OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Princess Elisabeth Island foundation works finish with 23rd caisson in place
The 23rd and final caisson is in place at the Princess Elisabeth Energy Island off Belgium, completing foundation works. Cable connections follow in 2027–2028, with full completion due in 2031.
BWO online talk to examine EU emissions-trading reform and the offshore wind steel supply chain
The BWO is holding an online talk on 26 August 2026 on the EU's proposed emissions-trading reform and what it means for steel procurement and the offshore wind supply chain.
Nordex returns to double-digit EBITDA margin in second quarter of 2026
Nordex Group reported a 10.3 per cent EBITDA margin, a 32 per cent jump in order intake and €165m of free cash flow in the second quarter of 2026, and confirmed its full-year guidance.
Deepwater foundations: why the 60-90 metre gap matters to the Baltic supply chain
The Baltic is too shallow to need Neretek's BC90 foundation. But the factories, quays and welders that a 60-90 metre foundation class would draw on are already working on Baltica 2.
Alterric raises syndicated green loan to €350m as onshore pipeline grows
Alterric has lifted its syndicated green loan from €300m to €350m, with Crédit Agricole CIB joining Commerzbank and ING, to match a development pipeline of around 11,000 MW.
Nordex wins 82 MW of community wind orders in Lower Saxony
Nordex will supply twelve turbines totalling around 82 MW for community wind projects at Erlte-Endel and the Bad Essen cluster in Lower Saxony, with commissioning planned for spring 2028.
How Germany is rewiring the economics of offshore wind
Germany's 70 GW offshore target now hinges less on ambition than on money. Three reforms — CfD auctions, the AgNes network-charge overhaul and cross-border grid links — are reshaping the economics, with clear lessons for the Baltic.
German onshore wind auctions in 2026: volumes, prices and who is winning
Germany's 2026 onshore wind auctions are heavily oversubscribed. A look at the volumes, prices and the developers — Qualitas, UKA, Alterric — shaping the market, and what it means for the Baltic.
ENOVA and Sosteneo launch new platform to grow German onshore wind fleet towards 1 GW
ENOVA has set up ENOVA Generation GmbH, majority-owned by Sosteneo, taking on eleven German wind farms (~350 MW) with a target of 1 GW.
WindEurope backs Cycling4Climate rides in Belgium and Poland this September
WindEurope is backing two Cycling4Climate rides in September: Brussels on 12 September and Szczecin on 19 September, the latter with PSEW.
