Offshore business news

OFFSHORE BUSINESS NEWS

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OFFSHORE BUSINESS NEWS
2609, 2023

RWE and FRS Windcat Polska present a hydrogen-powered CTV unit to transport offshore wind farm crews

OFFSHORE, POLAND, TECHNOLOGY|

RWE and FRS Windcat Polska presented the Hydrocat 55, one of the world's first dual-fuel crew transport vessels (CTV), in the port of Ustka. It is a dual-fuel, MDO-fueled unit that can also run on hydrogen, significantly reducing CO2 emissions. In [...]

2509, 2023

CEF Energy: two Baltic projects obtain the status to join the CB RES list

ESTONIA, LATVIA, OFFSHORE, PROJECTS|

The European Commission has announced today that two more projects have obtained the status required to be part of the List of Renewable Energy Cross-border Projects (CB RES list) under the Connecting Europe Facility for Energy (CEF Energy). The list, launched [...]

2509, 2023

IEA report: Momentum behind low-emissions hydrogen continues to grow

CLIMATE, OFFSHORE, OPINIONS, TECHNOLOGY|

Momentum behind low-emissions hydrogen continues to grow despite the slow roll-out of financial incentives and stubborn cost pressures that threaten to delay projects, says new IEA report. But production levels can still increase substantially by 2030 if all announced projects are [...]

2509, 2023

EBRD to extend a €140 million loan to Baltic Power

OFFSHORE, POLAND, PROJECTS|

The European Bank for Reconstruction and Development (EBRD) is supporting the development of Poland’s renewable energy capacity by extending a €140 million loan to Baltic Power to finance the construction of the country’s first offshore wind farm. The EBRD’s financing is [...]

2309, 2023

This week in Baltic Offshore Wind in 5 minutes – Episode 84

AUTHORS, PODCAST|

Episode 84 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, [...]

2209, 2023

Dutch offshore sector bets on cooperation in Poland and Lithuania

LITHUANIA, OFFSHORE, POLAND|

The success of ambitious offshore plans in fast-emerging markets such as Poland and Lithuania depends on leveraging the best available European sector experience in building and operating wind farms. Cooperation is the key to building local value chains. This is the [...]

2209, 2023

Poland: InvestEU – EIB supports one of the world’s largest wind farms with €610 million in financing

OFFSHORE, POLAND, PROJECTS|

The project on the Baltic Sea will be developed by Baltic Power, with EIB financing backed by InvestEU. Poland will join Denmark and Germany in harnessing the clean energy potential of Baltic Sea basin. Once finished in 2026, the wind farm [...]

2209, 2023

European Court of Auditors: Blue revolution should not be pursued at all costs

OPINIONS, TOP NEWS|

The development of offshore renewable energy in Europe yields ambiguous results, the European Court of Auditors warns in a report published today. EU action and money have contributed to the development of ‘blue energy’ in pursuit of the bloc’s climate and [...]

2109, 2023

Szczecin Shipyard “Wulkan” will participate in the European supply chain

OFFSHORE, POLAND, PROJECTS|

Szczecin Shipyard "Wulkan" hereby announces its involvement in the construction of the 1000 MW THOR offshore wind farm owned by RWE. Based on a recently signed agreement with Dajin Offshore, the "Wulkan" Shipyard is responsible for the delivery of internal platform [...]

2109, 2023

IRENA policy brief: it is crucial to facilitate permitting processes for offshore wind projects

OFFSHORE|

Offshore wind represents a key solution in meeting global climate goals, and an increasing number of countries are turning to this technology to catalyse their sustainable energy transition efforts. According to IRENA’s World energy transitions outlook, to remain on track to [...]

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