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Report: Sweden Must Step Up in the Competitive Arena of Offshore Wind Investment
A recent report by Svensk Vindenergi, updated from June 2023, offers a crucial lens on the investment climate for offshore wind in Europe, spotlighting significant differences across various markets. With data covering 11 countries around the Baltic and North Seas, this [...]
Statkraft applies for a licence for 2.1 GW offshore wind power near Stockholm
Statkraft has submitted a licence application to the Swedish government for the Baltic Offshore Delta North wind farm with an installed capacity of 2.1 GW. The wind farm is located in Sweden's economic zone, approximately 100 kilometres east of Stockholm and [...]
Litgrid and Svenska kraftnƤt sign a contract to upgrade NordBalt control system
Litgrid and Svenska kraftnƤt, Lithuanian and Swedish transmission system operators, have signed a contract with Hitachi Energy to upgrade the control system of NordBalt HVDC interconnector. During the upgrade, control system logic, which will enhance grid stability of the Baltic countries [...]
Sweden’s 2025 Budget Proposal and Its Impact on Wind Energy
In the recently released 2025 budget proposal, the Swedish government emphasizes the critical role wind energy will play in achieving electrification and climate transition goals. The Swedish Wind Energy Association (Svensk Vindenergi) has welcomed the government's recognition of the importance of [...]
Swedenās Renewable Energy Sector Can Deliver 55 TWh by 2035
In an urgent call to action, the leaders of Sweden's solar, wind, and bioenergy sectors have jointly emphasized the critical role that renewable energy can play in meeting the nationās future electricity needs. According to a recent statement by Daniel Badman, [...]
Swedish Wind Energy Association Challenges Government’s Nuclear Power Focus
The Swedish Wind Energy Association (Svensk Vindenergi) has responded to the government's inquiry into "Financing and risk-sharing for investments in new nuclear power," presented by investigator Mats DillƩn. The association argues that the government should diversify risks instead of focusing solely [...]
Skyborn Renewables plans to build offshore wind farm in Sweden
Skyborn Renewables plans to build an offshore wind farm in the Bothnian Sea, outside Sweden's territorial boundaries, called Eystrasalt Offshore. The permit application for Eystrasalt Offshore was submitted to the government in April 2023, and on July 3, 2024, the County [...]
Wind power expansion continues but no new investment decisions in second quarter
The expansion of wind power continues.Ā However, no new investment decisions were made during the second quarter of 2024, according to the Swedish Wind Energy Association's latest statistics and forecast for wind power expansion. The pace of expansion is slowing slightly compared [...]
Eolus Applies for permission to build the Skidbladner Offshore Wind Power
Eolus is applying to the Swedish Government for permission to build the Skidbladner offshore wind farm, with up to 147 wind turbines located just over 20 kilometers north of Gotska Sandƶn. The estimated electricity production is 11.7 TWh per year, which [...]
New COO of Eolus
Christer Baden Hansen, currently Chief Commercial Officer, has been appointed Chief Operating Officer and Deputy CEO of Eolus from 01 July 2024. Eolus currently has 8 offshore wind projects planned in Sweden and 2 in Finland. Ā Christer Baden Hansen joined [...]
Swedish Government Rejects New Power Cable to Germany
Swedish government announced its decision to reject the proposed 700 megawatts Hansa PowerBridge project, a new subsea power connection between Sweden and Germany. According to Reuters, the rejection was grounded on concerns about the inefficiency of the German electricity market, which [...]
Gas transmission system operators around the Baltic Sea have signed a Memorandum of Understanding to accelerate the development of hydrogen infrastructure
Nine gas transmission system operators (TSOs) in the countries around the Baltic Sea have signed a Memorandum of Understanding (MoU) which aims to coordinate and facilitate hydrogen infrastructure and also to foster hydrogen market development in the Baltic Sea region. The [...]
