OFFSHORE BUSINESS NEWS
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OFFSHORE BUSINESS NEWS
This was a week of Advancing the Green Deal in Baltic Sea Offshore Wind [Episode 123]
Episode 123 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, [...]
Polish Ministry of Climate and Environment plans to amend “Offshore Sector Deal”
Both the content of the Sectoral Agreement ("Offshore Sector Deal") and the model of cooperation within the Coordination Council and the working groups should respond to the needs of the sector and be adapted to the current market situation as well [...]
The winner of the auction for Saare 2.1 sea area in Estonia has been revealed
The Consumer Protection and Technical Regulatory Authority (CPTRA) in Estonia announced that the winner of the auction for Saare 2.1 sea area has been revealed. The only bid was submitted by Deep Wind Offshore AS (Norwegian company) in the amount of [...]
First wind turbine installed at Borkum Riffgrund 3, Germany’s largest offshore wind farm
The first wind turbine has successfully been installed at the German offshore wind farm Borkum Riffgrund 3. With an installed capacity of 913 MW, it will be the largest offshore wind farm in Germany once in operation. Borkum Riffgrund 3 is also the first [...]
Significant Cuts in Research Funding Threaten Innovations in Energy Transition Technologies in Germany
In 2024, Germany faces a considerable reduction in federal funding for project research, particularly impacting energy research. The Fraunhofer Group for "Energy Technologies and Climate Protection" warns that a 30% reduction in funding for new projects compared to the previous year [...]
New Bat Protection Guidelines Threaten Wind Energy Projects in Denmark
A recent report by the DCE - National Center for Environment and Energy, commissioned by the Danish Environmental Protection Agency, has sparked significant concern among renewable energy developers. The updated guidelines recommend halting wind turbine operations at wind speeds up to [...]
Skyborn advances Gennaker offshore wind project with turbine supply agreement
Skyborn Renewables (Skyborn) advances the Gennaker offshore wind project with an updated Master Supply Agreement signed today with Siemens Gamesa for the delivery of 63 SG 14-236 DD wind turbines with a power boost of up to 15MW and a rotor [...]
EU Nature restoration law: Council gives final green light
The Council of the EU formally adopted the – first of its kind – regulation on nature restoration on june 17th. This law aims to put measures in place to restore at least 20% of the EU’s land and sea areas [...]
Estonia, Latvia, and Lithuania are celebrating 30 Years of Baltic Cooperation
On June 13, 2024, the Prime Ministers of Estonia, Latvia, and Lithuania released a joint statement commemorating the 30th anniversary of the Baltic Council of Ministers. This milestone highlights three decades of robust cooperation that has not only strengthened the unity [...]
French auction results are not the new benchmark for floating wind in Europe
Last month France published the results of its 250 MW floating offshore wind auction off South Brittany (AO5). The winning bid was awarded at €86/MWh – a record-low for floating offshore wind. But Governments must not think this is a new [...]
