Tag Archives: Baltic Sea

Baltic Power Installs Two 2,500-Tonne Offshore Substations, Marking Major Milestone for Poland’s First Offshore Wind Farm

(IN BRIEF) Baltic Power, a joint venture between ORLEN and Northland Power, has installed two 2,500-tonne offshore substations for Poland’s first offshore wind farm, marking a major milestone in the project’s construction. Fabricated in Gdynia and Gdańsk with significant contributions … Read the full press release

ORLEN Strengthens Poland’s Energy Transition with PLN 3.5 Billion Financing for Baltic Power and Baltic East

(IN BRIEF) ORLEN has secured PLN 3.5 billion in funding from the National Recovery Plan (KPO) through Bank Gospodarstwa Krajowego (BGK) to accelerate offshore wind development in the Baltic Sea. The financing will support both the Baltic Power project—developed in … Read the full press release

Gasum and Viking Line strengthen FuelEU Maritime pooling with bio-LNG powered vessels on the Baltic Sea

(IN BRIEF) Gasum and Viking Line have partnered to expand FuelEU Maritime pooling by running Viking Glory and Viking Grace on bio-LNG, significantly boosting the supply of compliance credits. Operating between Turku and Stockholm, the vessels now use 50% bio-LNG, … Read the full press release

Iberdrola Takes Delivery of XXL Monopiles from Navantia–Windar Facility for Baltic Sea Windanker Project

(IN BRIEF) Iberdrola has received new XXL monopiles for its 315 MW Windanker offshore wind farm in the Baltic Sea, marking the second major supply under its Navantia–Windar Renovables partnership after East Anglia THREE. Built at a €36 million–upgraded facility … Read the full press release

NIB Funds Poland’s Bałtyk Offshore Wind Farms to Accelerate Green Energy and Cut CO2 Emissions

(IN BRIEF) The Nordic Investment Bank (NIB) will provide two 26-year loans worth EUR 126 million to support the construction of Poland’s Bałtyk 2 and Bałtyk 3 offshore wind farms. Jointly developed by Norway’s Equinor Wind Power and Poland’s Polenergia, … Read the full press release

Saab Strengthens Sweden’s Naval Defense with SEK 1.3 Billion Order for Advanced Lightweight Torpedoes

(IN BRIEF) Saab has received a SEK 1.3 billion order from the Swedish Defence Materiel Administration (FMV) to supply Saab Lightweight Torpedoes (SLWT) and torpedo tubes. The deliveries are set to begin in 2026. This order, the second from Sweden … Read the full press release

Eckerö Line Becomes Finland’s First Maritime Operator to Use Neste’s Renewable Diesel

(IN BRIEF) Eckerö Line has become the first Finnish maritime company to use Neste MY Renewable Diesel in commercial operations, helping it meet the 2% emissions reduction target of the 2025 FuelEU Maritime regulation. The renewable diesel, produced from 100% … Read the full press release

Rheinmetall Expands Explosive Ordnance Disposal Capabilities with Acquisition of Stascheit GmbH

(IN BRIEF) Rheinmetall has acquired ammunition detection and disposal firm Stascheit GmbH, making it a wholly owned subsidiary of Rheinmetall Project Solutions GmbH. The move strengthens Rheinmetall’s capabilities in explosive ordnance disposal (EOD) and complements its broader security-focused portfolio. With … Read the full press release

Eurogrid Secures One Billion Euros for Offshore Grid Projects with KfW-Backed Green Financing

(IN BRIEF) Eurogrid GmbH, the parent company of 50Hertz, has secured a one billion euro, ten-year loan agreement with twelve banks as part of a KfW-backed green syndicated financing deal. The loan will fund two offshore grid projects, Ostwind 4 … Read the full press release

Baltic States Achieve Historic Electricity Grid Synchronization with Europe, Boosting Energy Security

(IN BRIEF) Estonia, Latvia, and Lithuania have successfully synchronized their electricity grids with the European Continental European Network, marking a significant step in their energy independence from Russia and Belarus. This achievement, celebrated as “Energy Independence Day,” strengthens the region’s … Read the full press release

Poland Takes Major Step Toward Offshore Wind Leadership with Baltic Power Substations Completion

(IN BRIEF) Poland is advancing its offshore wind energy ambitions with the completion of two key substations for the Baltic Power wind farm, marking the start of commercial-scale offshore wind development in the country. The project is part of a … Read the full press release

50Hertz Pioneers Baltic Sea’s First 2 GW Offshore Grid Connection with GE Vernova and Drydocks World

(IN BRIEF) 50Hertz has partnered with GE Vernova and Drydocks World to deliver the Ostwind 4 offshore grid connection, the first in the Baltic Sea to use 2 GW/525 kV direct current (DC) technology. The project will connect an offshore … Read the full press release

Sweden Boosts NEFCO-Managed BSAP Fund with New Contribution to Protect the Baltic Sea

(IN BRIEF) Sweden has contributed SEK 9 million (approximately EUR 765,500) to the NEFCO-managed Baltic Sea Action Plan (BSAP) Fund, further supporting efforts to tackle environmental challenges in the Baltic Sea. Established by Sweden and Finland in 2010, the BSAP … Read the full press release

RWE and Smålandshamnar AB Join Forces to Boost Offshore Wind Logistics in Baltic Sea

(IN BRIEF) RWE, a prominent offshore wind leader, and Smålandshamnar AB, operator of the Port of Oskarshamn, have inked a Memorandum of Understanding (MoU) to collaborate on logistics operations for future offshore wind farms in the Baltic Sea. This partnership … Read the full press release

Green Electricity Deal: Iberdrola and TMD Friction Services Join Forces

(IN BRIEF) Iberdrola and TMD Friction Services have signed a 15-year contract for the supply of green electricity. Iberdrola will provide approximately 50 GWh of clean energy per year to cover over 50% of TMD’s electricity demand in Germany starting … Read the full press release

Barry Callebaut opens its third factory in Russia

Further strengthening of presence in Russia The factory in Kaliningrad region will be the Group’s third in Russia Opening will further strengthen the presence of Barry Callebaut in the world’s third-largest chocolate confectionery market¹ Factory will be operational in August … Read the full press release

PKN ORLEN holds successful first supply chain meeting for its Baltic Power offshore wind project

(PRESS RELEASE) PŁOCK, Poland, 11-Dec-2020 — /EuropaWire/ — Polish oil refiner and petrol retailer, PKN ORLEN announces that almost 400 people of 273 firms attended its virtual Offshore Wind Supply Chain Meeting 2020. The meeting was the first in a … Read the full press release

Vattenfall successfully installs first foundation on its latest and largest offshore project in Denmark

(PRESS RELEASE) STOCKHOLM, 15-May-2020 — /EuropaWire/ — The first foundation for Vattenfall’s Kriegers Flak Offshore Wind Farm, 15-40 kilometres off the coast of Denmark, has been successfully placed in the sea bed of the Baltic Sea. The installation is well … Read the full press release