OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
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 ā¬6.5bn of investment inĀ port infrastructure by 2030 to meet these ambitions. In response to these announcements, ports are finding they will need to growing their business [...]
4th Future Energy Congress: Join the Leaders of Change
On 6-7 May 2025, the Future Energy Congress, organised by the āWith Energy About Lawā ["Z energiÄ o prawie"] Association, will be held for the fourth time in ToruÅ. This is an event that attracts key experts, leaders and innovators of [...]
Ćrsted hits with ā¬1.7bn impairment as US offshore challenges grow
Ćrsted presents an operating profit (EBITDA) for 2024 based on preliminary and unaudited reporting. EBITDA excluding new partnership agreements and cancellation fees is expected to total DKK 24.8 billion in 2024, in line with the latest guidance. The operational earnings from [...]
Estonia advances plans for offshore wind farm development in Saare 7 area
The Consumer Protection and Technical Regulatory Authority (CPTRA) has announced plans to initiate the superficies license procedure for an offshore wind farm in the Saare 7 area. Located approximately 11 kilometers west of Saaremaa, this site has been identified as suitable [...]
New Report: The net-zero manufacturing industry landscape across EU Member States
The European Commission has unveiled an independent study offering a detailed snapshot of the net-zero manufacturing landscape across the EU, focusing on renewable energy technologies, including wind. As the EU strives to maintain its leadership in wind energy production, the study [...]
Baltic Power: Kamil KobyliÅski Joins the Company’s Board of Directors
Baltic Power has announced in a press release the appointment of Kamil KobyliÅski to the company's Board of Directors as a Board Member. He replaces JarosÅaw Broda in this role. Kamil KobyliÅski is an experienced manager and energy industry expert with [...]
NATO launches ‘Baltic Sentry’ to increase critical infrastructure security
NATO Secretary General, Mark Rutte co-hosted a Summit of Baltic Sea Allies on Tuesday (14 January 2025), along with President Alexander Stubb of Finland and Prime Minister Kristen Michal of Estonia. At the meeting in Helsinki, Mr Rutte announced the launch [...]
Balancing Energy Development and Environmental Protection in the Baltic Sea: Lessons from OCEaNās Report
The Baltic Sea has become a critical focal point for addressing two interconnected global challenges: achieving energy independence and combating climate change while protecting fragile marine ecosystems. As countries bordering the Baltic Sea ramp up efforts to transition to renewable energy [...]
Polish Green Fund for investments in the energy transition is being established
The Industrial Development Agency S.A. (ARP), together with ARP TFI S.A., are taking steps to mobilise institutional capital, Polish and foreign, for the energy transition in Poland, through the creation of the Polish Green Fund. The mission of the Polish Green [...]
Lithuania strengthens protection of energy infrastructure
The Lithuanian government has taken swift action to enhance the protection of its energy infrastructure in preparation for the country's synchronization with the continental European electricity grid. This strategic move is critical not only for energy security but also for national [...]
New European coordinator appointed to oversee completion of Baltic synchronisation energy project
Ā Responding to urgent needs of the region, the European Commission has appointed expert Catharina Sikow-Magny as European Coordinator for the Baltic Synchronisation projects of common interest ā the project to fully integrate Estonia, Latvia and Lithuania into the continental EU [...]