OFFSHORE BUSINESS NEWS
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OFFSHORE BUSINESS NEWS
Fingrid explored preliminary possibilities to connect offshore wind power to main grid
Fingrid has preliminary identified five areas along the west coast where large offshore wind parks could be connected to the mainland Finland’s transmission grid by the 2030s. These connections would require significant investments in the grid. The identified areas are Ulvila, [...]
Preliminary geotechnical campaign for Baltica 1 launched
PGE Baltica has launched a study to identify the Baltic Sea bottom for one of its offshore wind farm projects, Baltica 1. This task is being performed for the investor by Geoquip Marine. The main purpose of a geotechnical campaign in [...]
REPowerEU – EU presents new initiatives to strengthen energy security and accelerate transition to renewables
Today is the second anniversary of REPowerEU, the EU’s energy policy response to Russia’s invasion of Ukraine. REPowerEU has sped up the permitting of wind farms and helped raise the share of wind in Europe’s electricity mix – it’s now 19%. [...]
EQT offers $1.5 billion for renewable energy leader OX2
Private equity giant EQT has made headlines with its recent bid to acquire OX2 AB, a leading renewable energy platform, for a staggering $1.5 billion. The move underscores EQT's strategic focus on the renewable energy sector and its commitment to driving [...]
Baltic Power talks to fishermen of the Polish coast
Baltic Power held talks with representatives of the fishing communities of Ustka, Łeba and Władysławowo, thus starting a series of information meetings on the construction of Poland's first offshore wind farm. Perspectives for the development of offshore wind energy in Poland [...]
EC presents guidance and recommendations to accelerate RES roll-out ahead of REPowerEU anniversary
In the updated Recommendation on speeding up permit-granting procedures and its accompanying guidance adopted yesterday, the Commission highlights ways to improve planning and permitting procedures for renewable energy and related infrastructure projects in the EU. The updated permitting guidance provides examples [...]
Cadeler strengthens position in Polish offshore wind market
Cadeler A/S has secured vessel reservation agreements with both MFW Bałtyk II Sp. z.o.o. and MFW Bałtyk III Sp. z.o.o., each a joint venture project owned 50% by Equinor and 50% by Polenergia, marking the first contract between the parties. The [...]
RWE and Port of Karlshamn: partnership for Baltic Sea wind
RWE and the Swedish Port of Karlshamn have signed a Memorandum of Understanding. The aim of this collaboration is to explore whether Port of Karlshamn could be a suitable harbour for the logistics, installation, operations and maintenance activities relating to RWE’s [...]
First wind turbine installed at Baltic Eagle offshore wind farm
The first of a total of fifty wind turbines has been successfully installed at the 476MW Baltic Eagle offshore wind farm, a joint venture between Iberdrola, a world leading clean energy company, and Abu Dhabi Future Energy Company – Masdar, the [...]
This was a week of Consultations and Rejections in Baltic Sea Offshore Wind [Episode 117]
Episode 117 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, [...]
