OFFSHORE BUSINESS NEWS
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OFFSHORE BUSINESS NEWS
This week in Baltic Offshore Wind in 5 minutes – Episode 100
Episode 100 of our weekly podcast, summarising the most important news of the week, is ready to listen. You can listen to the new episode of "This week in Baltic Offshore Wind in 5 minutes" on Soundcloud, Spotify, Apple Podcasts, [...]
Global Renewable Revolution: IEA Charts Record Growth, Highlights Financing Challenge for Sustainable Future
World added 50% more renewable capacity in 2023 than in 2022 and next 5 years will see fastest growth yet, but lack of financing for emerging and developing economies is key issue. The world’s capacity to generate renewable electricity is expanding [...]
Vestas announces second offshore wind factory in Poland
Vestas wants to become a leader in offshore wind, supporting Europe's build-out of offshore wind parks, and we are excited to announce our plans to establish a new blade factory in Szczecin, Poland. The factory is planned to produce blades for [...]
OX2 prepares to connect the Galene offshore wind farm
Last year, OX2 and Ingka Investments were given the go-ahead by the government to build the Galene offshore wind farm in the Kattegat near Varberg. Work is now beginning on preparing a connection to the electricity grid. The project company has [...]
Wood Thilsted to support Lithuanian offshore wind development
Specialist offshore wind consultancy Wood Thilsted is pleased to announce the commencement of ground modelling and foundation concept design work at the first offshore wind farm site in Lithuania, on behalf of Ignitis Renewables. The work will take place over 2024 [...]
Report: Competitive industry and stable supply chain – 10 steps for a strong wind sector in Poland
The wind industry will bring reliable and stable profits to the Polish economy in the coming decades, while increasing the involvement of domestic companies and industry. The data shows that by 2040, the onshore and offshore wind sectors can guarantee nearly [...]
Germany Approves 1.2 GW Offshore Grid-Connection Projects
Germany has granted approval for two significant offshore grid connection projects, marking a milestone in the country's renewable energy goals. The approvals, granted by the Federal Maritime and Hydrographic Agency (BSH), pertain to the 300 MW Ostwind 3 project by 50Hertz [...]
The Ministry of Climate Approves Report on the Environmental Impact Assessment of North-Western Estonian Offshore Wind Farm
The Ministry of Climate has approved the report on the environmental impact assessment of the North-Western Estonian offshore wind farm being developed by Enefit Green, on the basis of which the development of the wind farm can move forward. Estonia has [...]
Global losses from biodiversity decline could reach $10 trillion by 2050
The decline in biodiversity, one of the consequences of a resource-intensive economy, is now considered one of the greatest threats to humanity. The loss of submerged forests alone could cost the global economy as much as $500 billion annually, according to [...]
Commission urges Member States to enhance National Energy and Climate Plans for EU’s 2030 targets.
The Commission published in December its assessment of EU Member States' draft National Energy and Climate Plans (NECPs) and issued recommendations to assist Member States in raising their ambitions in line with EU targets for 2030. The final Plans must be [...]



