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US$ 27 billion investment required to mobilise global offshore wind supply chain
Investment required by 2026 if sector is to meet forecasted 5-fold growth in annual installations by 2030, with greater sum of US$100 billion needed to hit global government targets by the end of the decade. The global offshore wind supply chain [...]
Interest in building the Swedish wind power has never been greater – but it has never been more difficult to get a permit
Sweden is facing a gigantic challenge if we are to cope with the industry's climate transition and competitiveness, pressure the price of electricity and contribute to making Europe independent of Russian energy. Therefore, the government should not introduce new obstacles for [...]
Estonian cabinet approves green reform action plan for 2023-2025
In a cabinet meeting on Thursday, 17th of August, the Estonian government gave its backing to the green reform action plan for 2023-2025 drafted by the Government Office. The plan brings together almost 300 different actions in fields ranging from energy [...]
Pomeranian Governor has issued the first three construction permits for Baltic Power
Construction of wind farms in the Baltic is about to begin. Pomeranian Governor Dariusz Drelich today issued the first three construction permit decisions for Baltic Power. The permits are for three tasks related to the construction of offshore wind farms with [...]
WindEurope: Offshore wind investments recovering but still “way to go” – including on supply chain
Europe built 2.1 GW of new offshore wind in the first half of 2023. Final investment decisions were taken for a further 5 GW after delays last year. But this is still whims what the EU wants. Crucially, the offshore wind [...]
Vestas signs a conditional agreement for an up to 1.2 GW offshore project in Poland
On 10th of August, Vestas informed that it has entered into a conditional agreement to deliver wind turbines for the offshore wind power project Baltic Power in Poland with a capacity of up to 1.2 GW. If and when the agreement [...]
NKT awarded the contract for export power cables for the Baltic Power
NKT has signed the order for the power cable system for the Polish offshore wind project Baltic Power. The project is important for the transition to renewable energy in Poland and the national ambitions of up to 11 GW offshore wind [...]
OX2’s offshore wind farm Triton receives Natura 2000 permit
OX2’s offshore wind farm Triton off the southern coast of Sweden has received a Natura 2000 permit. In June the County Administrative Board finalized their handling by suggesting the government to grant Triton a permit according to the Act on Sweden's [...]
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 [...]
Iberdrola awards Windar Renovables the transition pieces for the Windanker offshore wind farm
Windar Renovables has signed an agreement with Iberdrola to manufacture 21 transition pieces for the Windanker offshore wind farm in German waters. This is the sixth project of this type of foundation to date. The production will be carried out at [...]
Baltic Power offshore wind farm with conditional investment decision
ORLEN's Supervisory Board has made a conditional investment decision for the Baltic Power offshore wind farm, enabling the finalization of the design phase. The construction phase is scheduled to begin later this year, once the process of raising financing and completing [...]
Ocean Winds invites SMEs to present Unmanned Autonomous Vehicle projects
In the ever-evolving world of offshore renewable energy, innovation is the driving force behind progress. Ocean Winds, a prominent industry leader and a partner of the ELBE alliance in leading European regions, recognizes the significance of research and development (R&D) in [...]
PGE with Ministry of Infrastructure’s decisions on granting permits under Phase II offshore
Polska Grupa Energetyczna announced that the Ministry of Infrastructure has issued decisions on granting permits for the erection of artificial islands, structures and equipment in Polish maritime areas for projects involving the construction of offshore wind farms. The decision concerns, among [...]
Vestas Posts Resilient Q2 2023 Results Amid Industry Challenges
Vestas Wind Systems A/S has released its Interim Financial Report for the second quarter of 2023, demonstrating a steadfast performance in a challenging industry landscape. The report showcases encouraging figures, reflecting the company's determination to navigate difficulties and maintain its growth [...]
Media Partnership: Reuters Events: Expanding Ports to Achieve Large-Scale Offshore Wind Deployment
European governments have pledged to deliver 160GW of offshore wind within the next decade, requiring €6.5bn of investment in port infrastructure by 2030 to meet these ambitions. In response to these announcements, ports are finding they will need to growing their business [...]
Seabed studies on alternatives to onshore wind farm connections
The Institute of Coastal Research and Planning (VšĮ Pajūrio tyrimų ir planavimo institutas) has carried out a study on seabed alternatives to onshore interconnections for offshore wind farms. The aim of the studies was to collect data on seabed bathymetry, to [...]
Lithuanian regulator approves maximum transaction price for autumn auction
The Lithuanian National Regulatory Authority (VERT) has decided to approve a maximum transaction price for the purchase and sale of electricity from renewable energy sources of EUR 107.18/MWh and a minimum transaction price threshold of EUR 64.31/MWh. These prices will be [...]
PGE gains approval from the Board of Directors of the European Investment Bank to support financing of Baltica Offshore Wind Farm
The European Investment Bank (EIB) has issued a preliminary credit decision for the PGE Group's Baltica offshore wind project. The total financing package amounts to €1.4 billion. It is a significant step in securing the optimal financing structure to build PGE's [...]
Siemens Energy Confronts Quality Issues and increased product costs
Siemens Energy, a prominent player in the energy sector, is grappling with substantial challenges within its wind turbine operations, as outlined in a recent press release. The company’s wind power subsidiary, Siemens Gamesa, has quantified the financial impact of both quality [...]
WindEurope: Lithuania kicks off offshore wind with first 700 MW auction
The Lithuanian Government presented the results of its very first offshore wind auction. A consortium of the Ignitis Group and OceanWinds is the winner. They were willing to pay €20m to develop the project. It will most likely be operational by [...]
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 [...]
Advancing Renewable Energy and Sustainability among Estonia’s EU Policy Priorities 2023-2025
The government of Estonia has approved its European Union policy priorities for 2023-2025, with a strong emphasis on renewable energy and sustainable development. In the face of geopolitical challenges, Estonia aims to bolster its visibility and influence within the EU through [...]
Ørsted and DHI develop bat and bird monitoring guidance for offshore wind industry
Ørsted and DHI have developed a bat and bird monitoring guidance document to support protection of vulnerable bat and bird species in the acceleration of the offshore wind industry. An accelerated deployment of offshore wind is necessary to halt the worst [...]
Baltic TSOs signed an agreement for synchronisation to take place in February 2025
Elering, AST and Litgrid, operators of the electricity transmission systems of Estonia, Latvia and Lithuania, signed an agreement on the synchronisation. According to the agreement, disconnection from the Russian-controlled system and synchronous connection to the continental European grid will take place [...]
Baltic Power’s strategic permit for construction of offshore connection
Baltic Power has obtained a construction permit for an offshore connection. The decision was announced by the Pomeranian governor. Baltic Power's offshore wind farm will consist of 76 turbines with a unit capacity of 15 MW and height of more than [...]
