OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Estonia’s parliament passes Nuclear Energy and Safety Act, opening the door to a first power plant
Estonia's Riigikogu has passed the Nuclear Energy and Safety Act, creating the country's first legal framework for nuclear power, including a phased licensing system and a national regulator due to start work in January 2027.
European offshore wind supported 180,000 jobs and EUR 26 billion in value in 2025, study finds
A new study by Menon Economics and TGS | 4C estimates European offshore wind supported about 180,000 full-time jobs and EUR 26 billion in gross value added in 2025, with each direct job supporting roughly two more through the wider supply chain.
Stronger grid links could unlock 27 TWh of renewables by 2040, Aurora study finds
A 25% increase in cross-border grid interconnection could let Europe use an extra 27 TWh of wind and solar by 2040 and avoid 16.3 million tonnes of CO2, an Aurora Energy Research study finds — warning that curtailment could double by 2030 without timely network investment.
OX2 completes foundations at 40 MW Annopol wind farm in eastern Poland
OX2 has completed the foundation works at its 40 MW Annopol wind farm in eastern Poland, ahead of summer turbine assembly. The ten-turbine project will generate around 155 GWh a year under a long-term PPA with Amazon, with completion planned for 2027.
Baltic Sea interior ministers coordinate response to drone threats
Interior ministers of nine Baltic Sea states met in Helsinki to coordinate joint measures against drone threats to critical infrastructure and public safety.
GWEC urges governments to fast-track offshore wind against energy shocks
GWEC's 2026 report urges governments to fast-track offshore wind, warning that auctions slowed to 11.4 GW in 2025 even as 25 GW of projects sit ready to build.
European Energy extends management of six Polish wind farms with Enea
European Energy will keep managing six Polish wind farms totalling more than 83 MW for Enea Nowa Energia until the end of 2027.
EIB completes €250 million financing for Lithuania’s Kelmė wind farm
The European Investment Bank has added a €150 million loan for Lithuania's 314 MW Kelmė wind farm, bringing its total backing to €250 million.
ENGIE and European Energy to develop 150 MW hydrogen project in Denmark
ENGIE and European Energy will develop a 150 MW renewable hydrogen plant near Kassø in Denmark, targeting operations around 2030 and supply to Germany.
Nordex wins 484 MW in new US turbine orders
The Nordex Group has booked three new US orders totalling 484 MW, covering 88 turbines from its N133 and N163 platforms.
