161 results found for 'hornsea 3'

161 results found for 'hornsea 3'
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  • 12 June 2024
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Power-to-X, Project Updates, Storage, Wind Farm Update

    Ørsted has taken a final investment decision (FID) on battery energy storage for its 2.9 GW Hornsea 3 offshore wind farm in the UK, where the developer will use a Tesla system with a capacity of 600 MWh and a power rating of 300 MW. The battery energy storage system (BESS) will be installed in […]

  • 2 May 2024
    Business & Finance, Cables, Contracts & Tenders, Grid Connection, Supply Chain

    Balmoral Comtec, a Balmoral Group company, has been awarded a multi-billion-pound contract for the supply of cable protection systems for Ørsted’s Hornsea 3 offshore wind farm in the UK. The scope of work includes design engineering which will take place at Balmoral Comtec’s Aberdeen facility, supply of 400 cable protection systems, and handling and installation […]

  • 22 August 2024
    Contracts & Tenders, Foundations, Manufacturing, Supply Chain

    Heerema has commenced the construction of offshore substation jackets for the 2.9 GW Hornsea 3 wind farm in the UK, kicking off with a steel-cutting ceremony. On 20 August, the company held the first steel-cutting ceremony for the jackets at Heerema Vlissingen in the Netherlands. Ørsted, the developer of the Hornsea 3 offshore wind project, […]

  • 3 September 2024
    Authorities, Planning & Permitting

    Offshore wind developers have been awarded contracts for approximately 5.3 GW of capacity in the UK’s latest Contract for Difference (CfD) Allocation Round 6 (AR6). Ørsted received the largest CfD for offshore wind, securing 2.4 GW for the Hornsea 4 offshore wind project. The offshore wind farms awarded CfDs are the 288 MW Inch Cape […]

  • 3 September 2024
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Foundations, Supply Chain

    Sif is in exclusive negotiations for a 140-kilotonne monopile foundation project for an offshore wind farm that was awarded a Contract for Difference (CfD) in the UK’s Allocation Round 6 (AR6), the Dutch company informed following the announcement of the AR6 results. “It is expected that a final contract will be reached before the end […]

  • 22 August 2024
    Authorities, Business development, Industry, Market Outlooks, Outlook & Strategy, Planning & Permitting, Research & Development

    On 20 August, Finland’s Ministry of Economic Affairs and Employment published an action plan focused on advancing the offshore wind industry in the country. The plan outlines 17 proposals, emphasizing that the development of offshore wind farms will be driven by market conditions. In October 2023, the Ministry of Economic Affairs and Employment appointed a […]

  • 8 April 2024
    Business & Finance, Contracts & Tenders, Supply Chain, Vessels

    Ørsted and Cadeler have signed a firm long-term lease agreement for an A-class newbuild wind farm installation vessel. With the agreement, Ørsted secures installation vessel capacity from the first quarter of 2027 to the end of 2030 for upcoming construction projects. The signing of the long-term agreement discloses Ørsted as the client in Cadeler’s announcement made […]

  • 19 April 2024
    Authorities, Business & Finance, Planning & Permitting, Project Updates, Wind Farm Update

    The government of Norway has signed a two-way Contract for Difference (CfD) related to the offshore wind farm project in the Sørlige Nordsjø II zone with Ventyr Energi, the winner of the recently held auction. Ventyr Energi, a consortium of Parkwind and Ingka Investments, won the rights to develop the wind farm project at the […]

  • 1 March 2024
    Business & Finance, Business development, Fixed-Bottom

    Ørsted has 6.7 GW of offshore wind under construction in 2024 across several projects worldwide, more than ever before in the company’s history, according to a recent newsletter from the global offshore wind developer. The capacity the company has under construction this year is significantly contributed by the Hornsea 3 offshore wind farm in the […]

  • 27 February 2024
    Business & Finance

    Ørsted’s Group Executive Team will see Trond Westlie and Patrick Harnett joining on 1 April following Ørsted’s Board of Directors appointing Westlie as the next Group Chief Financial Officer (CFO) and member of the Executive Board, and Harnett as the Chief Operational Officer (COO) on 27 February. The appointments follow a decision from November last […]

  • 20 March 2024
    Authorities, Business development, Planning & Permitting, Research & Development

    The Norwegian government has unveiled Ventyr Energi, a consortium of Parkwind and Ingka Investments, as the winner of the Sørlige Nordsjø II (Southern North Sea II) offshore wind auction round in Norway. The winning bid in the auction was NOK 1.15 (EUR 0.099) per kilowatt hour. “This is a milestone in the government’s offshore wind […]

  • 21 February 2024
    Business & Finance, Cables, Grid Connection, Manufacturing, Supply Chain

    Subsea power cable manufacturer NKT has reported a record-high order backlog for high-voltage cables for 2023, with 45 per cent of orders coming from offshore wind. At the end of last year, NKT’s order backlog was at EUR 10.8 billion, more than double the company saw at the end of 2022. In its full-year 2023 […]

  • 25 January 2024
    Cables, Contracts & Tenders, Grid Connection, Supply Chain

    Ørsted and Jan De Nul Group have signed the offshore export cable installation contract for the 2.9 GW Hornsea 3 offshore wind farm in the UK. This is the first offshore HVDC installation contract awarded by Ørsted in the UK, the company said. Belgium-headquartered Jan De Nul Group will be responsible for the seabed preparation, […]