Ignitis Group plans to double green generation capacity by 2027
Ignitis Group, a multi-utility conglomerate operating in the Baltic region, plans to double its green generation capacity by 2027 and accelerate its investment plans, the company said in a press release. It was reported that according to the updated strategy for [...]
Nordex exceeds 5 GW threshold for installations in the Nordics
With the installation of a N163/5.X turbine at the Kalistanneva wind farm in Finland, the Nordex Group has now exceeded the 5 GW threshold of installed capacity in the Nordic region. A total of 1,234 turbines āMade by Nordexā are currently [...]
Sweden’s Energimyndigheten cannot exclude wind power in the survey of potential energy production
Energimyndigheten has been tasked with mapping areas for fossil-free energy production and distribution. Svensk Vindenergi is critical of the fact that wind power is not mentioned in the agency's mandate. Energimyndigheten has been tasked with mapping areas with potential for fossil-free [...]
OX2 Receives Green Light for Aurora Offshore Wind Farm off the Coast of Sweden
The County Administrative Board of Gotland recommended the Swedish Government to grant a permit for the Aurora offshore wind farm, developed by OX2 and Ingka Investments, according to the Act on Swedenās exclusive economic zone. If the Government approves, the first [...]
RWE and SmĆ„landshamnar AB team up to explore Swedish Port of Oskarshamnās potential to become Baltic Sea offshore wind hub
RWE and SmƄlandshamnar AB, which operates the Swedish Port of Oskarshamn, have signed a Memorandum of Understanding (MoU). The aim of this collaboration is to explore whether the port could be a suitable harbour for the logistics, installation, loading, operations and [...]
BEMIP Offshore Wind priorities for 2024
The BEMIP Offshore Wind Working Group is implementing strategic priorities for 2024 to further advance offshore renewable energy in the Baltic Sea region. With a substantial potential of over 93 GW for offshore wind energy, the focus is on capitalizing on [...]
Deep Wind Offshore applies for 1.5 GW of floating offshore wind in Sweden
Offshore wind developer Deep Wind Offshore has applied to develop and operate a floating offshore wind project outside Stockholm. In the first phase, it will be 1.5 GW. ā The Swedish government has received the first application for a floating offshore [...]
SWEDEN: RPC Secures ā¬555m Financing for 553MW Onshore Wind Portfolio
Renewable Power Capital (RPC) has closed a long-term ā¬555m financing of its 553MW onshore wind portfolio in Sweden. This long-term facility, which is one of the largest in Europe for a greenfield onshore wind portfolio, was provided by a suite of [...]
Swedish offshore wind power plans for final consultation
The Swedish Agency for Marine and Water Management is currently seeking comments on the marine spatial plans before they are sent to the government for a decision. Proposed changes to offshore spatial plans that create conditions for offshore wind energy could [...]
International Day for Biological Diversity:Ā RWE tests artificial reefs at offshore wind farm in the Baltic Sea
RWE is investigating how artificial reefs at offshore wind farms in the Baltic Sea can affect the marine ecosystem and whether they can create an attractive marine habitat, particularly for blue mussels, algae and fish species. In partnership withĀ Linnaeus UniversityĀ and cable [...]
Ćrsted offshore wind farm in SkĆ„ne designated as an energy area
The area where Ćrsted plans to build the SkĆ„ne offshore wind farm (SkĆ„ne Havsvindpark) has been designated as an 'energy area' by the Swedish Agency for Marine and Water Management (LƤnsstyrelsen and SkĆ„ne Regeringen) in the overview version of Sweden's new [...]
Meet Team Norway at Swedish Offshore Wind Forum in Gƶteborg
As the world navigates the transition towards renewable energy sources, collaborative efforts become increasingly vital. Recognizing this, Team Norway, a consortium comprising Innovation Norway, the Royal Norwegian Embassy, Norwegian Energy Partners, and Norwegian Offshore Wind, is gearing up to host an [...]
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 [...]
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