OFFSHORE BUSINESS NEWS
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OFFSHORE BUSINESS NEWS
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 [...]
2. Offshore Connect in Rostock: Catch the wind this week!
The 2nd Offshore Connect Conference, set to begin on October 17th in Rostock, will bring together key players from politics, business, and science to accelerate the expansion of offshore wind energy in the Baltic Sea. With a focus on dismantling hurdles, [...]
Port of Riga: International competition for wind energy component investment
The Freeport of Riga Authority announces an open international competition to select investors & manufacturers of wind turbine components for leasing new port infrastructure and land to support production and logistics of wind technology and its components in Kundziņsala - The [...]
Taaleri SolarWind III Fund invests in a 112 MW wind farm in Latvia
Taaleri Energia’s SolarWind III Fund has invested in Smiltene, a wind farm located in Latvia, approximately 120 kilometres northeast of Riga. The Fund and AEI, a fund managed by Lords LB Asset Management, are joint owners of the project. Construction work [...]
Njord Survey secures agreement with 50Hertz for Baltic Sea offshore wind support
Njord Survey, a Swedish offshore survey specialist, has been awarded a long-term framework agreement by the German transmission system operator (TSO) 50Hertz to support offshore wind development in the Baltic Sea. This agreement solidifies Njord Survey's role as a key partner [...]
EUSBSR Annual Forum 2025: The Baltic Sea region awaits a vision for stability
The countdown has begun for one of the most significant pan-Baltic cooperation events of the year: the EU Strategy for the Baltic Sea Region (EUSBSR) Annual Forum 2025. The event is set to take place on 29–30 October in Sopot, Poland, [...]
Steelwind Nordenham completes monopile deliveries for Poland’s Baltic Power project
Steelwind Nordenham GmbH has announced a major milestone for the Baltic Power Offshore Wind Farm, confirming the successful delivery of all foundation structures for the project. The final three monopiles were loaded out last week, marking the completion of a year-long [...]
Ignitis Renewables takes over full control of the Curonian Nord offshore wind farm
AB “Ignitis grupė” (hereinafter – the Group) informs that following the National Energy Regulatory Council’s (hereinafter – NERC) approval on 10 October, UAB “Ignitis renewables” (hereinafter – Ignitis Renewables) has signed a sale and purchase agreement with OW Offshore, S.L. (hereinafter [...]
Poland focuses on renewable energy sources – offshore wind energy bill passed
The Polish Sejm (lower house of parliament) passed a bill prepared by the Ministry of Climate and Environment supporting the development of offshore wind energy by a large majority. The new regulations remove investment barriers and contribute to increasing energy security [...]
Ørsted to cut 2,000 jobs by 2027
Ørsted is taking another step in the execution of its updated business plan and strategic priorities by reducing its organisation by approx. 2,000 positions towards the end of 2027. The reasons for this are that the company will be focusing more [...]
Lithuania’s second offshore wind tender fails
The National Energy Regulatory Council (NERC) of Lithuania has announced that the second tender for the development of an offshore wind park has failed. The failure comes as only one participant registered by the application deadline, falling short of the legal [...]