487 results found for 'hornsea two '

487 results found for 'hornsea two '
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  • Ørsted Doubles Offshore Wind Earnings in 2023

    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 […]

  • Ørsted Contracts Jan De Nul for Hornsea 3 Export Cable Installation

    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, […]

  • Ørsted Has 6.7 GW of Offshore Wind Under Construction

    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 […]

  • Cadeler Orders Huisman Monopile Gripper

    1 February 2024
    Business & Finance, Contracts & Tenders, Equipment, Supply Chain, Vessels

    Huisman has signed a contract with Cadeler for the design and production of a monopile gripper. Production of the monopile gripper will take place at Huisman’s production facility in China. The monopile gripper, having a 13-metre diameter, is engineered for the efficient and controlled installation of monopiles ranging from 80 to 120 metres in length, […]

  • Offshore Wind Accounts for 45 Pct of NKT’s High-Voltage Order Backlog

    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 […]

  • Contract Signed for Norway’s First Commercial Offshore Wind Farm

    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 […]

  • BREAKING: Parkwind Consortium Wins Norway’s First Offshore Wind Tender

    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 […]

  • Ørsted Greenlights 2.9 GW Hornsea 3 Offshore Wind Farm

    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 […]

  • Prysmian to Add Two More Vessels to Its CLV Fleet

    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 […]

  • IWS Seals WTIV Management Deal with Havfram Wind

    23 November 2023
    Collaboration, Contracts & Tenders, Outlook & Strategy, Supply Chain, Vessels

    Havfram Wind has entered into a strategic cooperation with Integrated Wind Solutions (IWS), through their wholly-owned subsidiaries, IWS Fleet AS and IWS Fleet Management. The collaboration involves IWS providing technical management services to Havfram Wind’s two offshore wind turbine installation vessels (WTIVs) with scheduled delivery in 2025. These WTIVs are designed to install turbines exceeding […]

  • Octopus Energy Buys Stake in 660 MW Wind Farm Offshore UK

    27 November 2023
    Business & Finance, Project Updates, Wind Farm Update

    Octopus Energy’s generation arm has taken a 12.5 per cent stake in the 660 MW Walney Extension offshore wind farm located in England. Octopus Energy bought the stake in Walney Extension from AIP Management, the investment manager for Danish pension fund PKA and PFA. The wind farm features 87 wind turbines, each taller than the […]

  • Ørsted Takes EUR 4 Billion Impairment Hit

    1 November 2023
    Business & Finance

    Due to adverse impacts relating to supply chain delays, increased interest rates, and the lack of an Offshore Wind Renewable Energy Credit (OREC) on Sunrise Wind, Ørsted has recognised impairment losses of DKK 28.4 billion (about EUR 3.8 billion) in the first nine months of 2023. The majority of impairment losses, DKK 19.9 billion, relate […]

  • UK Investor Takes Stake in Hornsea Two Transmission Assets

    28 September 2023
    Business & Finance

    London-based international investor and manager, John Laing Group, has acquired a stake in the transmission assets for the 1.3 GW Hornsea Two offshore wind farm in the UK, as part of a portfolio acquisition from HICL Infrastructure. John Laing Group has agreed to acquire HICL Infrastructure’s entire equity interest in four UK public-private partnership projects, […]

  • Parkwind Consortium Submits Application for Norwegian Offshore Wind Project

    15 November 2023
    Authorities, Collaboration, Outlook & Strategy, Planning & Permitting

    The Ventyr Energy consortium has submitted the application to prequalify for the development of an offshore wind project in the Sørlige Nordsjø II (Southern North Sea II) area in the Norwegian North Sea. In addition, Ventyr unveiled that Ingka Investments is to join the consortium. The Ventyr Energy consortium was first established as a partnership […]

  • Hornsea Two Connected to Land

    26 August 2020
    Grid Connection

    Cable pull-in for the Hornsea Two offshore wind farm’s export line has been completed at the project’s landfall site at Lincolnshire’s Horseshoe Point beach. The operation, carried out by Boskalis’ cable laying vessel Ndurance, involved installing 2.4 kilometres of cable under water and toward the connection point. “Thanks to the dedication of our contracted staff, […]

