Source link : https://europ.info/2025/10/11/lithuania-scraps-second-offshore-wind-tender-as-only-one-bidder-applies-offshore-engineer-magazine/
Lithuania has officially canceled its second offshore wind tender after attracting only a single bidder, raising questions about the competitiveness and attractiveness of its emerging offshore wind sector. The latest move comes amid broader challenges facing the Baltic nation’s ambitions to expand renewable energy capacity and secure sustainable power sources. Industry observers are closely watching how Lithuania will adjust its strategy to stimulate further investment in the nascent offshore wind market.
Lithuania Halts Second Offshore Wind Tender Due to Lack of Competitive Bids
Lithuania’s ambition to expand its offshore wind capacity encountered a setback as the government decided to call off its second tender after only a single company submitted a bid. The lack of multiple competitive offers has raised concerns about investor appetite and the overall attractiveness of the country’s offshore wind market in the current economic and regulatory climate. The Ministry of…
—-
Author : Isabella Rossi
Publish date : 2025-10-11 20:11:00
Copyright for syndicated content belongs to the linked Source.
—-
1 – 2 – 3 – 4 – 5 – 6 – 7 – 8