OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Lithuanian government proposes temporary halt to offshore wind farm auction
The Lithuanian Ministry of Energy has proposed a temporary suspension of the ongoing offshore wind farm auction. The pause would allow for a review of the auction’s terms to ensure minimal impact on electricity prices for end-users. A draft resolution outlining [...]
Enefit Green and AFRY signed a FEED design contract for Liivi Bay offshore wind farm
Enefit Green and AFRY signed a contract to deliver the Front-End Engineering Design (FEED) services for the 1GW Liivi Bay offshore wind farm in Estonia. Johann-Gustav Lend, Head of Offshore Wind Energy at Enefit Green, noted that company is pleased to [...]
PNE AG Swedish onshore wind projects to Aneo
In mid-January 2025, PNE AG made a strategic decision to sell its Swedish subsidiaries, PNE Sverige AB and VKS Vindkraft Sverige AB, to the Norwegian energy supply company Aneo. The transaction includes the companies located in Gothenburg and Motala, alongside a [...]
4th Future Energy Congress: Join the Leaders of Change
On 6-7 May 2025, the Future Energy Congress, organised by the ‘With Energy About Law’ ["Z energią o prawie"] Association, will be held for the fourth time in Toruń. This is an event that attracts key experts, leaders and innovators of [...]
Ørsted hits with €1.7bn impairment as US offshore challenges grow
Ørsted presents an operating profit (EBITDA) for 2024 based on preliminary and unaudited reporting. EBITDA excluding new partnership agreements and cancellation fees is expected to total DKK 24.8 billion in 2024, in line with the latest guidance. The operational earnings from [...]
Estonia advances plans for offshore wind farm development in Saare 7 area
The Consumer Protection and Technical Regulatory Authority (CPTRA) has announced plans to initiate the superficies license procedure for an offshore wind farm in the Saare 7 area. Located approximately 11 kilometers west of Saaremaa, this site has been identified as suitable [...]
This was a week of rising tensions across Europe’s energy frontier in Baltic Sea Offshore Wind [Episode 153]
New episode 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, [...]
New Report: The net-zero manufacturing industry landscape across EU Member States
The European Commission has unveiled an independent study offering a detailed snapshot of the net-zero manufacturing landscape across the EU, focusing on renewable energy technologies, including wind. As the EU strives to maintain its leadership in wind energy production, the study [...]
Baltic Power: Kamil Kobyliński Joins the Company’s Board of Directors
Baltic Power has announced in a press release the appointment of Kamil Kobyliński to the company's Board of Directors as a Board Member. He replaces Jarosław Broda in this role. Kamil Kobyliński is an experienced manager and energy industry expert with [...]
NATO launches ‘Baltic Sentry’ to increase critical infrastructure security
NATO Secretary General, Mark Rutte co-hosted a Summit of Baltic Sea Allies on Tuesday (14 January 2025), along with President Alexander Stubb of Finland and Prime Minister Kristen Michal of Estonia. At the meeting in Helsinki, Mr Rutte announced the launch [...]
