OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Iberdrola plans to build Windanker wind farm in the Baltic Sea
One of the wind leaders, Spain’s Iberdrola, has summarised its financial results for the first nine months of 2021. Iberdrola has decided to exercise its right of first refusal on one of its wind projects. The 300 MW Windanker offshore wind [...]
Ørsted becomes the first energy company in the world with long-term science-based net-zero target
The Science Based Targets initiative (SBTi) has launched the Net-Zero Standard as the world’s only framework and leading standard for aligning corporate net-zero targets with climate science. As part of the launch, Ørsted’s 2040 net-zero full value chain decarbonisation target has [...]
Offshore wind energy at COP26 climate summit
The long-awaited climate summit in Glasgow - COP26 - kicked off on October 31. The venue for the meeting of decision-makers from around the world is significant - the UK is the European leader in the development of offshore wind energy, [...]
PGE and Ørsted reach agreement on support level for Baltica offshore wind farm
The investment partners involved in the construction of the Baltica offshore wind farm have started individual negotiations with the European Commission, concerning the determination of an individual price in the differential contract for both stages of [...]
Dillinger continues to invest in monopile production
Dillinger, a German manufacturer of high-quality heavy plate, has announced that they will invest €56.5 million to expand production of super-heavy plate at Dillinger and to manufacture offshore foundations at Steelwind Nordenham. […]
TÜV Rheinland signs contract with Siemens Gamesa for inspection of offshore systems in Baltic and North Sea
TÜV Rheinland already agreed on a long-term cooperation with Siemens Gamesa at the beginning of the year for tests on offshore wind turbines in the North Sea and Baltic Sea. With this contract, TÜV Rheinland is intensifying its cooperation with Siemens [...]
Vattenfall explores new ways to quantify biodiversity
Vattenfall and French based CDC Biodiversité, a leading European organization in biodiversity assessments, have started a collaboration to assess Vattenfall’s biodiversity footprint. This is an important step for Vattenfall on the journey to secure a net positive approach for nature by [...]
The road to Polish wind farms full of challenges
The Polish Offshore Wind Sector Deal signed on 15 September 2021 is another milestone in the development of this sector in Poland, next to the Act on the Promotion of Electricity Generation in Offshore Wind Farms of December 2020. This article [...]
Lina Kinning, SWEA: The transparent and open dialogue will be crucial in Swedish offshore grid development
The Swedish government announced in October that electricity system operator Svenska Kraftnät would be tasked with developing the offshore transmission grid in connection with plans to develop offshore wind power. Lina Kinning, offshore energy and European [...]
Will the “Polish Offshore Wind Sector Deal” be the driver of Polish local content?
The Polish Offshore Wind Sector Deal signed on 15 September 2021 is another milestone in the development of this sector in Poland, next to the Act on the Promotion of Electricity Generation in Offshore Wind Farms of December 2020. This [...]