  • 100 Foundations in at Hornsea Two

    5 July 2021
    Wind Farm Update

    DEME Offshore has installed the 100th monopile foundation at the 165-turbine Hornsea Two wind farm offshore the UK. DEME installed the first foundation at the site some 89 kilometres north-east of Grimsby in early October 2020. The monopile foundations are being loaded at and transported from the Buss Terminal Eemshaven in the Netherlands and installed at the […]

  • Palfinger Cranes for Hornsea Two

    29 March 2021
    Wind Farm Update

    Sembcorp Marine has contracted Palfinger to provide cranes for the offshore substation and the reactive compensation station to be installed at Ørsted’s 1.4 GW Hornsea Two wind farm offshore the UK. Palfinger will equip the offshore substation with one telescopic crane (DKT400), two davit cranes (PF17000), and the reactive compensation station with one stiff-boom crane […]

  • Ørsted Awards Hornsea Three Cable Landing Contract

    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 […]

  • Hornsea Two Transmission Assets Change Hands

    21 July 2023
    Contracts & Tenders, Wind Farm Update

    Breesea, Soundmark Wind, and Sonningmay Wind, a joint venture owned by Ørsted (50 per cent) and AXA IM Alts and Crédit Agricole Assurances (CAA) (jointly 50 per cent), have signed an agreement to sell their offshore transmission assets (OFTO) of Hornsea Two offshore wind farm to Diamond Transmission Partners Hornsea Two Limited (DTP). The transmission […]

  • Jumbo to Transport Hornsea Two Foundations

    3 March 2020
    Contracts & Tenders, Wind Farm Update

    Jumbo Shipping has secured a contract with DEME Offshore for the transport of foundations for the Hornsea Two offshore wind project. Jumbo will transport 165 monopiles from Rostock, Germany, and 135 transition pieces from Aalborg, Denmark, to Eemshaven, the Netherlands, with a K3000 class vessel. Additionally, the company will undertake the project management for the […]

  • FairWind Joins Bladt on Hornsea Two

    16 April 2020
    Contracts & Tenders, Wind Farm Update

    FairWind has a won a contract by Bladt Industries to install the electrical scope on 135 transition pieces for the Hornsea Two offshore wind project in the UK. FairWind’s scope of work is full electrical installation, including light study design of cable support system, as well as installing all components and free issued items from […]

  • Bladt Scores Hornsea Two Contract

    3 June 2019
    Contracts & Tenders

    Ørsted has contracted Bladt Industries to produce 135 transition pieces for the Hornsea Project Two offshore wind farm in the UK. The fabrication of the transition pieces is planned to begin this year at Bladt’s site in Aalborg, Denmark, with delivery expected to take place from mid-2020 to mid-2021. “We are proud that Ørsted have trusted Bladt Industries as […]

  • Tekmar Wins Hornsea Two Contract

    2 August 2019
    Contracts & Tenders, Wind Farm Update

    Tekmar Energy has signed a contract with Ørsted to provide Cable Protection Systems for the 1.4GW Hornsea Two offshore wind farm. Tekmar will provide their patented Tekmar Cable Protection System (CPS) TekLink® Mechanical Latch for the wind farm, which when constructed will become the world’s largest offshore wind farm. The contract is valued in excess […]

  • Hornsea Two Offshore Construction Begins

    2 October 2020
    Wind Farm Update

    The jacket foundation for the offshore substation at the Hornsea Two offshore wind project in the UK has been installed. The installation of the 4,800-tonne jacket marks the start of the project’s offshore construction. Six weeks ago, 10,000 tonnes of steel framework for the pin piles, reactor compensation and offshore substation jackets sailed from Batam, Indonesia, towards […]

  • First Foundation In Place at Hornsea Two

    9 October 2020
    Wind Farm Update

    The first out of the total of 165 monopile foundations has been installed at the Hornsea Two offshore wind farm site in the UK, according to social media updates from Ørsted. The milestone comes around a week after the jacket foundation for the wind farm’s offshore substation was installed. DEME’s jack-up vessel Innovation has been […]

  • DEME Wins Hornsea Two Jackpot

    17 May 2019
    Contracts & Tenders, Wind Farm Update

    DEME Offshore has won contracts to transport and install foundations and wind turbines on Ørsted’s 1.4GW Hornsea Two offshore wind farm in the UK. The Hornsea Two offshore wind farm is located approximately 89 kilometres off the Yorkshire coast and will comprise 165  Siemens Gamesa 8.4MW wind turbines installed on monopile foundations. DEME Offshore will transport […]