world's leading trade fair with a large joint stand. Bremerhaven / Hamburg, 23 September 2024 - The WindEnergy trade fair will take place in the Hamburg exhibition halls from 24 to 27 September 2024. The [...]
Supplier Day brings together Polish and global companies of offshore wind. The event was organised by Polenergia and Equinor
Dozens of Polish companies interested in participating in the realisation of offshore wind farms Bałtyk 2 and Bałtyk 3 took part in the Supplier Day held in Gdansk. The event was organised by Polenergia and Equinor, which jointly implement the Bałtyk [...]
RWE secures long-term lease of land in Ustka for offshore wind operation and maintenance base
Ustka, 23 September 2024: RWE and the Ustka Port Authority have signed a land lease agreement for the construction of an operations and maintenance base for the F.E.W. Baltic II offshore wind farm. The base is one of the key elements in [...]
European Commission opens call for applications for energy infrastructure Projects of Common and Mutual Interest
The Commission has opened a call for applications for energy infrastructure projects under the Trans-European Network for Energy (TEN-E) Regulation to obtain Project of Common Interest (PCI) or Project of Mutual Interest (PMI) status. The call for the electricity, hydrogen & electrolyser categories [...]
IEA: Climate finance by multilateral development banks hits record in 2023
Multilateral development banks (MDBs) announced that their global climate finance reached a record high of $125 billion in 2023. The combined total last year from institutions, including the European Investment Bank, is more than double the amount provided in 2019, when [...]
WindEnergy Hamburg 2024: The World’s leading wind energy business platform
Next week, the world's largest and most important business platform for the wind energy industry, WindEnergy Hamburg 2024, will kick off! This prestigious international event, taking place from September 24-27, brings together industry professionals, stakeholders, and innovators from across the globe [...]
EC approves Polish investment programme worth €1.2 billion to support wind and other sectors
The European Commission has approved a Polish aid programme worth approximately €1.2 billion (PLN 5 billion) to support investment in strategic sectors to assist in the transition to a net-zero-emission economy. The scheme was approved under the Temporary Crisis and Transition [...]
Green Transformation of the Polish Economy with KUKE Support
The new KUKE guarantees will make it easier for Polish companies to finance energy transition expenditures and investment projects aimed at achieving net-zero climate goals, and they will also help banks to reduce their risk and increase their lending capacity in [...]
Wood Mackenzie: global wind turbine orders hit 91.2 GW, a 23% increase from year-ago levels
Global wind turbine order intake reached new highs in H1, with 91.2 gigawatts (GW) of activity, a 23 percent increase year-over-year, according to a new analysis from Wood Mackenzie. Globally, investment by developers in H1 totaled US$ 42 billion, a 3% [...]
Polenergia and Equinor with another key contract for Bałtyk 2 and Bałtyk 3
Polenergia and Equinor have signed another key contract for the Bałtyk 2 and Bałtyk 3 offshore wind farm projects. The contract is for horizontal drilling in the landfall area. The contractor for the work for both projects is the Dutch company [...]
Germany’s latest onshore wind auction sets record
Germany’s latest onshore wind auction has awarded 2.7 GW of new capacity, marking a significant step toward the country’s 2030 renewable energy targets. The Federal Network Agency (Bundesnetzagentur) set the average strike price at EUR 73.30/MWh, in line with previous tenders. [...]
