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  • DONG Energy Stays Strong in Q1. Reaffirms 2015 Outlook.

    28 April 2015

    DONG Energy today issued its interim financial report for Q1 2015, saying that the outlook announced in the 2014 annual report is reaffirmed.  The company’s EBITDA was DKK 6.0 billion (around EUR 804 million) in Q1 2015, compared with DKK 6.3 billion (EUR 844 million) in Q1 2014. DONG Energy said that the decline was in line with the outlook announced in […]

  • Dong Closes Onshore Activities to Focus on Offshore

    23 December 2014
    Business & Finance

    DONG Energy has today agreed to divest its shareholding in the Swedish onshore wind farm Storrun and Thursday last week the company divested its shareholding in the Norwegian onshore development company Zephyr. This marks the divestment of DONG Energy’s last onshore wind activities. As regards the 30MW onshore wind farm Storrun in Sweden, which has […]

  • Octopus Energy to Pour Billions in Offshore Wind Globally by 2030

    24 July 2023
    Business & Finance

    UK green energy supplier Octopus Energy Group has announced that it will invest, through its generation arm, USD 20 billion (about GBP 15 billion) into offshore wind by 2030. The company said that this will go towards the generation of 12 GW of renewable electricity a year, enough to power 10 million homes. Octopus is targeting projects […]

  • DONG Has Offshore Wind in Its Sails

    29 October 2015
    Business & Finance

    DONG Energy’s earnings were 14% higher in the first nine months of 2015, compared with the same period last year, the company reported today in its interim financial report for 9M 2015. DONG said earnings (EBITDA) were up by 14% in the first nine months from DKK 13.0 billion (approx. EUR 1.7 billion) in 2014 to DKK 14.8 billion (approx. […]

  • Ørsted and POSCO Form Offshore Wind and Hydrogen Pact in Korea

    27 May 2021
    Business & Finance, Technology, Wind Farm Update

    Ørsted and POSCO Group, one of the largest conglomerates in Korea, have signed a Memorandum of Understanding (MoU) to strengthen collaboration on offshore wind and renewable hydrogen in Korea. POSCO and its affiliates will apply the group’s joint capabilities to support the development of Ørsted’s 1.6 GW offshore wind projects off the coast of Incheon […]

  • UK Government Awards FID Contracts to Five Offshore Wind Projects

    23 April 2014
    Authorities, Business & Finance

    The UK Government today awarded five offshore wind projects with Financial Investment Decision (FID) enabling contracts. The Government today unveiled eight major renewable electricity projects, which are awarded under the Final Investment Decision (FID) Enabling for Renewables process, allocating the first Contracts for Difference (CfDs) that are being introduced through the Electricity Market Reform programme. […]

  • Aibel and Hitachi Energy to Deliver Hornsea 3 Converter Platforms

    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. […]

  • Take a 360° Tour of World’s Largest Offshore Wind Farm in Operation

    5 July 2023
    Wind Farm Update

    Located some 89 kilometres off the Yorkshire Coast, the UK, the 1.3 GW Hornsea Two comprises 165 Siemens Gamesa 8 MW wind turbines and is currently the world’s largest fully commissioned offshore wind farm. Developed by Ørsted, the wind farm has been in full operation since August 2022. Take the virtual reality tour to experience […]

  • Ørsted’s Net Profit Up 186 Per Cent in H1 2021

    12 August 2021
    Business & Finance

    World’s leading offshore wind developer Ørsted recorded a DKK 7.142 billion (EUR 960 million) net profit in the first half of 2021, a 186 per cent increase compared to DKK 2.493 billion net profit recorded in the first half of 2020. The company’s operating profit (EBITDA) for the first half year amounted to DKK 13.1 […]

  • UK: REF Responds to DECC on Offshore Wind Farms’ Costs

    6 February 2013
    Authorities

    Renewable Energy Foundation (REF) has responded to the Department of Energy & Climate Change (DECC) by writing a letter to Rt Hon Ed Davey, Secretary of State for Energy & Climate Change, after the news published a few days ago, where DECC was quoted as saying that REF’s figures regarding the future subsidy income for the […]

  • A Win for Coexistence in North Sea | BP and Ørsted Reach Agreement on Offshore Wind-CCS Project Overlap Area

    26 June 2023
    Wind Farm Update

    Ørsted and BP have reached an agreement on the previously disputed overlap area between the Hornsea Four offshore wind farm and the Endurance carbon storage site, developed by the Northern Endurance Partnership (NEP) that gathers BP, Equinor and TotalEnergies. Quick overview: Ørsted submitted an application for the development consent order (DCO) for the 2.6 GW […]

  • Latvian, Estonian Cross-Border Offshore Wind Project Receives EU Funding

    13 July 2023
    Authorities, Business & Finance, Business development, Research & Development

    The European Climate, Infrastructure and Environment Executive Agency (CINEA) has approved a EUR 18.7 million co-funding for ELWIND, a 1 GW Latvia-Estonia cross-border offshore wind project. The co-funding is said to enable research to determine the environmental impact of the Latvian-Estonian ELWIND offshore wind farm sites and to plan the transmission network cross-border connections and […]

  • CIP, COP Propose to Build Multi-Billion-Dollar Wind Project Offshore Bangladesh

    14 July 2023
    Business development, Research & Development

    Copenhagen Infrastructure Partners (CIP) and Copenhagen Offshore Partners (COP) have submitted an investment proposal to the Government of Bangladesh to develop a commercial, utility-scale offshore wind project valued at USD 1.3 billion off the coast of the Bay of Bengal. Once implemented, the project, with an initial capacity of 500 MW, will be the first […]

