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LATEST ARTICLES
Commission approves €193 million Lithuanian scheme to support offshore wind farms
The European Commission has approved a €193 million Lithuanian scheme to support offshore wind farms to foster the transition towards a net-zero economy, in line with the Green Deal Industrial Plan. The scheme was approved under the State aid Temporary Crisis [...]
50Hertz signs contracts with NKT and Prysmian Group for at least 3.500 km of submarine and land cable
50Hertz signed project and framework contracts with two leading European manufacturers of high-performance cables for the production and installation of submarine and land cables covering a total length of 3,500 km, with an option for an additional 2,700 km. The contracts [...]
ORLEN Group with concessions to build five wind farms in the Baltic Sea
ORLEN Group has obtained the final decision of the Minister of Infrastructure to grant five new locations for the construction of offshore wind farms. This opens the way for the preparatory phase of the investment to begin. According to the plans, [...]
NKT secures framework agreement and record order for five power cable projects supporting the German Energiewende
NKT has been awarded a combination of five on- and offshore power cable projects embedded in a long-term framework agreement by the German TSO 50Hertz. With a combined value of approx. EUR 3.5bn, the order is a new company record for [...]
Signing of foundation contracts for Bałtyk II and III OWF postponed until January 2024
Polenergia announced in a press release that the project companies OWF Bałtyk II sp. z o.o. and OWF Bałtyk III sp. z o.o., in which Polenergia and Equinor each hold a 50% stake, signed on September 29, 2023 with SIF Netherlands [...]
Vestas wins 1,140 MW offshore order for V236-15.0 MW wind turbines in Poland
Vestas has secured a 1,140 MW firm order from Baltic Power Sp. z o.o, a joint venture between ORLEN S.A. and Northland Power Inc, for the Baltic Power Offshore Wind Project in Poland. The firm order announcement is in reference to [...]
CEF Energy: two Baltic projects obtain the status to join the CB RES list
The European Commission has announced today that two more projects have obtained the status required to be part of the List of Renewable Energy Cross-border Projects (CB RES list) under the Connecting Europe Facility for Energy (CEF Energy). The list, launched [...]
EBRD to extend a €140 million loan to Baltic Power
The European Bank for Reconstruction and Development (EBRD) is supporting the development of Poland’s renewable energy capacity by extending a €140 million loan to Baltic Power to finance the construction of the country’s first offshore wind farm. The EBRD’s financing is [...]
Poland: InvestEU – EIB supports one of the world’s largest wind farms with €610 million in financing
The project on the Baltic Sea will be developed by Baltic Power, with EIB financing backed by InvestEU. Poland will join Denmark and Germany in harnessing the clean energy potential of Baltic Sea basin. Once finished in 2026, the wind farm [...]
Szczecin Shipyard “Wulkan” will participate in the European supply chain
Szczecin Shipyard "Wulkan" hereby announces its involvement in the construction of the 1000 MW THOR offshore wind farm owned by RWE. Based on a recently signed agreement with Dajin Offshore, the "Wulkan" Shipyard is responsible for the delivery of internal platform [...]
Budimex with contract to build terminal in Swinoujscie
Budimex has signed a contract for the construction of an installation terminal for offshore wind farms. The general contractor will execute the land part of the investment for a sum of more than PLN 118 million. The project is the responsibility [...]
Skyborn receives environmental permit to build 1 GW-Storgrundet Offshore wind farm in Sweden
Skyborn Renewables (Skyborn) has received the environmental permit from the Swedish Land and Environment Court to build the Storgrundet Offshore wind farm, marking an important milestone in realizing the project. The permit allows for a maximum of 51 wind turbines, which, [...]
First two sites were subject to several competing applications for establishing offshore wind farms in Estonia
28 August was the deadline for submitting competing applications for the establishment of offshore wind farms on the Liivi 1 and Liivi 2 sites. Six competing applications were submitted for both sites, with the initial application bringing the total to seven. [...]
Northland Power Announces Signing of Credit Agreement for $5.2 Billion Project Financing at Baltic Power Offshore Wind Project
Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) along with its partner, Orlen S.A. (“Orlen”), today announced that its Baltic Power offshore wind project (“Baltic Power” or the “project”) in Poland has signed a credit agreement to secure an equivalent [...]
Suomen Hyötytuuli starts FEED for turbine foundations in Tahkoluoto offshore wind farm extension project
Suomen Hyötytuuli is developing an extension to Tahkoluoto offshore wind farm on the west coast of Finland. The wind turbines of at least 15 megawatts will be built in deeper waters than ever before in Finland. The company has now launched [...]
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