OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Estonia halts Saare 7 offshore wind licensing
The Estonian Consumer Protection and Technical Regulatory Authority (CPTRA) has officially halted the licensing proceedings for the Saare 7 offshore wind farm, located west of Saaremaa island in the Baltic Sea. The decision, issued following an auction held between June 10-12, [...]
Masdar and Iberdrola Announce €5.2bn UK Offshore Wind Deal and Full Energization of 476MW German Offshore Wind Farm
One of the largest offshore wind transactions of the decade: Masdar and Iberdrola will co-invest €5.2 billion in the 1.4 GW East Anglia THREE project, each holding 50% and joint governance. First JV now online: The partners’ inaugural project – Baltic [...]
Baltica 2 close to construction launch – boulder relocation ongoing on the future wind farm site
Preparatory works are underway in the Baltic Sea that directly precede the construction of Baltica 2, a joint-venture by PGE and Ørsted. Boulder relocation on the seabed is a key stage in preparing the site for the installation of foundations and [...]
Giles Dickson departs WindEurope – commitment to Baltic Offshore Wind remembered
Giles Dickson, the long-serving CEO of WindEurope, has announced his departure from the organization. Dickson, who has dedicated the last 10 years to serving the wind energy sector and a total of 26 years working outside the UK, shared his decision [...]
Port of Gdańsk and DORACO sign agreement for reconstruction of Vistula Quay
On 7 July 2025, the Port of Gdańsk and Korporacja Budowlana DORACO signed an agreement at the headquarters of Port of Gdańsk Authority SA for the implementation of one of the key investments in the Inner Port – the comprehensive reconstruction [...]
PNE Group receives permits for three new wind farms in Germany
The permits allow for the installation of approximately 46 MW of renewable energy Once operational, the facilities can supply electricity to a total of 36,000 three-person households per year Cuxhaven, 8 July 2025 – In the second quarter of 2025, the [...]
Energy Island Bornholm: key project for Europe’s green transition
WirtschaftsWoche recently featured Søren Møller Christensen, CEO, who provided insights into Energy Island Bornholm – a significant project with implications for Europe's future energy landscape. The Energy Island Bornholm initiative is positioned as a critical development in Europe's efforts towards a [...]
Significant financial support from Ignitis Renewables for communities near wind farms
Ignitis Renewables, an international green energy company, continues to provide significant financial support to communities located near wind and solar farms that are under development or already in operation. This year, it plans to allocate over EUR 420 thousand to communities. [...]
ORLEN installs Europe’s largest offshore wind turbines. The first Polish offshore wind turbine already in place
The ORLEN Group, together with Northland Power, has successfully begun installing Europe's largest 15 MW wind turbines. The first wind turbine has been erected in the Polish part of the Baltic Sea. This marks the beginning of a new chapter in [...]
First Supplier Day for Bałtyk 1 – the largest offshore wind farm being developed in the second phase of Polish offshore development
Equinor and Polenergia are once again organising a Supplier Day, but for the first time it will be entirely dedicated to the Bałtyk 1 project – the largest and most advanced offshore wind farm being developed in the second phase of [...]