  • Lightning Strike Caused Hornsea One Production Cut – Report

    20 August 2019
    Authorities, Grid Connection

    The reduction in the energy supply from the Hornsea One offshore wind farm on 9 August was caused by a lightning strike, an initial report from National Grid Electricity System Operator (NGESO) has revealed. Following the lighting strike, Hornsea One immediately de-loaded from 799MW to 62MW, the report said. The wind farm lost modules 2 […]

  • Portugal Zooms In on Three Offshore Wind Areas with 3.5 GW Capacity for Upcoming Auction

    14 July 2023
    Authorities, Fixed-Bottom, Floating Wind

    An inter-ministerial working group on offshore wind set up by the Portuguese government as part of the process of organising the country’s first offshore wind tender has narrowed down the initially identified areas to three that would be offered for development later this year. As reported at the beginning of this year, the working group […]

  • TRIG, Equitix Acquire Stake in Hornsea One

    18 March 2022
    Contracts & Tenders, Wind Farm Update

    The Renewables Infrastructure Group (TRIG) and Equitix have partnered to acquire a minority stake in the 1.2 GW Hornsea One offshore wind farm in the UK from Global Infrastructure Partners (GIP). The acquisition was backed by investment manager InfraRed Capital Partners Ltd (InfraRed) and operations manager Renewable Energy Systems (RES). The transaction is expected to […]

  • Nexans to Supply Hornsea Project One Inter-Array Cables

    14 December 2016
    Wind Farm Update

    DONG Energy has contracted Nexans to supply and terminate a total of 139km of a three-phase subsea cable for the first of three construction phases of the Hornsea Project One wind farm.  The 34kV cables of latest generation will be used for inter-linking a total of 58 wind turbines and connecting them to the offshore transformer […]

  • UPDATED: Irish Government Designates 900 MW Area for Next Offshore Wind Auction, Work on Tender Design Underway

    14 July 2023
    Authorities

    NOTE: The original article “Irish Government Designates 700 MW Area for Next Offshore Wind Auction, Work on Tender Design Underway”, published on the 14th of July, has been updated following information from the Irish Department of the Environment, Climate and Communications (DECC) that the grid capacity available for auction in ORESS 2.1 has been upgraded from […]

  • Ørsted to Sell Half of Hornsea Two This Year, Omicron Causing Slight Delay in Full Commissioning

    2 February 2022
    Business & Finance, Wind Farm Update

    Ørsted will sell 50 per cent of its Hornsea Two offshore wind farm in the UK and expects to close the 1.3 GW project farm-down this year, the company said in its 2021 annual results. Putting the project in full operation will be slightly delayed due to the impact of the Omicron variant of SARS-CoV-2 on […]

  • Ørsted Books Wind Innovation for Hornsea Two

    5 February 2021
    Vessels

    C-bed has signed a contract with Ørsted for the deployment of its Service Operation Vessel (SOV) Wind Innovation on the Hornsea Two offshore wind farm in the UK. The vessel, which has also been hired for Ørsted’s Hornsea One offshore wind farm and is currently in full operation there, will start working at the Hornsea […]

  • DONG Reaches FID for World’s Biggest Offshore Wind Farm

    11 September 2017
    Business & Finance, Wind Farm Update

    DONG Energy has taken a Final Investment Decision for its Hornsea Project Two, following the UK government’s allocation of the Contracts for Difference (CfD) and the offshore wind giant winning a CfD for what will become the world’s biggest wind farm.

  • Ørsted Applies for Hornsea Four Development Consent

    19 October 2021
    Wind Farm Update

    Ørsted has submitted a Development Consent Order (DCO) application for its Hornsea Four offshore wind project to the UK Planning Inspectorate. The developer informed on 14 October that it had filed the DCO application on 29 September, after completing pre-application consultation. Ørsted started introducing early-stage proposals for the Hornsea Four offshore wind farm at local […]

  • Fugro to Investigate Hornsea Three and Four Offshore Wind Sites

    17 February 2022
    Contracts & Tenders, Operations & Maintenance, Wind Farm Update

    Fugro has won a contract by Ørsted to carry out geotechnical site investigations at the Hornsea Three and Hornsea Four offshore wind projects in the UK. The site investigations will include downhole cone penetration testing (CPT), seismic cone penetration testing (SCPT), downhole sampling and high-quality rock coring, as well as borehole geophysical logging. Fugro will mobilize multiple […]

  • Ørsted Installs 1,000th Wind Turbine Offshore UK, Surpasses 5 GW Mark

    23 June 2021

    World’s leading offshore wind developer Ørsted has installed its 1,000th offshore wind turbine in UK waters. The company’s 1,000th turbine was a Siemens Gamesa 8.4 MW unit installed at the 1,386 MW Hornsea Two offshore wind farm, the 16th wind turbine to be erected at the wind farm. Ørsted currently has 12 operational offshore wind […]

  • World’s Largest Offshore Wind Farm Goes into Operation

    31 August 2022
    Wind Farm Update

    Ørsted has fully commissioned its 1.3 GW Hornsea Two project in the UK, which has now become the world’s largest wind farm in operation, taking over that title from its sibling project, the 1.2 GW Hornsea One. The 1.3 GW offshore wind farm, located 89 kilometres off the Yorkshire Coast, alongside Hornsea One, comprises 165 […]

  • Ørsted in Hornsea One Farm-Down Talks

    20 February 2018
    Business & Finance, Wind Farm Update

    Ørsted has entered exclusive discussions regarding a 50% farm-down of the 1.2GW Hornsea Project One offshore wind farm.