DEME secures foundation and cable installation contracts for BC-Wind offshore wind farm in Poland
DEME has been awarded three contracts for the installation of monopile foundations, inter-array cables, and the export cable at the BC-Wind offshore wind farm in Poland. These new contracts position DEME as a key contributor to Poland’s renewable energy build-out, supporting the country’s energy transition.
BC-Wind, developed by international offshore wind company Ocean Winds, a 50-50 joint venture between EDP Renewables and ENGIE, is located approximately 23 km off the Polish Baltic Sea coast. With a planned capacity of up to 390 MW, the wind farm will generate clean electricity for around 500,000 households per year.
DEME will deploy its offshore installation vessel Orion to install 27 monopile foundations: 26 monopiles for the wind turbines and 1 foundation for the offshore substation (OSS). Equipped with a motion-compensated pile gripper, a 5,000-ton crane and advanced ballasting systems, Orion is designed to handle the largest foundations with precision and efficiency, even in challenging conditions.
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Originally published on 10 Dec
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According to preliminary data from the United Nations Conference on Trade and Development (UNCTAD), global foreign direct investment (FDI) increased by a total of 14% in 2025, to approximately USD 1.6 trillion globally. Growth is driven particularly by data center projects, which already account for more than a fifth of all greenfield investments globally. However, without data centers, the real growth rate would be only about 5%, which still indicates a challenging investment climate. In addition to data centers, the semiconductor industry was almost the only one with global growth. Investments related to semiconductors increased by 35% internationally.
In Finland, the volume of investments increased sharply after three years of decline. According to the monitoring of Invest in Finland, which operates as part of Business Finland, 527 investment projects of foreign companies were located in Finland in 2025, which is 160 more than in the previous year. Investment projects include new foreign companies established in Finland and further investments made by foreign-owned companies already operating in Finland. Foreign currency statistics for Finland will be obtained from Statistics Finland in September 2026.
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Originally published on 14 Apr
The European Investment Bank (EIB) is lending €100 million to Finnish pharmaceutical company Orion Pharma to develop new treatments for cancer, pain and other serious conditions with few treatment options.
The financing will support Orion Pharma’s research and development activities across its European centres, covering personnel costs, clinical trials, patenting and investments in specialised laboratory equipment. By reinforcing Orion Pharma’s long-term R&D capacity, the EIB is helping strengthen Europe’s competitiveness in advanced biopharmaceutical innovation.
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Originally published on 15 Apr
Nordic energy company Gasum and shipping company Wasaline have extended their agreement for bio-LNG supply to continue through 2027. This agreement continues to strengthen the companies’ long-standing partnership.
It also underlines both companies’ commitment to developing cleaner maritime transport. Wasaline runs a carbon neutral shipping corridor between Finland and Sweden, as the company’s vessel Aurora Botnia uses batteries and biogas to operate the route. Gasum supplies the vessel with bio-LNG.
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Originally published on 13 Apr
Estonian-founded startup Handhold has closed a €3M seed round to scale its AI-powered platform that automates the entire inbound customer journey — from first website visit through to renewal.
The round was led by Entourage Capital, with participation from Inovia Capital and e2vc. The broader ecosystem also chiped in: notable angels include Bolt founder Markus Villig, former Twilio CTO Ott Kaukver, Wise CTO Harsh Sinha, and Verif founder Janer Gorohhov.
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Originally published on 13 Apr
Estonia’s AI Leap Foundation is inviting international education professionals and partners to Tallinn on May 28–29, 2026, for a two-day study visit introducing Estonia’s national AI education program. The AI Leap International Study Visit is designed for education leaders, ministry representatives, and partners interested in how AI is being integrated into general education at a national level.
Over the two days, participants will take part in school visits, hands-on sessions, and policy discussions, gaining direct insight into how AI tools are used in classrooms and how Estonia’s AI Leap program is implemented in practice. The event is designed as a small-group experience focused on meaningful exchange and collaboration among international peers, rather than a traditional conference.
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Originally published on 13 Apr
A group of very enthusiasticstudents from Roskilde University are currently working on different projects around green transition and local development on Bornholm.
The students have presented their preliminary results from their fieldwork to representatives from the local community, many of whom they have interviewed during a stay on the island.
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Originally published on 14 Apr
By the end of 2025, the EU area already had nearly 8.5 million all-electric vehicles in total—including passenger cars, vans, trucks, and buses. The total capacity of these batteries is hundreds of gigawatt hours. This volume corresponds to 1.5 hours of all electricity consumption in the whole of Europe.
A large portion of the battery capacity would still be usable even when the vehicles reach the end of their lifespan. Lithium-ion batteries of end-of-life vehicles would have significant capacity remaining for stationary Battery Energy Storage Systems (BESS).
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Originally published on 14 Apr
The Estonian Centre for Defence Investments (ECDI) and US defence company Lockheed Martin have signed a contract for the procurement of three additional HIMARS multiple rocket systems. The agreement also includes an investment of approximately USD 11 million into Estonia’s defence industry.
“Additional HIMARS systems will ensure the deep-strike capability required by the Estonian Defence Forces and NATO, significantly strengthening both our national defence capability and deterrence. Expanding cooperation with Lockheed Martin will also directly support the development of Estonia’s defence industry,” said Minister of Defence Hanno Pevkur.
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Originally published on 11 Apr
On 1 April 2026, a Memorandum of Understanding (MoU) on the promotion of long-term investment in Latvia’s transport and logistics sector was signed at the Ministry of Economics. The memorandum was signed by Minister of Economics Viktors Valainis, Director General of the Investment and Development Agency of Latvia (LIAA) Ieva Jāgere, and Povilas Drižas, Secretary General of the International Transport and Logistics Alliance (Tarptautinio transporto ir logistikos aljansas – TTLA). The objective of the memorandum is to facilitate the expansion of Lithuanian transport and logistics companies in Latvia, strengthening regional cooperation and developing a competitive transport and logistics ecosystem in the Baltics.
The International Transport and Logistics Alliance (TTLA), founded in 2019, unites 25 of Lithuania’s largest transport and logistics companies and represents a significant share of the international road freight market. The organization works to enhance the sector’s competitiveness and represent business interests at both national and international levels. TTLA members are international hauliers operating in European and Asian markets, forming a vital link in the Baltic region’s logistics chains.
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Originally published on 8 Apr
As cruise and other maritime operators face growing pressure to cut emissions, modernize vessels, and upgrade port infrastructure, Estonia is bringing a practical maritime transition approach to Seatrade Cruise Global 2026. The Northern European country presents a connected ecosystem spanning €25 million state-backed retrofit support, port electrification, digital systems, and companies across the whole maritime value chain.
Across shipping, the green transition is increasingly being shaped by implementation. Decarbonization is no longer only about newbuilds, but also about how existing vessels can be modernized in a practical way – improving efficiency, upgrading passenger areas, and preparing ships for new fuels within real refit windows and operational limits.
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Originally published on 10 Apr