CEF Energy supports landmark Bornholm Energy Island interconnector between Denmark and Germany
CINEA has signed a grant agreement worth €645.2 million under the CEF Energy programme to support the Danish side of the Bornholm Energy Island (BEI) Hybrid Offshore Interconnector – one of Europe’s most ambitious and strategic energy infrastructure projects.
The grant signature ceremony took place on 4 September 2025 in Copenhagen, during the Informal meeting of energy ministers, marking a significant step towards a more resilient, interconnected, and sustainable European energy system.
Connecting offshore wind to millions of consumers
Led by Energinet (Denmark) and 50Hertz (Germany), this innovative and visionary project will connect multiple wind farms together via a single offshore energy hub on the Danish island of Bornholm in the Baltic Sea. From there, 3 GW of offshore green electricity will be brought onshore and distributed through Denmark and Germany, helping to power millions of homes and businesses with clean electricity.
To make this possible, CEF Energy is funding the construction of two new converter stations (one on Bornholm and one in Zealand), and the installation of an extensive submarine cable system of around 200 kilometres, complemented by a 17-kilometre onshore connection, between Zealand and Bornholm. This infrastructure will serve as a crucial bridge between offshore generation and consumers, enabling electricity to flow flexibly where it is needed most. This innovative setup supports energy security, price stability, and the integration of renewable energy on a much larger scale than before.
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Originally published on 4 Sep
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Originally published on 25 Mar
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Originally published on 24 Mar
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Originally published on 24 Mar
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Originally published on 21 Mar
INVL Baltic Farmland, a company that invests in agricultural land, announced its operating forecasts for this year along with planned dividends and decisions that are being proposed to the shareholders’ meeting. The company plans to earn a net profit of EUR 460,000 and have consolidated revenue of EUR 890,000 this year. This forecast assumes that during 2025 the value of land holdings will not change, no new agreements on the purchase or sale of land will be signed, and there will be no change in the impairment of trade receivables and no impact of trade receivables on the size of the administration fee.
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Originally published on 21 Mar
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Originally published on 19 Mar
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Originally published on 17 Mar
On Friday, 14 March, the third “Idea Day” conference for teachers and education technology experts took place, bringing together more than 180 teachers and education experts from all over Latvia and offering them a wide-ranging program on the opportunities and challenges of artificial intelligence in education. Teachers had the chance to improve their AI skills in 14 workshops and discussions on methods, solutions, and experiences.
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Originally published on 17 Mar
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Originally published on 17 Mar
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Originally published on 13 Mar