OFFSHORE BUSINESS NEWS
TOP OFFSHORE BUSINESS NEWS
OFFSHORE BUSINESS NEWS
Share of electricity from renewables falls in early 2025
In the first quarter of 2025, 42.5% of net electricity generated in the EU came from renewable energy sources. Compared with the first quarter of 2024, this represents a 4.3 percentage points (pp) decrease (from 46.8%). The significant increase in electricity [...]
Global Wind Energy Council appoints Michael Hannibal as new Chair
18 June, London | The Global Wind Energy Council have appointed Michael Hannibal as new chair following a board meeting in London. Hannibal, who is a Partner at Copenhagen Infrastructure Partners and Chief Commercial Officer at Stiesdal Offshore, will take over [...]
New Energy Union Task Force to reinforce pan-European energy cooperation
In the margins of Transport, Telecommunication and Energy Council, the European Commission and the Polish Presidency of the Council have launched the Energy Union Task Force. Comprising high-level representatives from the European Commission and Member States, the Task Force is aimed [...]
Ignitis will supply Litgrid electricity for 7 years for a fixed price
An energy solutions company Ignitis and the Lithuanian electricity distribution system operator Litgrid signed a power purchase agreement (PPA) worth EUR 82.3 million (excluding VAT). The agreement was concluded on 19 June and will take effect starting from January 2026. Under [...]
Conference “BALTIC – SEE WHAT’S GOING ON” in Szczecin: Security, Connectivity, and Economic Resilience in the Baltic Sea Region
Szczecin will host the conference “BALTIC – SEE WHAT'S GOING ON Exploring Security, Connectivity and Economic Resilience in the Baltic Sea Region,” which will take place on June 30, 2025, at 10:00 a.m. in the conference room of the Marshal's Office [...]
Estonia advances offshore wind ambitions with Saare 1 project
Estonia's Consumer Protection and Technical Regulatory Authority (CPTRA) has officially initiated superficies licence proceedings and an environmental impact assessment for the Saare 1 offshore wind farm, marking a significant step forward for the nation's renewable energy goals. This development follows French [...]
Wind energy industry meets in Bremerhaven for the 24th WINDFORCE Conference
Industry needs reliability, long-term political framework conditions, and planning security. Bremerhaven, June 18, 2025 – The 24th WINDFORCE Conference is taking place in Bremerhaven from June 16 to 18. The motto of this year's conference is “Securing the European energy and [...]
Total Energies gains further offshore wind area in the German North Sea
Berlin, June 16, 2025. The Federal Network Agency (Bundesnetzagentur) auctioned the offshore wind site N-9.4 in the German North Sea. Total Energies was awarded the contract. The company prevailed over another bidder in a dynamic auction process. The final payment offer [...]
Signing of a Cooperation Agreement for the Development of the Offshore Industry Based on the Shipbuilding and Economic Potential of Pomerania
Pomeranian Offshore Offensive Gains Momentum – Agreement Signed for Construction of WTIV Fleet! On June 16, 2025, during the National Energy Summit in Gdańsk, a strategic cooperation agreement was signed to support the development of the offshore industry. The signatories are [...]
Lithuania Establishes Working Group to Accelerate Offshore Wind Energy Development
Lithuania has established a dedicated working group to oversee the strategic development and implementation of its offshore wind energy goals. The group, chaired by Gabriel Gorbačevskis, Energy Adviser to the Prime Minister, underscores the nation’s commitment to harnessing the vast potential [...]
