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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The coalition parties have agreed that either the state or Elering will support the construction of energy storage capacities. The Ministry of Climate historically believed energy storage would be built on market demand. The Ministry of Education and Research, Kristina Kallas stated, “If we purchase offshore wind energy on a large scale and develop these capabilities, we must also ensure that we have the infrastructure for long duration energy storage.” She emphasised that constructing an offshore wind facility without appropriate energy storage poses a significant risk of energy being exported.
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Originally published on 27 Jan
The Estonian Ministry of Economic Affairs and Communications has announced the launch of a €100 million Defence Fund, established to support the development of innovative defence and security capabilities to meet the growing global demand for new solutions. Managed by national fund manager SmartCap, the fund will provide direct investments to defence companies and funds investing in military and dual-use technologies.
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Originally published on 21 Jan
Doubts have been raised about Energiø Bornholm’s relevance and economy, but the project has never been more important. Besides being a crucial project in the European fight against climate change, the energy island has every opportunity to become a good business for Denmark.
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Originally published on 15 Jan
US healthcare products manufacturer Hollister Incorporated is expanding its Lithuanian operations. This month, the company has officially opened its financial services center, Hollister SSC Lithuania, complementing its manufacturing facility, Hollister Lietuva, located in the Kaunas Free Economic Zone. Building on this growth, the company has announced plans to establish a new product development (NPD) center at its Lithuanian facility later in the year.
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Originally published on 14 Jan
Estonia opened the first Business Hub in U.S. Located at the Embassy of Estonia in Washington, D.C., the Business Hub will serve as a bridge between Estonian companies and the vast business opportunities in the U.S. market. A delegation of Estonian defence industry innovators was present at the opening event, also attending the annual AUSA conference.
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Originally published on 17 Oct