OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
EIB Group consolidates sustainability reporting in landmark 2024 report
EIB Group unveils first consolidated Sustainability Report, aligning with EU standards and streamlining key disclosures. EIB Group committed a record €51 billion for climate action and environmental sustainability in 2024, driving the green transition in Europe and beyond. The average greenhouse [...]
Consultation launched on offshore wind power areas in the EEZ and their strategic environmental assessment report
The Ministry of Economic Affairs and Employment of Finland requests comments on the draft Government decision concerning offshore wind power areas in the exclusive economic zone and on the related environmental report in accordance with the Act on the Assessment of [...]
New innovation hub will strengthen collaboration on solutions for the future
In the historic Fiskepakhus at Port Esbjerg, good ideas gain momentum. The new Port Esbjerg Innovation Hub will be a forum for the port’s companies, which will come together to develop, rethink and test new solutions and business ideas. Collaboration is [...]
EIB and Iberdrola sign a €500 million green loan for the Windanker offshore wind farm in German Baltic Sea
Benefits from guarantee to support green projects provided by Cesce, Spanish export credit agency. Windanker offshore wind farm will boost clean energy, energy security and jobs, supplying renewable electricity to around 600,000 people per year, according to Iberdrola's estimates. Project contributes [...]
DNV proposes revised risk management framework for UK offshore renewables industry, built on oil and gas best practice
DNV has released a comprehensive study comparing major accident risks and risk management practices in the UK between the offshore oil and gas and the offshore renewables industries. The study highlights the need for a revised approach to managing major accident [...]
Siemens Gamesa Pauses Esbjerg Offshore Wind Factory Plans Amid Market Uncertainty
A significant adjustment in the European offshore wind manufacturing landscape is underway as Siemens Gamesa Renewable Energy has announced it is putting on hold its plans to build an offshore wind turbine nacelle factory at the Port of Esbjerg in Denmark. [...]
Three Quarters of Growth Keep the Port of Klaipėda Ahead in the Baltic Region
Over the first nine months of this year, cargo throughput at the Port of Klaipėda increased by 11% compared to the same period last year, reaching 28.7 million tons. The largest share of cargo flow consists of container cargo and ro-ro, [...]
Baltica 1 project receives environmental decision
The Regional Director for Environmental Protection in Gdańsk has issued a decision on environmental conditions for the Baltica 1 offshore wind farm. This means that the project will be able to participate in the auction scheduled for 17 December this year. [...]
Amazon supports two new energy projects in Poland, doubling the country’s renewable energy capacity
Warsaw, 28 October 2025 – Amazon today confirmed the signing of agreements to purchase nearly 200 MW of renewable energy from two solar farms and one wind farm in the provinces of Opole, West Pomerania and Lublin from R.Power and OX2. [...]
L&T secures a key role in TenneT’s landmark Offshore Wind Programme
Larsen & Toubro (L&T) has achieved a major milestone in its Offshore Wind Business by securing a critical role in the prestigious High Voltage Direct Current (HVDC) offshore wind programme of TenneT, the Dutch German transmission system operator. This landmark development [...]
