“Ready for Offshore” programme to equip Polish companies seeking to enter the offshore wind sector: training, competence development and financing of up to PLN 100 million
In July of this year, electricity generated by an offshore wind farm was supplied to the Polish grid for the first time in history, through the Baltic Power project. This marks the beginning of an ambitious offshore development programme in Poland. In the near future, the Baltic Sea has the potential to become one of the most important regions for the development of new, stable and low-carbon energy sources for the economy. According to Poland’s energy policy objectives, the country plans to achieve 5.9 GW of installed offshore wind capacity by 2030, with this potential increasing to as much as 18 GW by 2040. With planned investments reaching PLN 500 billion by 2040, the sector is expected to become one of the key drivers of the energy transition and a cornerstone of Poland’s energy security.
The “Ready for Offshore” programme responds to the needs of the emerging offshore ecosystem and supply chain, including offshore wind investors, Polish companies seeking participation in contracts, and research and development institutions. The programme was designed following consultations with representatives from various industries. These consultations confirmed that Polish companies are ready to enter the offshore market but require support in developing competencies and gaining access to financing.
The initiative is built on two pillars:
Tailored Financial Instruments – ARP S.A. provides companies interested in joining offshore supply chains with a package of flexible financial products, including: investment loans, including loans backed by the InvestEU guarantee, development loans supporting projects financed through EU grants, leasing solutions. These instruments can be combined flexibly to finance investments required for the execution of offshore contracts. In addition, companies carrying out such projects within special economic zones managed by ARP may benefit from corporate income tax exemptions of up to 70% of the investment value for up to 15 years.
Competencies and Certifications – Based on recommendations developed together with PARP, Polish companies can access subsidised training programmes listed in the Development Services Database (BUR). These programmes cover eight key competencies required for participation in offshore projects, including: supply chain entry strategies, tendering and bidding processes, contracting, health and safety, quality management, delivery execution, innovation, and workforce development.
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Originally published on 15 Sep
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Vilnius has been awarded the top international recognition for its foreign direct investment (FDI) strategy, securing the prestigious Best FDI Strategy Award at MIPIM 2025, one of the world’s largest real estate exhibitions. The Lithuanian capital was honoured in the fDi European Cities and Regions of the Future 2025 rankings for mid-sized cities, an initiative by fDi Intelligence, a division of the Financial Times. This recognition underscores Vilnius’ long-term commitment to attracting global investment, fostering a business-friendly environment, and driving innovation.
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Originally published on 12 Mar
If you are 16-29 and live or are from the Baltic Sea Region, you are invited to run for a top leadership position in the Baltic Sea Region Youth Forum (BSRYF), a platform enabling young individuals to shape their future. Registration for the third election cycle is now open. Young individuals and aspiring young leaders can apply until 6 April 2025, with elections taking place online on 24 April 2025.
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Originally published on 12 Mar
The second Green4HEAT regional working group took place in Salaspils, where representatives of local governments, experts of heat supply companies and energy specialists discussed the development of energy communities in Latvia. The event took place within the framework of the Interreg Europe programme project Green4HEAT, which aims to accelerate the deployment of low-temperature heating solutions by promoting cooperation and knowledge sharing between regions.
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Originally published on 11 Mar
The Tehnopol Film and Multimedia Accelerator, which is part of the IDA Hub film campus being developed in Jõhvi, is looking for new and ambitious teams who want to drive innovation in film production and multimedia work. The news last week that the building contract for the Jõhvi film campus had been signed was very exciting for us and for our partners. The doubters who said that Ida-Virumaa could not be a base for new technology and a major platform for cinematic advances have been shown to be mistaken. Technology develops so fast that a technological approach can achieve a great deal without anyone needing to go anywhere near Hollywood.
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Originally published on 11 Mar
Today, a study was presented regarding the role of green hydrogen in the Norwegian economy and its potential development in Latvia. Currently, Norway produces 10% of Europe’s total green hydrogen, making it the second-largest player in the industry after Germany. Latvia has also begun early-stage hydrogen technology applications in various sectors, including water transport and aviation fuel, which could potentially establish a new economic industry.
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Originally published on 10 Mar
Sunly, in collaboration with Metsagrupp, is developing a 16 MW / 32 MWh battery energy storage system (BESS) next to the 45 MW Raba solar park. The total project cost is €7 million, and it will be built without subsidies. Construction is set to begin this summer, with completion expected in early 2026.
The construction permit for the Raba battery park, located in Pärnumaa, was obtained in January, and work will commence in the coming months. The 16 MW battery can store 32 MWh of electricity over two hours, ensuring that solar energy can be used even when the sun is not shining.
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Originally published on 7 Mar
On 12 March 2025, maritime experts from CBSS Member States will convene online to discuss the priorities and initiatives of the Estonian CBSS Presidency on Green Shipping Corridors and Digital Twins of the Baltic Sea. The meeting is part of ongoing efforts to map current activities on these topics at both national and macro-regional levels in the Baltic Sea Region.
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Originally published on 6 Mar
Lithuania continues to bolster its presence in the international tourism scene, having recently received the prestigious ITB Health Tourism Award 2025. This award, presented by the world’s largest tourism exhibition, ITB Berlin, recognises countries for their achievements in developing health tourism infrastructure, service quality, and international visibility.
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Originally published on 7 Mar
NIB, Luminor Bank and NORD/LB have agreed to co-finance a 148 MWp solar farm in the Ventspils municipality. The project is developed by Stelo Orienta SIA, a subsidiary of European Energy, a Danish renewable energy company.
The overall financing amounts to EUR 68 million. NIB’s EUR 28 million loan is supported by the European Union under NIB’s InvestEU Framework Operation on Clean Energy Transition. This is NIB’s first InvestEU loan in Latvia.
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Originally published on 6 Mar
Akciju Sabiedriba ELKO Grupa (ELKO Group), a region’s leading distributor of IT and consumer electronics products, through its subsidiary Gandalf Distribution AB, has concluded a sales and purchase agreement for the purchase of 78.95 percent of the shares in Renewed AB, a fast-growing Sweden-based electronics recommerce player.
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Originally published on 6 Mar