OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Polish government adopts law to promote electricity generation in offshore wind farms
The Polish government has adopted a law to promote the development of offshore wind energy by allowing different maximum electricity prices to be set depending on the specific characteristics of individual maritime areas. The new legislation gives the Minister for Climate [...]
TAURON achieves milestone in construction of onshore wind farms
TAURON has commissioned the Mierzyn wind farm, thereby achieving 0.5 GW of onshore installed capacity. The power plant, with a total capacity of 58.5 MW, is located in the municipality of Karlino, in the West Pomeranian province. Production from the latest [...]
OX2 hands over 62.5 MW Wysoka Wind Farm to Ingka Investments
OX2 has commissioned the Wysoka Wind Farm, owned by IngkaInvestments, the investment arm of the Ingka Group, the world's largest IKEA franchise company. The farm has installed the largest wind turbines in Poland, achieving unprecedented power in the local onshore market. [...]
COP29: Europe’s Focus on Climate Finance and Offshore Wind Development
As the COP29 UN Climate Change Conference opens in Baku, Azerbaijan, from November 11 to 22, climate leaders, including the European Union (EU), gather to address one of the most pressing challenges of our time: securing a sustainable, climate-friendly future. This [...]
Baltic Power brings heavy-lift vessel to Poland for landmark offshore wind farm construction
A state-of-art vessel has arrived at the Port of Gdynia - the Svanen - a heavy-lift vessel from Van Oord’s fleet designed for the installation of offshore wind farm foundations. This particular vessel that will start the first offshore wind farm [...]
Vattenfall bets on offshore and invests €5 billion in Germany’s energy transition
Vattenfall, following the sale of its Berlin district heating business, has announced a new strategy for the German market, which involves significant investment in the development of renewable energy production infrastructure and the development of electromobility. Investments in excess of €5 [...]
EIB approves financing for construction of 1440 MW of wind farms in the Baltic Sea
The Board of Directors of the European Investment Bank (EIB) has approved financing for the construction of two wind farms in the Baltic Sea with a total capacity of 1440 MW. This information was shared by Teresa Czerwińska, vice-president of the [...]
This was a week of strategic crossroads in Baltic Sea Offshore Wind [Episode 143]
Episode 143 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, [...]
Poland to increase capacity volume in first offshore auction to 4 GW, planned for 2025
The Ministry of Climate and Environment of Poland has announced an increase in the planned capacity volume for the first offshore wind auction in 2025 from the original 2.5 GW to 4 GW. Four auctions are planned between 2025 and 2031, [...]
An additional study of the object located at the bottom of the Baltic Sea was carried out
As Lithuania plans to develop offshore wind parks in the Baltic Sea, an additional survey of an almost 6.5 km long underwater object was carried out by order of the Ministry of Energy. The experts of the Coastal Research and Planning [...]
