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ORLEN on track for 12.8 GW of RES capacity: New strategy for 2035
ORLEN Group, in response to the global energy transition challenges, has announced an ambitious renewable energy target of 12.8 GW of installed capacity by 2035. A key element of this strategy is the development of offshore wind power, with ORLEN Group [...]
Vårgrønn Expands Offshore Wind Portfolio with Acquisition of Baltic 2 Stake
Vårgrønn, a Norway-based offshore wind company, has completed its acquisition of a 27.4% stake in the operational Baltic 2 offshore wind farm, marking a significant milestone in the company’s growth strategy. This move strengthens Vårgrønn's presence in the renewable energy sector [...]
Equinor and Polenergia: 2024 summary and 2025 plans for wind farms in the Baltic Sea
Equinor and Polenergia have presented a summary of their offshore wind farm activities in the Baltic in 2024, and announced details of their plans for 2025. The Bałtyk 2, Bałtyk 3 and Bałtyk 1 projects are entering key implementation phases and [...]
European Commission clears acquisition of EEW Offshore Wind EU by EEW and Sumitomo
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of EEW Offshore Wind EU by EEW Holding, both of Germany, and Sumitomo of Japan. The transaction relates primarily to the manufacturing of large steel tubes [...]
Renewables Finland: onshore wind power is being built without government subsidies
Up to 70 percent of Finland’s more than 8,200 MW wind power capacity has been built on a market-based model without government subsidies. Considering the relatively young age of the sector, the newest projects have long been constructed without any subsidy [...]
NKT awarded two High-Voltage projects
NKT has been awarded two turnkey projects in Germany under the existing multi-year framework agreement with TenneT, a Dutch-German transmission system operator. These projects are part of TenneT's ambitious 2GW Program, which is considered one of the most significant infrastructure initiatives [...]
Lithuania Confirms Stable Power System Despite “EstLink 2” Cable Disruption
Lithuania's Ministry of Energy has assured the public that the disruption of the "EstLink 2" power cable between Estonia and Finland has no impact on the stability of the Lithuanian electricity system. Electricity supply to consumers is fully secured, and there [...]
Iberdrola Germany and SCHWENK Zement Partner in green electricity supply from Baltic Sea offshore wind farm
Iberdrola Germany and SCHWENK Zement GmbH & Co. KG have entered into a long-term cooperation agreement for the supply of green electricity from the Windanker offshore wind farm, currently under construction in the Baltic Sea. The agreement will provide SCHWENK with [...]
European Energy and Novo Holdings announce joint venture to triple renewable energy capacity of German onshore wind parks
A partnership between Novo Holdings and European Energy will repower 17 operational wind parks in Germany with new and more efficient wind turbines. The respective wind parks went operational between 2002 and 2008, and since then, significant advances have been made [...]
OX2 acquires Bursjöliden wind farm in northern Sweden
OX2 has acquired Bursjöliden wind farm from RWE. The project Bursjöliden is located in Örnsköldsvik municipality, in the North of Sweden. The project is planned to be integrated into OX2's portfolio for long-term ownership. The Bursjöliden wind farm is located in [...]
TotalEnergies, European Energy and SONFOR close deal on two Danish offshore wind projects
TotalEnergies acquires a majority stake in the two Danish offshore wind projects Jammerland Bay and Lillebælt South from European Energy and SONFOR. The projects have received construction permits from the Danish Energy Agency, giving the green light for the construction of [...]
First KPO loan for offshore wind farms: PLN 750 million for Polenergia
Bank Gospodarstwa Krajowego and Polenergia S.A. have signed a loan agreement from NRP funds for the construction of offshore wind farms. The financing will amount to PLN 750 million and will be used to build two wind farms with a total [...]
First list of STEP Seals to promote high-quality EU projects in strategic technologies
The Commission has published the first projects that were awarded a Strategic Technologies for Europe Platform (STEP) Seal, a quality label which gives more visibility to promising projects in clean and resource-efficient tech, and deep and digital tech. This label will help [...]
High stakes: the Arctic test of sustainable development
EU researchers are helping policymakers reconcile competing demands in a region full of natural resources, beauty and tradition. By Bárbara Pinho Above the Arctic Circle in Finland’s municipality of Inari, the largest and most sparsely populated region of Finnish Lapland, leading sources [...]
Evaluator: Liivi Bay Offshore Wind Farm Has No Significant Negative Environmental Impact
The Liivi Bay offshore wind farm, developed by Enefit Green, has undergone an environmental impact assessment. The expert group identified that, with the implementation of appropriate mitigation measures, the farm has no significant negative impacts on the natural and human environment [...]