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Equinor and Polenergia with agreements to design foundations for Bałtyk II and Bałtyk III offshore wind farms
Equinor and Polenergia have signed final agreements for the design of foundations for the Bałtyk II and Bałtyk III projects being developed by the two companies in the Baltic Sea. The development of design documentation for the locations of the two [...]
Ventspils Explores Offshore Wind Opportunities at WindEurope 2024
Representatives from the Freeport of Ventspils Authority made their inaugural appearance at the WindEurope 2024 exhibition and conference in Bilbao, Spain, indicating Latvia's foray into the European wind energy discourse. Led by Igors Udodovs, Deputy CEO of the Freeport of Ventspils, [...]
KfW Capital and Ignitis Group join World Fund to invest €300M in climate founders
World Fund, a Europe-focused climate venture capital fund, announced that it has raised a further €50+ million from institutional LPs. New investors joining the venture include KfW Capital as well as Ignitis Group. Ignitis Group, committed to enhancing its net-zero strategy, [...]
Euroports and Port of Hanko Sign Letter of Intent for Wind Hub at Koverhar Harbour
Euroports Group and Port of Hanko Ltd have signed a Letter of Intent (LOI) to establish a Unique Wind Hub at the Port of Hanko port area in Koverhar. This initiative positions the Harbour, situated in the southernmost part of Finland, [...]
EcoVadis, WindEurope and leading wind industry organisations launch ‘Wind Energy Initiative’
Today, EcoVadis, WindEurope and five leading wind energy industry organisations - ENGIE, Hitachi Energy, Siemens Gamesa, Statkraft and Vestas – announce the launch of the ‘Wind Energy Initiative’. The Initiative aims to accelerate the uptake of sustainable practices by fostering strong [...]
WindEurope: Rebound in wind energy financing in 2023 shows that the right policies attract investors
Investments in wind energy in Europe more than doubled in 2023 compared to 2022, driven by record financing of offshore wind projects. An easing of inflationary pressures, greater certainty in electricity markets, and improved tariff indexation by Governments created a more [...]
“Van Oord” signs a contract for construction of an offshore wind farm support base and an oversized cargo terminal in the Port of Liepaja
In order to promote the development of the offshore wind energy industry in the Baltic Sea, one of the leading companies in the industry - Van Oord Dredging and Marine Contractors B.V. (Van Oord) plans to create a world-class offshore wind [...]
Swedish Wind Energy Association explores risk distribution contracts for new electricity production
Sweden is on the cusp of a significant surge in demand for fossil-free electricity, yet uncertainties in the investment landscape loom large. Currently, Sweden lacks mechanisms to distribute risks for large-scale electricity production investments. To address this gap, Svensk Vindenergi commissioned [...]
German National Ports Strategy to be underpinned by funding as quickly as possible
The German government presented its new ports strategy on 20 March. The strategy contains a collection of measures, but no plans for financing. Therefore, the onshore and offshore wind energy associations, the OFFSHORE-WINDENERGIE foundation and the Hamburg Renewable Energy Cluster are [...]
Port of Roenne secures deal with Siemens Gamesa for Baltic Sea wind projects
Chief Commercial Officer of the Port of Roenne, Mr. Jeppe la Cour shared some exhilarating news in a recent social media post, that has sent ripples of excitement throughout the renewable energy sector. The Port of Roenne has inked a groundbreaking [...]
Masdar reaches close on financing for 476MW Baltic Eagle Offshore Wind Project
Masdar, the UAE’s clean energy powerhouse, has achieved close on the financing of its 49 percent shareholding in the 476MW Baltic Eagle wind farm, located in the Baltic Sea off the coast of Germany. This is Masdar’s largest ever euro-denominated financing, [...]
Jobs, nature protection, energy security, local communities – WindEurope Annual Event in Bilbao showcases the ‘value of wind’
From 20-22 March more than 12,000 people gather in Bilbao for the WindEurope Annual Event 2024. This comes at a time of growing optimism for Europe’s wind industry. Investments in new wind farms are up. Auction volumes are at record levels. [...]
