OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Act on Offshore Wind Power in the Exclusive Economic Zone enters into force – First tenders could be organised at the end of 2025
On 19 December 2024, the President of the Republic approved the Act on Offshore Wind Power in the Exclusive Economic Zone. The Act will help promote offshore wind power in Finnish exclusive economic zone, clarify the regulation of offshore wind power [...]
WindEurope assesses one year since adoption of European Wind Energy Charter
WindEurope assesses the first anniversary of the EU Wind Charter. The Charter committed 26 EU Governments, the EU Commission, and the European wind industry to implement the 15 measures set out in the European Wind Power Package to strengthen Europe’s wind [...]
Iberdrola Germany and SCHWENK Zement Partner in green electricity supply from Baltic Sea offshore wind farm
Iberdrola Germany and SCHWENK Zement GmbH & Co. KG have entered into a long-term cooperation agreement for the supply of green electricity from the Windanker offshore wind farm, currently under construction in the Baltic Sea. The agreement will provide SCHWENK with [...]
European Energy and Novo Holdings announce joint venture to triple renewable energy capacity of German onshore wind parks
A partnership between Novo Holdings and European Energy will repower 17 operational wind parks in Germany with new and more efficient wind turbines. The respective wind parks went operational between 2002 and 2008, and since then, significant advances have been made [...]
PFI Yearbook 2025: Opportunities and Challenges for Baltic Offshore Wind
The decarbonisation agenda is a pressing priority for governments worldwide, and the Baltic Sea region is emerging as a critical area for renewable energy development, particularly offshore wind. In April 2024, eight countries bordering the Baltic Sea – Lithuania, Denmark, Estonia, [...]
OX2 acquires Bursjöliden wind farm in northern Sweden
OX2 has acquired Bursjöliden wind farm from RWE. The project Bursjöliden is located in Örnsköldsvik municipality, in the North of Sweden. The project is planned to be integrated into OX2's portfolio for long-term ownership. The Bursjöliden wind farm is located in [...]
TotalEnergies, European Energy and SONFOR close deal on two Danish offshore wind projects
TotalEnergies acquires a majority stake in the two Danish offshore wind projects Jammerland Bay and Lillebælt South from European Energy and SONFOR. The projects have received construction permits from the Danish Energy Agency, giving the green light for the construction of [...]
This was a week of strategic discussions in Baltic Sea Offshore Wind [Episode 149]
Episode 149 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, [...]
NATO determined to protect critical undersea energy infrastructure
Europe wants to build lots more renewables to strengthen its energy security and industrial competitiveness. The geopolitical situation poses new questions around the security of these assets. At its Annual Roundtable on Energy Security NATO confirmed its determination to protect critical [...]
Member States agree new ambition for expanding offshore renewable energy
EU countries have updated their goals for the deployment of offshore renewable energy up to 2050 in each of the EU’s 5 sea basins, with intermediate objectives to be achieved by 2030 and 2040. At an online meeting of the Directors-General [...]
