OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
EIB lends Elia 1 billion euros for second phase of Belgium’s Princess Elisabeth energy island
The European Investment Bank has granted Elia Transmission Belgium a 1 billion euro green credit facility for phase two of the Princess Elisabeth Island, its largest energy infrastructure loan in the Benelux. The hub is due to connect Belgium's second offshore wind zone from 2031.
Who repairs a cut cable? The missing layer in Baltic subsea infrastructure protection
Prevention and detection dominate the debate on Baltic subsea infrastructure. Repair capacity - vessels, spare sections and crews - is the thinnest layer, and the European funding that exists mostly covers telecom cables rather than power.
Finland clears EUR 21 million for carbon capture at Rauma pulp mill feeding electrofuel production
Finland's Ministerial Finance Committee has endorsed 21 million euros in investment aid for a 100,000-tonne biogenic carbon capture plant at Metsä Fibre's Rauma pulp mill, with the captured CO2 destined for renewable electrofuels.
Nordic and Baltic energy ministers meet in Tallinn on grid security and undersea infrastructure
Energy ministers from the eight Nordic and Baltic countries met in Tallinn on 4 September to discuss Ukraine, the protection of critical energy infrastructure and market competitiveness, with Finland pressing for EU support on repairing undersea assets.
German cabinet approves WindSeeG amendment, reopening offshore auction design
The German cabinet has adopted the draft WindSeeG amendment, sending changes to offshore auction design, realisation deadlines, resilience criteria and environmental rules into the parliamentary process.
German wind feed-in runs 14 per cent ahead of last year through early September
German wind farms produced 87.46 billion kWh between January and early September, around 14 per cent more than a year earlier, according to IWR data. European figures for the week are incomplete after an ENTSO-E data migration failed.
Perigus Energy connects 8.3 MWp solar park built inside a working deer enclosure
Perigus Energy has connected an 8.3 MWp solar park built inside a 6.9-hectare fallow deer enclosure in Saarland, with modules raised high enough for the herd to graze underneath.
The grid is the bottleneck: what Europe’s connection queues mean for Baltic wind
Permitting used to be the hard part. Now it is the wires: 72 TWh curtailed across Europe, 800 GW stuck in connection queues, and a Baltic hybrid interconnector facing a decision point.
Five years from permit to first power: Energiequelle commissions 4.2 MW turbine at Krummensee
Energiequelle has commissioned a 4.2 MW Enercon turbine at Krummensee in Brandenburg, five years after the permit was issued and after a legal dispute that nearly ran the consent out of time.
Oversubscribed and unbuilt: what Germany’s onshore wind auctions tell the Baltic markets
Germany's onshore wind auctions are bid 2.6 times over and clearing at record lows. The winners share locked-in turbine supply and secured grid connections — and the harder constraint now sits between the award and the first foundation.
