From pledges to deployment: What NYC Climate Week 2025 revealed
Last week we had the chance to participate in NYC Climate Week 2025, which has rapidly grown into one of the most important international gatherings for clean technologies. With ~100,000 participants, ~1,000 official events, and countless side-meetings, New York now positions itself as the alternative to COP and Davos — but with a sharper, more operational edge.
Here are some key insights:
1. The Conversation is Maturing
This year was less about general “climate” rhetoric and much more about energy systems, AI, resilience, and security. The room was filled with operators and infrastructure players, not spectators. Importantly, even conservative infrastructure investors are openly discussing the investability of cleantech projects. For Estonian companies, this is a strong signal: if you can demonstrate scalability and resilience, capital is ready to listen.
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Originally published on 29 Sep
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Through its 2025 Hydrogen Auction, the European Commission has selected nine flagship projects from its Innovation Fund to proceed to contract negotiations. The Cloudberry project by the Finnish company Vetyalfa Oy is also set to receive funding. The Commission published the results of the auction on May 7, 2026.
The selected projects will receive a total of approximately €1.09 billion in EU funding, of which the Finnish project’s share would be approximately €224 million. This is the largest amount of funding ever granted to Finland from the EU Innovation Fund. The final amount will be confirmed once the approved projects sign a grant agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA).
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Originally published on 7 May
Polskie Elektrownie Jądrowe (PEJ) has received an opinion from the President of the National Atomic Energy Agency (PAA) on the Preliminary Site Evaluation Report (WRL) for the Lubiatowo-Kopalino site. This report – the first of its kind in Poland – provides a preliminary assessment of the selected site in terms of nuclear safety and radiation protection and determines whether the site is suitable for a nuclear power facility.
“The opinion on the site selection issued by the President of the National Atomic Energy Agency marks another very important step in the process of building Poland’s first nuclear power plant. The opinion confirms that the site of the future power plant allows for the assurance of nuclear safety and radiation protection, and that there are no factors on the site that would prevent construction and operation of the NPP. The largest project in the history of the Polish energy sector will materialize soon. Nuclear will be one of the cornerstones of energy transition and the strength of our economy,” says Miłosz Motyka, Minister of Energy.
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Originally published on 8 May
Over the course of the year, three international investors have been attracted while working on the European Union co-financed project “Creation of Port and Logistics Infrastructure for the Development of Wind Technology Production at Kundziņsala” at the Port of Riga. The companies plan to make significant investments in the offshore and onshore wind technology production facilities, their components, and related industries to be developed in the Kundziņsala area, creating more than 2,000 new jobs in the future. In March of this year, the Freeport of Riga Authority signed investment agreements with two of the investors attracted tin the framework of the project – UAB Eurostat 5 and Solidior Power Ltd.
Public funding for the project “Creation of Port and Logistics Infrastructure for the Development of Wind Technology Production at Kundziņsala” consists of co-financing from the European Regional Development Fund, the Freeport of Riga Authority, and the state, totaling 86 million euros, which is allocated for infrastructure development. Meanwhile, the three investors involved have committed to investing more than 700 million euros in the construction of production facilities in several phases by 2034.
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Originally published on 7 May
Rising gracefully from a maze of islands and skerries, Turku has become one of the Baltic Sea’s most appealing cruise destinations. Smooth port operations, from efficient disembarkation to clear passenger guidance, create ideal conditions for an unforgettable city visit. From the modern quay and terminal area, a short and straightforward route leads directly into the city centre, framed by the scenic Aura River, leafy parks and vibrant cultural quarters.
Turku Cathedral, the city’s museums and the medieval Turku Castle reflect a long and layered history. At the same time, the city’s strong culinary scene and the calm rhythm of a university town are felt in small yet lively everyday details, making the heart of Turku welcoming and easy to explore even during a short port call.
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Originally published on 7 May
After a multi-day operation, the first of a total of 89 concrete elements for the Fehmarnbelt tunnel is now in place on the seabed. The historic event began late on Monday evening, 4 May 2026. Five tugboats and the special immersion vessel IVY transported the tunnel element from the tunnel factory at Rødbyhavn on the Danish island of Lolland to the immersion point off the Danish coast.
Around noon on Wednesday, the immersion itself began. Approximately 14 hours later, the dedicated position in the Fehmarnbelt had been reached, and the first tunnel element had been positioned precisely in the tunnel trench in front of the Danish tunnel portal. Subsequently, the element was connected to the portal using hydraulic arms. The position was then finally confirmed by precise laser measurements inside the immersed tunnel element. Later in the day, IVY will then be released from the element.
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Originally published on 7 May
Tallinn will host the 17th Annual Forum of the EU Strategy for the Baltic Sea Region on 11–13 May at Tallinn Creative Hub, bringing together over 500 experts and decision-makers from across the region to discuss security, economy and future in a rapidly changing world. Tallinn is hosting the Annual Forum for the third time, having previously done so in 2010 and 2018.
The Forum takes place at a time when the region faces geopolitical, climate and demographic pressures that demand more strategic cooperation than before. This year’s central theme is resilience.
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Originally published on 5 May
The Investment and Development Agency of Latvia (LIAA) is organizing a trade mission for Latvian businesses to Sweden on May 11, 2026, led by Minister of Economics Viktors Valainis. Representatives from 76 Latvian companies have confirmed their participation in the visit, demonstrating strong interest in expanding cooperation in one of Latvia’s most important export and investment markets.
The central event of the trade mission will be the Latvia–Sweden Business Forum in Stockholm, which will be attended by representatives of the governments, business communities, and investment sectors of both countries. On the Swedish side, Sweden’s Minister for Foreign Trade Benjamin Dousa and the head of Business Sweden, the Swedish international trade promotion organization, Jan Larsson , underscoring the event’s high significance and political and economic weight.
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Originally published on 6 May
The investments include investments to essential energy infrastructure across the three Baltic countries, including expansion of existing district heating systems, building a renewable heat production facilities, and investments in Battery Energy Storage Systems (BESS).
These investments will strengthen the energy infrastructure, increase system flexibility, and contribute to the diversification of the regional energy mix, strengthening the three Baltic countries’ energy resilience.
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Originally published on 5 May
The marine environment surveys are an integral part of the process of preparing an offshore wind farm for the construction phase and, at a later stage, its operation in accordance with the developed environmental standards. In the area of the planned Baltic West wind farm, which comprises four licenses, comprehensive survey works are performed by the Polish company MEWO, using specialized survey vessels and an aircraft.
The range of activities carried out includes both surveys of the elements of inanimate nature and extensive monitoring of living organisms. The works are performed in the Baltic West area, another offshore wind farm being developed by ORLEN Neptun as part of phase II of offshore wind energy development. The project, with a planned capacity of about 4.1 GW, will enable the future supply of clean electricity to more than 5 million households in Poland.
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Originally published on 6 May
The Estonian applied research center and national metrology institute Metrosert is establishing a nearly €7 million drone technology laboratory in Tallinn. The lab will focus on testing the radar visibility of devices and systems, as well as their resilience to electromagnetic interference.
The electromagnetic compatibility and radar cross-section (EMC/RCS) laboratory will be built as part of Metrosert’s new drone technologies testing centre in Haabersti, scheduled to become operational in spring 2027.
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Originally published on 5 May