OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Sunly, Deep Wind Offshore, and VALOREM Group join forces for offshore wind project Tuul Energy in Estonia
Estonian energy producer Sunly and French renewable pioneer VALOREM Groupenters Deep Wind Offshore’s offshore wind project Tuul Energy for joint development in Estonia. Sunly, Deep Wind Offshore, and VALOREM Group has signed a partnership agreement to develop offshore wind in Estonia. [...]
50Hertz appoints Christine Janssen as new CFO
Berlin, April 17, 2025 – Changes in the management of 50Hertz: The Supervisory Board of 50Hertz Transmission GmbH appointed Christine Janssen as the new Chief Financial Officer (CFO) of 50Hertz. She succeeds Marco Nix, who joined the Elia Group as CFO [...]
Litgrid commences design work for the Harmony Link overland interconnector
Lithuania’s electricity transmission system operator, Litgrid, has signed a contract for the design workk of the Harmony Link overland electricity interconnector with Poland. The appointed contractor will be responsible for preparing the main technical solutions and designing the key infrastructure elements [...]
Wind industry installs record capacity in 2024 despite policy instability
23 April, London | The Global Wind Energy Council’s flagship Global Wind Report released yesterday shows that 2024 was a record year for new capacity, with 117 GW of wind energy installed across the world. However, GWEC warned of increasing policy [...]
Rethinking Energy Security in the Age of Renewables – IRENA Report Highlights
The International Renewable Energy Agency (IRENA) presents a compelling case for a rapid, global shift to renewable energy as the only viable path to keeping climate goals—particularly the 1.5°C target—within reach. In its latest report, IRENA stresses that this transformation is [...]
The first stage of Kelmė wind farm has reached commercial operations date
Ignitis Renewables, an international green energy company, has completed the first stage of the largest wind energy project in Lithuania and the Baltics, Kelmė wind farm. The 114-megawatt (MW) Kelmė wind farm I has successfully reached the commercial operations date. “Kelmė [...]
Choczewo substation takes shape
With the beginning of April, two years have passed since the start of construction. Contractor teams have just finished installing the primary apparatus in the 400 kV switchgear bays. This part of the substation is to be commissioned first and will [...]
Prime Minister wants repolonization of the economy – wind sector responds with ready strategy for development of Polish industry
Donald Tusk announces the end of “ naive globalization” and puts a red-and-white flag on our economy - it's time to rebuild the national economy, repolonize the Polish economy, market, capital - stated the head of government during EFNI and pointed [...]
Ocean Winds and P&Q sign contract for design, construction, installation and commissioning of BC-Wind onshore power substation
Ocean Winds, a global leader in the offshore wind industry, has signed a contract with P&Q, a Polish general contractor in the power sector, for the implementation of key onshore infrastructure at the BC-Wind project. The contract covers the design, construction, [...]
Poland as the energy hub of the Baltic Sea
This compelling article, authored by Niels Frederik Malskær, Senior Energy Advisor at the Danish Embassy in Warsaw, and Natalia Zofia Ścięgosz, Commercial Advisor, Energy at the Danish Embassy in Warsaw, delves into Poland's pivotal role in the Baltic Sea's energy landscape. [...]