  • 7 February 2024
    Business & Finance

    World’s leading offshore wind developer Ørsted has reported an operating profit (EBITDA) of DKK 18.7 billion (about EUR 2.5 billion) for 2023 and expects this year’s operating profit to be between DKK 23 billion and DKK 26 billion (approximately EUR 3 billion and EUR 3.4 billion). This is according to Ørsted’s 2023 annual results, which […]

  • 21 December 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted has taken the final investment decision (FID) on what the company says is the world’s single largest offshore wind farm, the 2.9 GW Hornsea 3, which is expected to be completed around the end of 2027. In July 2022, Ørsted was awarded a contract for difference (CfD) for Hornsea 3 at an inflation-indexed strike price of […]

  • 21 December 2023
    Contracts & Tenders, Supply Chain, Vessels

    Italy-based Prysmian Group announced today, on 21 December, an investment of approximately EUR 350 million for two new cable-laying vessels (CLV) that the company says will reinforce Prysmian’s submarine project execution capabilities. “The market is tremendously growing, and we are facing an increasing demand for submarine cable systems for interconnections and offshore wind farm projects […]

  • 15 January 2024
    Business & Finance, Industry

    US-based investment company, BlackRock, has agreed to buy compatriot independent infrastructure fund manager, Global Infrastructure Partners (GIP), in a USD 12.5 billion cash and shares deal. Under the deal, the world’s largest asset manager will take over GIP for USD 3 billion in cash and approximately 12 million shares of BlackRock common stock. Founded in […]

  • 31 March 2023
    Contracts & Tenders, Grid Connection, Wind Farm Update

    Ørsted has awarded NKT with a supply contract for the delivery of the high-voltage DC on- and offshore export cable system for the Hornsea 3 wind farm offshore the UK. For NKT, the final order has an estimated contract value of approximately EUR 500 million in market prices. The contract will comprise the design, manufacturing, […]

  • 17 August 2022
    Contracts & Tenders, Grid Connection, Wind Farm Update

    Ørsted has signed a contract with UK-based VolkerFitzpatrick to install onshore cables for the Hornsea 3 offshore wind farm in the UK. Under the contract, which is subject to Ørsted reaching Final Investment Decision (FID) on the project, VolkerFitzpatrick will install 240 kilometres of onshore cables connecting the offshore wind farm from the landfall at […]

  • 14 July 2022
    Contracts & Tenders, Grid Connection, Wind Farm Update

    Ørsted has awarded the Norwegian offshore service company Aibel, in partnership with Hitachi Energy, with an EPCI contract for two platforms for the Hornsea 3 project in the UK sector of the North Sea. Under the contract, Aibel will be responsible for engineering, procurement, construction, and installation in the delivery of two HVDC converter platforms. […]

  • 15 July 2022
    Contracts & Tenders, Wind Farm Update

    Aibel has contracted Heerema Marine Contractors to transport and install two HVDC offshore converter platforms for the Hornsea 3 offshore wind farm in the UK. The work will include transporting and installing two jacket foundations, eight skirt piles, and two topsides. The contract was signed after Ørsted was allocated a Contract for Difference (CfD) by […]

  • 3 July 2023
    Contracts & Tenders, Wind Farm Update

    Prysmian Group has been awarded a contract by Ørsted Wind Power A/S to supply inter-array submarine cables for the 2.9 GW Hornsea 3 offshore wind farm in the UK. Under the contract, subject to Ørsted taking a Final Investment Decision on Hornsea 3, Prysmian Group will be responsible for the design, manufacture, supply, termination, and […]

  • 1 August 2022
    Contracts & Tenders, Vessels, Wind Farm Update

    Denmark-based Cadeler has signed an agreement with its compatriot Ørsted to carry out the installation of turbine foundations at the Hornsea 3 offshore wind farm in the UK. The project will be Cadeler’s first use of its F-class foundation installation vessel that is being built by COSCO Heavy Industries in China. Offshore installation for the […]

  • 24 August 2023
    Contracts & Tenders, Grid Connection

    UK-based AMS Trenchless has been awarded the cable landing works contract on Ørsted’s Hornsea Three offshore wind farm. AMS Trenchless will undertake specialist works at the landfall site at Weybourne, North Norfolk, where the offshore cables meet the onshore cables. Using Horizontal Directional Drilling (HDD), the North Lincolnshire company will install underground cable ducts that […]

  • 17 May 2016
    R&D

    DONG Energy  has awarded Clinton, a Swedish marine survey company, a contract for a geophysical survey at the Hornsea Project Three site, so a more accurate geophysical baseline for the project area can be established. Clinton Marine Survey’s CEO, Martin Wikmar said: “This is the right step in our long term plan and also a high quality mark for our […]

  • 19 July 2023
    Environment

    Ørsted has commissioned three nearshore artificial nesting structures (ANS) designed to house Black-legged kittiwake off the East Suffolk coastline as part of plans to compensate for the potential impacts of the Hornsea 3 offshore wind farm on the species. The structures, fabricated by Suffolk-based Red7Marine and Four Tees Engineering, are located approximately one kilometre offshore, […]