OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
The largest project finance transaction in the history of Polish energy. Equinor and Polenergia have closed financing for offshore projects.
Equinor, an international energy company based in Norway, and Polenergia, Poland's largest private energy group, have closed financing for the Bałtyk 2 and Bałtyk 3 offshore wind farms. This is the largest project finance transaction in the history of the Polish [...]
Prime Minister Tusk at Baltic Towers factory: Poland bets on local industry and offshore wind
Prime Minister of the Republic of Poland, Donald Tusk, Deputy Minister of National Defence Cezary Tomczyk, together with President of the Board of ARP S.A. Wojciech Balczun, President of the Board of GRI Renewables Industries, S.L., Antonio Barbosa and representatives of [...]
Polish Offshore Industry Awaits Decisions. Wind Industry Hub Offers the Government a Ready-Made Roadmap. [INTERVIEW]
Poland's offshore wind industry is gaining momentum, and with it the discussion about the role of Polish industry in this strategic sector. The Wind Industry Hub Foundation, working to support a strong industrial base in Poland, has prepared a strategy that [...]
ELWIND signs contracts to study the impact of offshore wind farms on birds
ELWIND project has signed a contract with 3BIRD OÜ to conduct a survey of birds in Estonian area and with Workboats Consulting OÜ to conduct a survey of birds in Latvian area. The study consists of three separate surveys: A baseline [...]
BWO: Do not change tender volumes until 2030!
At the start of this year's industry conference in Berlin, "Zukunft Offshore" the German Offshore Wind Energy Association is formulating its demands for the new federal government in Germany. These include not changing the fixed auction volumes for offshore wind energy [...]
On My Way to Zukunft Offshore 2025 – Strengthening Regional Cooperation in Offshore Wind
As I head to Berlin for the Zukunft Offshore 2025 conference, I’m filled with anticipation and energy. Organized by the German Offshore Wind Energy Foundation (Bundesverband Windenergie Offshore – BWO), this flagship event in Berlin brings together political leaders, industry decision-makers, [...]
ORLEN Opens Baltic Power Service Base in Łeba
Grupa ORLEN has marked a significant milestone in the development of Poland’s first offshore wind farm, Baltic Power, with the official opening of a dedicated operations and maintenance base in Łeba. This is the first facility of its kind in Poland [...]
Ignitis Group’s ambitious Strategic Plan 2025–2028: paving the way towards 100% green and secure energy ecosystem
Investments: EUR 3.0–4.0 billion over the 2025–2028 period. 59% of the investments will be directed towards further development of the Green Capacities portfolio and 36% to the electricity distribution network. 3M 2025 results showed strong performance and strategic execution, marked by [...]
Changing bidding zone configurations will delay wind energy deployment
Europe’s transmission system operators have published a much-anticipated Bidding Zone Review. The assessment, coordinated through ENTSO-E, the European Network of Transmission System Operators for Electricity, suggests possible adjustments to Europe’s electricity market structure. It explores 14 alternative bidding zone configurations across [...]
Equinor and Polenergia have FID for the Bałtyk 2 and Bałtyk 3 offshore wind farms
Equinor, an international energy group headquartered in Norway, and Polenergia, the largest Polish private energy group, have made final investment decisions (FID) regarding the Baltic Sea offshore wind farms Bałtyk 2 and 3, commencing their construction phase. As a result, as [...]