Magnora Data Center ASA acquires 50% stake in joint venture with Sunly to develop up to 400 MW data center in Risti
Magnora Data Center ASA has agreed to acquire a 50% interest in the Risti Kampus data centre project, a joint venture with the Estonian renewable energy group Sunly. It comes with 180 MW of grid capacity available today and a planned expansion to 400 MW.
European renewable-energy group Magnora Data Centre is a spin-off from Magnora ASA, an international conglomerate operating in Norway, Sweden, South Africa, Italy and the United Kingdom. It has listed separately in June 2026.
The company has been on a massive expansion spree, with Estonia now entering its investment orbit. The investor will finance half of a campus built beside the hybrid energy park Sunly is developing at Risti in western Estonia. The park pairs 244 MWp of solar with 144 MW of battery storage and 44 MW of wind, writes Sunly.
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Originally published on 18 Sep
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Within the framework of the international Nordic–Baltic Hydrogen Corridor development project, the unified gas transmission and storage system operator AS Conexus Baltic Grid (“Conexus”) plans to carry out an Environmental Impact Assessment (EIA). If the project is implemented, the hydrogen corridor in Latvia would be developed parallel to the existing natural gas transmission pipeline.
Currently, several alternative options for the development of hydrogen transmission infrastructure are being explored in the Northern European region, including one project that envisages Latvia’s participation and would cross Latvian territory. However, the current research phase represents only one of the initial steps toward the potential implementation of the project. As with other infrastructure projects, this initiative requires both an EIA and other tasks related to technical and economic feasibility studies.
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Originally published on 2 Apr
Saab has received an order from the Swedish Defence Materiel Administration (FMV) for a mobile and modular counter-unmanned aerial system (C-UAS). The system is designed to protect the Swedish Armed Forces as well as civil infrastructure from threats posed by drones. The order value is approximately SEK 2.6 billion and deliveries will take place 2027-2028.
In partnership with the Swedish Armed Forces and FMV, Saab is developing and deploying an advanced C-UAS system that offers proven, adaptable and cost-efficient layered defence against modern drone threats. The system will strengthen and complement Sweden’s current air defence and drone defence posture.
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Originally published on 2 Apr
The immersion pontoon IVY has passed its final tests and is now approved by the Danish Maritime Authority. Therefore, the contractor Femern Link Contractors (FLC) can begin preparing to immerse the first tunnel element into the dredged tunnel trench off Lolland’s coast this spring.
The special vessel IVY is comprised of two distinct units: IVY 1 & 2. Prior to the transportation and immersion of a 217-metre-long standard tunnel element, each end is securely attached to IVY 1 & 2, which provide buoyancy. For the handling of the 39-metre-long special elements, IVY 1 & 2 are joined to form a single vessel, facilitating the immersion process. Together, IVY 1 & 2 are equipped with 23 kilometres of steel wire spread over 66 winches, enabling them to submerge tunnel elements to depths of up to 40 metres with exceptional precision.
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Originally published on 3 Apr
The Future Expert Launchpad (FELP), launched in Oulu, brings together professionals from different fields, companies, and best practices in innovation work. Over the course of eight weeks, participants develop solutions to real business challenges, receive guidance from experts, and discover new directions for their careers. FELP offers an opportunity to step into a creative and energetic environment where ideas grow into concepts.
The Future Expert Launchpad (FELP) kicked off in March in Oulu as a collaboration between BusinessOulu and Demola. This intensive eight‑week program offers current and future innovation professionals from various fields the opportunity to develop new product and service concepts and demos in teams. The goal is to support the employment and skills development of highly educated professionals, international talents, and jobseekers looking for a new direction in their careers.
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Originally published on 1 Apr
The TRIDON Mk2 is a truck-mounted 40 mm anti-aircraft gun system that addresses a gap in today’s air defense. The system has multi-target capability and can engage a wide range of aerial threats, including drones, cruise missiles and aircraft. Additionally, it can target ground threats such as armored vehicles, providing protection and security for both military forces and civil infrastructure.
“We are more committed than ever to providing our customers with protection from ever-evolving aerial threats,” said Lena Gillström, president of BAE Systems Bofors. “The TRIDON Mk2 has been designed for today’s warfare, and we will continue to deliver cutting-edge solutions to put our customers in the best position to meet future challenges.”
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Originally published on 2 Apr
RB Rail AS has announced the launch of a new procurement for Design Expertise Services for the Rail Baltica Energy Subsystem in Latvia and Lithuania (ID No. RBR 2025/14), marking the next step forward in the detailed technical development of the Rail Baltica electrification system.
The procurement is structured into two separate lots, one for Latvia and one for Lithuania, allowing suppliers to submit proposals for one or both countries. Local design expertise companies with relevant experience in Latvia and Lithuania are encouraged to participate.
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Originally published on 2 Apr
Offshore Center Bornholm continues to grow and strengthen its local network. We are pleased to welcome five new member companies, all contributing valuable competencies to the island’s maritime and energy ecosystem.
With these new members, Offshore Center Bornholm further reinforces its position as a strong platform for collaboration across maritime, logistics, construction, and service sectors—supporting the development of large-scale offshore and energy projects around Bornholm.
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Originally published on 1 Apr
From mid-September, DFDS will significantly strengthen freight and passenger services on the Karlshamm-Klaipeda route with the introduction of newly chartered vessel Ciudad de Valencia.
The vessel will almost triple passenger capacity compared to the ship it replaces, while also providing additional freight space. This upgrade will enhance service reliability for customers and support DFDS’s continued growth in the Baltic Sea region.
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Originally published on 2 Apr
How can freedom and security coexist in an increasingly complex world? Join us in Lübeck, Germany, from 2–5 July 2026 for four days of collaboration, creativity, and impact at [#b_hack] – the Baltic Sea Region Hackathon 2026.
This year’s edition invites young people from across the Baltic Sea Region to explore the theme “Free and Secure Societies. Working together in challenging times.” Through innovation and teamwork, participants will tackle real-world challenges and develop ideas that strengthen both individual freedoms and collective security.
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Originally published on 30 Mar
State services are already fully digitalised for citizens in Estonia, but there’s more to improve in the business sector. Enterprise Estonia is rolling out three new grant schemes totalling €10M to help companies automate data exchange — both between businesses and between the private and public sectors.
The initiative sits within Estonia’s broader real-time economy (RTE) agenda, which aims to eliminate manual data handling by ensuring information flows automatically, in standardised formats, to the right parties at the right time. This will enable automated annual reports, real-time payroll submissions, and live inventory management — rather than PDFs and email attachments.
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Originally published on 30 Mar