OFFSHORE BUSINESS NEWS
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OFFSHORE BUSINESS NEWS
Wind Power’s Key Role in Sweden’s Investment Growth
Sweden’s surplus of fossil-free electricity at competitive prices has long made the country an attractive destination for foreign investments, driving job creation and innovation. To maintain this appeal, continued expansion of electricity production is crucial, with wind power playing a key [...]
Uckermark Line put into operation; important energy transition project celebrates completion
Neuenhagen, 17 February 2025 – Electrons can now travel along a new north-south freeway. Today, a key infrastructure project for the energy transition officially came online with the commissioning ceremony of the Uckermark Line, consisting of two subprojects. The new 380-kV [...]
Finland has over 100 GW of wind power in the planning pipeline
According to project statistics from Renewables Finland, there are over 100 gigawatts (GW) of wind power at various stages of planning in Finland. Not all planned projects will be realized, but a broad portfolio of wind power projects ensures that even [...]
‘Green loan’ of €1 billion to finance offshore grid connections in North and Baltic Seas
Eurogrid GmbH, the parent company of 50Hertz Transmission GmbH, entered into a contract with twelve banks for a redeemable loan of one billion euros with a term of ten years as part of ‘green’ syndicated financing supported by KfW. The loan [...]
Unique Cycling Event Coming in May!
On 22 May 2025, the unique 8th edition of the tour de wind REFRESHER - one of the most exciting cycling events in the wind energy industry - will take place! Cycling enthusiasts will come together to take part in this [...]
WINDFORCE Baltic Sea Conference of the WAB took place on Lolland/Falster in Denmark. Cooperation in the energy transition and strengthening technology transfer are more important than ever
Maribo, Bremerhaven 21.02.2025 - The 23rd WINDFORCE Baltic Sea Conference took place from February 19-20, 2025 in Maribo on Lolland / Falster, Denmark, under the motto “Cooperation in the energy transition, strengthening technology transfer, implementing climate protection goals, creating jobs, strengthening [...]
50Hertz and Energinet welcome EU Support for Bornholm Energy Island – project in the Baltic Sea
Good news from Brussels for the Danish-German energy project Bornholm Energy Island in the Baltic Sea. The project has received EU funding. Now regulatory path for the project must be defined. The European Commission has provided funding from the Connecting Europe [...]
This was a week when Europe’s investment engine hit €8 billion [Episode 158]
New episode 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, [...]
WindEurope launches ‘Wind Works for Europe’ series to showcase growing wind supply chain investments
WindEurope has launched a new initiative aimed at highlighting the growth of the European wind supply chain. The industry, which plays a pivotal role in meeting both competitiveness and energy security goals, is set to invest over €10 billion in building [...]
Energa announces major power grid upgrade: Key to developing offshore wind in Poland
The great modernisation programme of Polish power grids is crucial for the future of the offshore wind sector in Poland, especially in the context of the growing role of wind energy in the Baltic Sea. Energa Operator, part of the ORLEN [...]
