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First “Green Loan” worth 600 million euros to co-finance an offshore grid connection in the Baltic Sea
Eurogrid GmbH, the parent company of 50Hertz Transmission GmbH, has concluded a syndicated contract for an amortisation loan of 600 million euros with a term of ten years with seven banks. The funds for this first "Green Loan" are provided by [...]
Global trends are driving the maritime sector. The Invest in Pomerania report “Focus on Maritime Sector”
Green propulsion, autonomous ships, digitization, and VR technologies – these are only some of the topics covered in the Invest in Pomerania report, where current technological trends have been correlated with local maritime industry situation. Like most sectors of the economy, [...]
Successful Installation of 24 Turbines of Arcadis Ost 1 Offshore Wind Farm
Parkwind successfully finishes the current installation campaign of the Arcadis Ost 1 wind farm. The wind farm, which started its foundation installation in early summer of 2022, has been delivering green energy to the German grid since mid-January 2023. After a [...]
Ilmatar Offshore and Ramboll Finland expand cooperation in new offshore wind area
Ilmatar Offshore has been granted a seabed survey permit for the new 1.2 GW offshore wind project area Vågskär in the Finnish Exclusive Economic Zone (EEZ). Ramboll Finland is contracted for the environmental impact assessment, and studies are underway. Ilmatar Offshore [...]
The Sunnanvind project presented Åland’s potential for large-scale offshore wind power
The government of Åland’s project Sunnanvind participated in the Vaasa Energy Week 2023 exhibition to present the significant potential for large-scale offshore wind power in the territorial waters of Åland. The project team also informed branch actors about the opportunity to get consent from [...]
This week in Baltic Offshore Wind in 5 minutes – Episode 59
Episode 59 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, [...]
Offshore needs people who want to change the world for the better
It is already necessary to think not only about engineers needed in the construction phase of offshore wind farms, but also about technicians who will take care of their servicing in the operational phase - emphasised representatives of Equinor and Polenergia [...]
20. WINDFORCE Conference: Ramp up cross-industrial supply chains
2023 is a decisive year for the offshore wind industry in Germany and across Europe. More than twice the amount of offshore wind power already installed has been put out to tender this year. According to the realisation agreement of the [...]
Europe invested €17bn in new wind in 2022, the lowest since 2009
Europe invested just €17bn in new wind farms in 2022. That’s down from €41bn in 2021 and the lowest investment figure since 2009 - a stark warning to Governments and policymakers. The EU wants to accelerate the build-out of wind energy [...]
Working Lunch “Offshore Wind International Cooperation in the Baltic Sea”, Brussels 27th March, 2023.
It is important to accelerate the development of offshore wind across the European Union, while ensuring enhanced manufacturing potential of EU-based components. Overcoming the current supply crunch linked to ambitious climate targets, as well as the skills and permitting hurdles, will [...]