OFFSHORE POLITICS/POLICY NEWS
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NKT supplies adaptive power cable joints to Energinet
NKT has delivered the first order for its new Adaptive Rigid Sea Joint to the Danish transmission system operator (TSO) Energinet. The innovative power cable joint allows Energinet to optimize inventory and minimize waste as the joint can be adapted for [...]
Equinor and Polenergia with agreements to design foundations for Bałtyk II and Bałtyk III offshore wind farms
Equinor and Polenergia have signed final agreements for the design of foundations for the Bałtyk II and Bałtyk III projects being developed by the two companies in the Baltic Sea. The development of design documentation for the locations of the two [...]
This week in Baltic Offshore Wind in 5 minutes – Episode 110
Episode 110 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, [...]
Ventspils Explores Offshore Wind Opportunities at WindEurope 2024
Representatives from the Freeport of Ventspils Authority made their inaugural appearance at the WindEurope 2024 exhibition and conference in Bilbao, Spain, indicating Latvia's foray into the European wind energy discourse. Led by Igors Udodovs, Deputy CEO of the Freeport of Ventspils, [...]
KfW Capital and Ignitis Group join World Fund to invest €300M in climate founders
World Fund, a Europe-focused climate venture capital fund, announced that it has raised a further €50+ million from institutional LPs. New investors joining the venture include KfW Capital as well as Ignitis Group. Ignitis Group, committed to enhancing its net-zero strategy, [...]
Euroports and Port of Hanko Sign Letter of Intent for Wind Hub at Koverhar Harbour
Euroports Group and Port of Hanko Ltd have signed a Letter of Intent (LOI) to establish a Unique Wind Hub at the Port of Hanko port area in Koverhar. This initiative positions the Harbour, situated in the southernmost part of Finland, [...]
EcoVadis, WindEurope and leading wind industry organisations launch ‘Wind Energy Initiative’
Today, EcoVadis, WindEurope and five leading wind energy industry organisations - ENGIE, Hitachi Energy, Siemens Gamesa, Statkraft and Vestas – announce the launch of the ‘Wind Energy Initiative’. The Initiative aims to accelerate the uptake of sustainable practices by fostering strong [...]
WindEurope: Rebound in wind energy financing in 2023 shows that the right policies attract investors
Investments in wind energy in Europe more than doubled in 2023 compared to 2022, driven by record financing of offshore wind projects. An easing of inflationary pressures, greater certainty in electricity markets, and improved tariff indexation by Governments created a more [...]
“Van Oord” signs a contract for construction of an offshore wind farm support base and an oversized cargo terminal in the Port of Liepaja
In order to promote the development of the offshore wind energy industry in the Baltic Sea, one of the leading companies in the industry - Van Oord Dredging and Marine Contractors B.V. (Van Oord) plans to create a world-class offshore wind [...]
Swedish Wind Energy Association explores risk distribution contracts for new electricity production
Sweden is on the cusp of a significant surge in demand for fossil-free electricity, yet uncertainties in the investment landscape loom large. Currently, Sweden lacks mechanisms to distribute risks for large-scale electricity production investments. To address this gap, Svensk Vindenergi commissioned [...]