New draft transmission network development plan for 2025-2034
A 4850 km track of new 400 kV lines, 28 new and 110 modernized substations and an onshore DC line are part of the investment plans of Polish grid operator - Polskie Sieci Elektroenergetyczne PSE - until 2034. On Friday, March [...]
Markus Nölke becomes new managing director for WAB in Bremerhaven
On March 1, 2024, Markus Nölke (54) took over the management of WAB e.V. in Bremerhaven. Born in Bremerhaven, he originally comes from the transport and logistics sector, where he focused on shipping and port issues. Before joining WAB, Nölke had [...]
Klaipeda Port announced a tender for the construction of an offshore wind marshalling harbour
To accommodate the development of the two Lithuanian wind farms, as well as other projects in the Baltic Sea, Klaipeda Port announced an international tender for the reconstruction works of quays and dredging of the first stage. „With favorable conditions for [...]
Green energy for business. Coming in April the largest cPPA market event in Poland – RE-Source Poland Hub conference
The cPPAs for the purchase of green energy, concluded between consumers and RES power generators, are gaining in popularity every year and the number of signed contracts is steadily growing. Increasingly, they also include offshore wind power capacity. Figures for 2023 [...]
The European Commission adopts new network code on cybersecurity for EU electricity sector
The European Commission has today adopted the first-ever EU network code on cybersecurity for the electricity sector. Foreseen under the Electricity Regulation (EU) 2019/943 (Article 59) and in the 2022 EU Action Plan to digitalise the energy system, this delegated act [...]
Europe’s Climate Crisis: A Ticking Time Bomb
Europe is facing an unprecedented climate crisis, according to a new report by the European Environment Agency (EEA). The first ever European Climate Risk Assessment (EUCRA) report paints a stark picture: extreme heat, drought, wildfires, and flooding, phenomena we've increasingly encountered in [...]
IEA: Clean sources of generation are set to cover all of the world’s additional electricity demand over the next three years
Renewables are growing rapidly and nuclear power is on track to reach new all-time high next year, enabling low-emissions generation to outpace robust electricity demand growth. Global electricity demand is expected to grow at a faster rate over the next three [...]
PFR invests PLN 500 million in installation terminal in Gdansk key to development of offshore wind farms
The Polish Development Fund (PFR) will build an installation terminal for the operation of Offshore Wind Farms (OWF) at the BalticHub port in Gdansk. Part of the financing for the investment will come from the National Reconstruction Plan (NRP). The project [...]
RockWave awarded contract for subsurface data reprocessing for Bałtyk 1 Offshore Wind Farm project in Poland
RockWave, a leading provider of seismic processing and imaging services for multiple energy sectors, proudly announces that it has been awarded a significant contract from Equinor and Polenergia at their offshore wind development area, the 'Bałtyk 1 Wind Farm'. This award [...]
Polish companies conduct geological research for PGE offshore wind project
PGE Baltica, a PGE Group company, has signed an agreement with a consortium of companies: Geofizyka Toruń S.A., Przedsiębiorstwo Geologiczne GEOPROJEKT Szczecin sp. z o.o. and "PROJMORS" Biuro Projektów Budownictwa Morskiego sp. z o.o. to perform geological surveys, including geotechnical and [...]
DNV and Vaisala introduce guidelines on dual scanning lidar measurements for wind resource assessments
In a forward-thinking collaboration, DNV and Vaisala released extensive guidelines for using scanning lidars in a dual system configuration (DSL) for offshore Wind Resource Assessment (WRA). Dual scanning lidar is increasingly replacing meteorological masts for offshore wind park developments near the [...]
Over 10,000 participants at the EDU OFFSHORE WIND 2024 career fair
The second edition of the EDU OFFSHORE WIND career fair, primarily aimed at high school students and university students, has concluded in Gdańsk. The event was accompanied by the slogan “We share our passion for green energy with the youth!”. The [...]
Ignitis Renewables advances toward the first Baltic offshore wind farm in Lithuania with precision measurements and strategic insights
Ignitis Renewables, an international green energy company, continues the development of the first offshore wind farm in the Baltic States and is taking wind and meteorological measurements in the Baltic Sea that are necessary for the project. For this purpose, a [...]
