OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Delivering offshore energy to all
Government officials, industry leaders, and stakeholders converged in Bruges on Wednesday and Thursday for the High-Level Offshore Event under the Belgian presidency, aimed at propelling the European offshore wind industry forward. The gathering, attended by Directors-General for Energy from EU member [...]
PIMEW Offshore Wind Energy Cup 2024: Interview with Jakub Budzynski on Sports Integration of the Industry
We are just a few days away from the fourth edition of the PIMEW Offshore Wind Energy Cup 2024 regatta. This is a great opportunity to talk with Jakub Budzyński, President of the Polish Offshore Wind Industry Chamber, about the importance [...]
Meet Team Norway at Swedish Offshore Wind Forum in Göteborg
As the world navigates the transition towards renewable energy sources, collaborative efforts become increasingly vital. Recognizing this, Team Norway, a consortium comprising Innovation Norway, the Royal Norwegian Embassy, Norwegian Energy Partners, and Norwegian Offshore Wind, is gearing up to host an [...]
Ignitis Group announces an ambitious Strategic Plan 2024–2027 to double the green capacities with major investments
Ignitis Group, a renewables-focused integrated utility, is accelerating its investments and plans to double its Green Capacities by 2027. Building on the ongoing energy transition, the Group aims to deliver the benefits of renewable energy to its customers in the Baltics [...]
Offshore transformer station construction agreements signed by MFW Bałtyk II and III with Iemants
The project companies of offshore wind farm Bałtyk II and offshore wind farm Bałtyk III have signed reservation and pre-work agreements with Iemants for the design and construction of offshore transformer stations, stated Polenergia in a press release. The booking agreements [...]
Finland announces offshore wind tender schedule
During the Wind Finland Offshore event on May 14th, 2024, the Finnish Minister of Climate and the Environment, Kai Mykkänen, delivered promising news regarding the country's offshore wind energy initiatives. Mykkänen, an economist known for his dedication to environmental issues, shared [...]
Fingrid explored preliminary possibilities to connect offshore wind power to main grid
Fingrid has preliminary identified five areas along the west coast where large offshore wind parks could be connected to the mainland Finland’s transmission grid by the 2030s. These connections would require significant investments in the grid. The identified areas are Ulvila, [...]
Preliminary geotechnical campaign for Baltica 1 launched
PGE Baltica has launched a study to identify the Baltic Sea bottom for one of its offshore wind farm projects, Baltica 1. This task is being performed for the investor by Geoquip Marine. The main purpose of a geotechnical campaign in [...]
REPowerEU – EU presents new initiatives to strengthen energy security and accelerate transition to renewables
Today is the second anniversary of REPowerEU, the EU’s energy policy response to Russia’s invasion of Ukraine. REPowerEU has sped up the permitting of wind farms and helped raise the share of wind in Europe’s electricity mix – it’s now 19%. [...]
EQT offers $1.5 billion for renewable energy leader OX2
Private equity giant EQT has made headlines with its recent bid to acquire OX2 AB, a leading renewable energy platform, for a staggering $1.5 billion. The move underscores EQT's strategic focus on the renewable energy sector and its commitment to driving [...]
