OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
WindEurope: orders and supply chain investments are up – but urgent action is required on grids, permitting, and auction design
WindEurope’s latest data shows that Europe built 6.4 GW of new wind farms in the first half of 2024. Turbine orders increased year-on-year, and auction volumes are strong. However, grid bottlenecks are delaying projects, and securing major new investments remains challenging. [...]
Spire Capital Partners Invests in Bioseco, Leading Innovator in Bird Protection for Wind Farms
Spire Capital Partners (SCP) has announced its latest investment, acquiring a controlling stake in Bioseco, a pioneering company in bird protection technology for wind farms. With this investment, Bioseco aims to accelerate the deployment of more than 200 new bird protection [...]
Tele-Fonika Kable to Supply Cables for Offshore Wind Farms Bałtyk 2 and Bałtyk 3
Polenergia and Equinor, who are jointly developing three offshore wind farms in the Baltic Sea, have signed a significant agreement with Tele-Fonika Kable. The Polish company will produce and deliver land cables for the Bałtyk 2 and Bałtyk 3 projects. Tele-Fonika [...]
The Role of the New European Commission and Regional Cooperation in Accelerating Offshore Wind in the Baltic Sea
At a recent panel debate held at the Permanent Representation of Poland to the EU, organized by PGE with Euractiv as media partner, industry leaders and government representatives discussed the crucial role that offshore wind in the Baltic Sea will play [...]
Ignitis Group Joins Exclusive Collaboration Agreement with Massachusetts Institute of Technology
Ignitis Group has signed a Letter of Intent with partners from various sectors and academic institutions at the Lithuanian Research Council (LMT) to initiate the Massachusetts Institute of Technology's (MIT) International Science and Technology Initiatives (MISTI) program in Lithuania. This exceptional [...]
Green Power Denmark: New Approach Needed for Offshore Wind Projects After 2030
As Denmark moves towards full energy self-sufficiency by 2030, Green Power Denmark is calling for a significant shift in how offshore wind farm projects are tendered. The organisation proposes three new models for managing Denmark’s offshore wind energy post-2030, focusing on [...]
Poland Secures PLN 70 Billion in Preferential Loans for Energy Transformation
In a significant step towards accelerating Poland’s energy transition, a total of PLN 70 billion (EUR 16 billion) from the National Recovery Plan (KPO) will be provided in the form of preferential loans to support investments in the country’s energy sector. [...]
Bundesverband Windenergie Offshore Doubles Membership, Strengthening Industry Influence
The Bundesverband Windenergie Offshore e.V. (BWO), the leading association representing offshore wind energy interests in Germany, has nearly doubled its membership following a strategic restructuring. Over the past year, BWO has broadened its reach across the offshore wind value chain, resulting [...]
Wind power supply chain development: opportunity for Poland and Denmark
It is in the interest of both Poland and Denmark to cooperate and jointly develop a supply chain for the offshore and onshore wind energy sector. It will provide raw material and service base for investment projects in the coming decades. [...]
Orlen: We are considering participating in a second tender for offshore wind farms in Lithuania
Orlen, Poland's largest oil company, is considering new investments in Lithuania, such as the construction of a wind farm in the Baltic Sea and the production of green hydrogen. These were among the topics of Wednesday's meeting between Lithuanian Prime Minister [...]
