OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
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 [...]
Supplier Day – new prospects for cooperation in offshore wind energy
In the margins of the informal meeting of EU energy ministers in Warsaw, Commissioner for Energy and Housing Dan Jørgensen and energy ministers of the Baltic Energy Market Interconnection Plan(BEMIP) High-Level Group have signed a new Memorandum of Understanding (MoU). The [...]
ESVAGT developing new offshore wind business with a joint venture in South Korea
The market leader within maritime offshore wind solutions, ESVAGT, will follow customers to the emerging Korean offshore wind market by entering a joint venture partnership with South Korean KMC Line. Europe's leading offshore wind vessel operator, ESVAGT, is well on its [...]
Let’s bet on wind today to have a strong economy tomorrow. PWEA2025 conference coming up in June!
Poland has just been given the chance not only to catch up with the European leaders, but also to co-create a wind industry for the entire continent. ‘We will not develop the Polish economy if we do not have access to [...]
GPB Group announces new Strategy 2025-2035 with focus on offshore
Baltic Industrial Group (GPB) has announced its new development strategy for 2025-2035, setting a clear direction for its contribution to the energy transformation of Poland and the region. The strategy, approved by the Industrial Development Agency, continues CG GPB's transformation to [...]
Consolis Latvia inaugurates modernized Rumbula factory to produce precast hybrid wind turbine towers
Consolis Group officially inaugurated its upgraded production facility in Rumbula, near Riga, on 7 May. The modernized factory is now fully operational and delivering large-scale precast concrete elements for hybrid wind turbine towers. The LaFlora Wind Park is a flagship green [...]
Ayesa Polska to provide investor supervision for Baltica 2
The Baltica 2 offshore wind farm being built by PGE and Ørsted has signed a contract with Ayesa Polska. The main tasks of the contractor in this area are to provide investor supervision for the entire offshore part of the project, [...]
Baltic Regulators Request More Time on Long-Term Electricity Capacity Calculation Decision
Baltic energy regulators have requested a three-month extension from the EU Agency for the Cooperation of Energy Regulators (ACER) to decide on a proposed long-term capacity calculation methodology for electricity trading. Originally due by 22 March 2025, the decision concerns a [...]
Solid operational performance and reached more than 10 GW of offshore capacity while navigating a challenging short-term business environment
On 07.05.2025, Ørsted’s Board of Directors approved the interim report for the first quarter of 2025. In Q1 2025, Ørsted focused on the execution of four strategic priorities, which aim at solidifying their leading position in offshore wind towards the end of [...]
Baltic Sea Offshore Wind Summit – Special Conference Report
Baltic Sea Offshore Wind Summit - Special Conference Report Dear Readers, It is my pleasure to introduce this special report summarising the Baltic Sea Offshore Wind Summit 2025, held on March 10th at the [...]
