Posts Tagged ‘energy’
RWE and Aneo sign transaction agreement for the sale of RWE’s Swedish wind activities
RWE and Aneo, a Nordic renewables player, have signed a transaction agreement concerning RWE’s Swedish wind activities. This includes RWE’s onshore wind development pipeline (1.8 gigawatts), its onshore wind farms with a total operational capacity of 124 megawatts, the operational Karehamn offshore wind farm (48 megawatts), part of RWE’s third-party onshore service business, and the relevant development, operations and offshore teams assigned to the transferred projects and assets. Both parties have agreed not to disclose the purchase price. Completion of this transaction is subject to customary approvals and is expected in the first quarter of 2026.
Katja Wünschel, CEO RWE Renewables Europe & Australia: “We are delighted that our Swedish wind business and its project teams will be joining Aneo. As a key player in the Nordic wind sector, Aneo is dedicated to building a robust, long-term portfolio in Sweden, advancing energy projects that meet rising energy demand, create jobs and invest in communities. We are therefore pleased to have found a new home for our impacted employees, and we wish the Swedish team and its projects continued success. RWE’s strategic focus remains on its dynamic markets for attractive large-scale renewables growth.”
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Originally published on 23 Jan
Read MoreEight Baltic Sea electricity TSOs publish offshore system study to promote coordinated sea basin planning
The electricity Transmission System Operators (TSOs) of eight countries bordering the Baltic Sea today published the first comprehensive regional system study for offshore network infrastructure and offshore wind, marking a significant step toward coordinated sea basin planning in Europe.
The TSOs of Denmark, Estonia, Finland, Germany, Latvia, Lithuania, Poland and Sweden – organised in the Baltic Offshore Grid Initiative (BOGI) – developed a study that moves from electricity transmission corridors to potential projects for the 2040-time horizon. The results show that the Baltic Sea region can become a clean energy hub, with around 13 GW of new cross-border interconnectors and up to 50 GW of additional offshore wind identified by 2040. These connections include point-to-point links between countries and strategic offshore nodes such as Bornholm, which could serve as future hybrid hubs. The market modelling indicates that these interconnectors would operate with high utilisation throughout the year and significantly reduce system costs, price peaks and CO₂ emissions.
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Originally published on 22 Jan
Read MoreRegional LNG value chain becomes a reality: Klaipėda LNG reloading station closes 2025 with record results
The Klaipėda liquefied natural gas (LNG) reloading station, operated by international terminal operator KN Energies, closed 2025 with record results. Over the year, the highest number of LNG trucks since the start of the station’s operations was loaded, while a record number of small-scale LNG carriers was handled at the adjacent jetty. December 2025 was also record-breaking, both in terms of loaded LNG trucks and received LNG carriers.
In total, more than 1.8 thousand LNG trucks were loaded at the Klaipėda LNG reloading station in 2025. This accounts for more than one quarter of all LNG trucks loaded since the start of operations in 2017 (nearly 6.4 thousand in total). In December 2025 alone, 277 LNG trucks were handled — more than twice the average monthly volume of the past three years.
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Originally published on 19 Jan
Read MoreSmartCap invests in Taaleri Energia’s infrastructure fund
Ellex in Estonia advised SmartCap Green Fund on its investment into Taaleri SolarWind III, a renewable energy infrastructure fund managed by Taaleri Energia.
SmartCap committed €25 million to accelerate the development and operation of onshore wind, solar and battery energy storage assets across the Baltics, Nordics, Poland and select markets in Europe and the U.S.
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Originally published on 14 Jan
Read MoreBechtel and Westinghouse tap Arabelle Solutions to supply steam turbine and key auxiliary components
Bechtel and Westinghouse Electric Company have chosen Arabelle Solutions to supply three half-speed Arabelle steam turbine and generator sets for the AP1000® nuclear project in Poland. The selection was confirmed by Polskie Elektrownie Jądrowe (PEJ), the Polish state-owned company developing the country’s first nuclear power plant at the Choczewo site in Pomerania.
Arabelle Solutions will provide the steam turbine and generator systems for all three units at the Choczewo nuclear plant, along with the major supporting equipment needed to run the steam cycle. In a nuclear power plant, heat from the reactor turns water into steam, which spins a turbine and generator to produce electricity.
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Originally published on 13 Jan
Read MoreBalticSeaH2 Consortium Marks Key Mid-Term Milestone
On December 3–4, the BalticSeaH2 consortium held its annual all consortia project meeting and General Assembly in an online format. The meeting marked an important milestone as the project approaches its mid-term phase.
During the sessions, consortium members presented completed project tasks and deliverables, as well as reviewed progress on ongoing activities. One of the key takeaways was that the implementation of the BalticSeaH2 project is progressing as planned, with approximately one-third of all deliverables already completed – 41 out of a total of 123.
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Originally published on 12 Jan
Read MoreWhy the Baltic Sea moved to the centre of Europe’s energy map
The Baltic is already making a big contribution to Europe’s energy independence, but most of its potential remains untapped
Read MoreGennaker offshore wind farm obtains construction and operations permit
Skyborn Renewables’ (Skyborn) permit application for its 976.5 MW Gennaker offshore wind farm, located in the German Baltic Sea and with a commissioning target date of 2028, has been approved on 16 December by the State Office for Agriculture and Environment in Stralsund, Western Pomerania.
The permit was handed-over to Skyborn today in Rostock. This achievement enables Skyborn to proceed to an anticipated Final Investment Decision (FID) in summer 2026, with construction planned to take place over a period of two years and commissioning in 2028.
Once operational, the Gennaker offshore wind farm will add up to 976.5 MW to Germany’s total renewable energy capacity and generate annually green electricity of 4TWh, equal to the annual consumption of approximately one million households.
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Originally published on 19 Dec
Read MoreHundreds of millions of euros in tax credits for hydrogen projects in Finland
Tax credits for large-scale clean transition investments have been granted to 37 companies. Large-scale investments aimed at climate neutrality are supported by a substantial program implemented by Business Finland, which consists of two parts: grants and tax credits.
Hundreds of millions of euros in tax credits for hydrogen projects in Finland
The rationale behind the investment support program aimed at a climate-neutral economy is the intensifying competition between countries for investments. The aim of the support is to ensure that key industrial investments are made in Finland.
The objective of the investment support program is to promote and accelerate significant industrial investments that reduce industry’s dependence on fossil fuels and promote, in particular, low-carbon and energy-efficient industrial production processes and the transition to a climate-neutral economy.
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Originally published on 19 Dec
Read MoreEPSO-G Announces Selection of Energy Cells Board Members
The new energy group EPSO-G has announced a selection process for board members of its subsidiary Energy cells. Candidates are invited to submit their applications by January 30, 2026.
Three board members will be selected: an independent board member with expertise in financial management and mergers and acquisitions (M&A), a board member nominated by EPSO-G, responsible for strategic planning and management, and a board member who is a civil servant, responsible for state aid and national security issues.
Energy Cells plays an important role in ensuring the security and resilience of the Lithuanian energy system by providing the system with the necessary isolated working reserve service. In order to consistently implement the strategic goals of the company and the entire EPSO-G group, we seek to attract professionals of the highest competence to the board,” says Mindaugas Keizeris, head of EPSO-G.
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Originally published on 18 Dec
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