OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Commission facilitates landmark grant agreement of more than €645 million for the Bornholm Energy Island interconnector between Denmark and Germany
Marking a major milestone in strengthening the Energy Union and EU cross-border interconnectedness, the Commissioner for Energy and Housing, Dan Jørgensen, participated today in the signature ceremony for an EU-backed €645.2 million grant agreement on the Bornholm Energy Island (BEI) hybrid offshore project. [...]
ELWIND signs contract for Determination and assessment of possible grid connection points, cable routes and network configuration studies
ELWIND has signed a contract with Haskoning Nederland B.V. to carry out a study on determination and assessment of possible grid connection points, cable routes, as well as network configuration for Estonian-Latvian offshore wind park project ELWIND. The Grid Study will [...]
Public procurement for Technical Expert and Client Representative services for ELWIND
The ELWIND offshore wind project has published a procurement for independent expert services to provide technical assurance and quality control for upcoming site investigations. The procurement includes five roles: · Technical Expert for overall technical support · Technical Expert for the [...]
First batch of monopiles for Baltica 2 leaves production hall
The first batch of monopiles – steel foundations for the Baltica 2 project implemented by Ørsted and PGE – has left the production hall. Monopiles are key load-bearing elements of the entire wind farm – they carry the loads of the [...]
New support from CEF Energy for wind energy
The European Commission has announced its decision to award €76.3 million to three cross-border renewable energy projects under the CEF Energy instrument. Two of these projects directly concern the development of wind energy and show that wind remains one of the [...]
The first onshore power supply station is being installed at the Port of Klaipėda
The Port of Klaipėda is completing its first quay electrification project. An onshore power supply station has already been installed at the Port Authority’s Fleet Base and will be tested by the end of the year. It will provide electricity to [...]
Boosting electricity demand and flexibility is key to unlock the energy transition’s benefits
In 2024, higher shares of clean and renewable sources in the electricity mix, combined with stagnating demand, reduced average prices to €82/MWh from €227/MWh in 2022 – according to Eurelectric’s Power Barometer 2025. Despite this drop, regional price spikes and market volatility [...]
RWE: TotalEnergies Selected by the State as Operator of the Country’s Largest Renewable Energy Project
TotalEnergies, in partnership with RWE, has been awarded the “Centre Manche 2” offshore wind tender as operator. The project will represent an overall investment of approximately €4.5 billion, the largest made by TotalEnergies in the country in the past 30 years. [...]
Avincis enters offshore wind market with acquisition of KN Helicopters, Denmark
LISBON, Portugal – 23 September, 2025: Avincis, Europe’s largest emergency aerial services operator, has acquired KN Helicopters in Denmark. KN Helicopters has been delivering helicopter services to the offshore wind sector since 2016, having secured contracts with wind farm owners and [...]
Andel to participate in Ørsted’s rights issue
Andel will participate in Ørsted’s rights issue, investing DKK 3 billion and maintaining its 5 percent ownership share. The Board of Directors and Executive Management consider this an act of responsible ownership to support Ørsted’s Danish activities and to ensure Ørsted [...]
