OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Ignitis Group’s ambitious Strategic Plan 2025–2028: paving the way towards 100% green and secure energy ecosystem
Investments: EUR 3.0–4.0 billion over the 2025–2028 period. 59% of the investments will be directed towards further development of the Green Capacities portfolio and 36% to the electricity distribution network. 3M 2025 results showed strong performance and strategic execution, marked by [...]
Changing bidding zone configurations will delay wind energy deployment
Europe’s transmission system operators have published a much-anticipated Bidding Zone Review. The assessment, coordinated through ENTSO-E, the European Network of Transmission System Operators for Electricity, suggests possible adjustments to Europe’s electricity market structure. It explores 14 alternative bidding zone configurations across [...]
Equinor and Polenergia have FID for the Bałtyk 2 and Bałtyk 3 offshore wind farms
Equinor, an international energy group headquartered in Norway, and Polenergia, the largest Polish private energy group, have made final investment decisions (FID) regarding the Baltic Sea offshore wind farms Bałtyk 2 and 3, commencing their construction phase. As a result, as [...]
Lithuanian Seimas approved amendments to the terms and conditions of the tender for an offshore wind farm
The Lithuanian Seimas approved the further development of offshore wind energy. With the updated tender conditions, the offshore wind farm will provide greater benefits to consumers, will not have a negative impact on onshore wind farms, and will be more attractive [...]
Renewables Finland has gathered the industry’s best biodiversity practices and is aiming for nature-positive wind and solar energy
Climate change is a major driver of biodiversity loss in northern ecosystems, and wind and solar power are essential tools in fighting it. Renewables Finland, representing large-scale wind and solar power, is committed to advancing the green transition while strengthening biodiversity. [...]
Production of Baltica 2 foundation elements will be carried out in Poland
PGE and Ørsted have signed an agreement for the production and delivery of another part of secondary steel structures for the foundations (so-called secondary steel) of the Baltica 2 offshore wind farm. The production of these elements will be carried out [...]
Thimm: Offshore Wind Expansion – Now Is the Time to Steer, Not to Stop
Offshore wind energy is a cornerstone of Europe’s energy future. As Germany’s new government considers adjusting long-term targets, I call for clarity, strategic focus, and system efficiency. These issues will be at the heart of the industry conference Zukunft Offshore on [...]
“Rostock Offshore Quartier”: 50Hertz builds new operating site in Warnemünde as a gateway to the Baltic Sea
Presentation of the plans together with Mayor Eva-Maria Kröger and Minister of Economic Affairs Dr Wolfgang Blank Contract awarded for multifunctional building ensemble to architectural firm Bastmann+Zavracky COO Dr Dirk Biermann: "A place where people like to work and which characterises [...]
Eight Baltic Sea TSOs publish roadmap for efficient and resilient offshore grid to connect the countries
The Baltic Sea Map with the projects under consideration, in planning, under construction and existing in the Baltic Sea. Expert-paper presented at the Conference of Energy Ministers in Warsaw Potential of 93 GW Offshore Capacity in the Baltic Sea Basins Questions [...]
Baltica 2 team at the T5 construction site in Gdańsk
Representatives of PGE Baltica and Ørsted, including port specialists, were introduced to the progress of the terminal construction, which will be used to install the turbines of the Baltica 2 offshore wind farm. Representatives of Istrana, the company implementing the T5 [...]
