Search results for: Ørsted

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A list of search results

13 February 2019 R&D, Technology

Ørsted has developed a novel digital solution for designing the cable layout of offshore wind farms said to result in cost reductions. The OptiArray tool, developed using the FICO Xpress Optimizer, is dedicated for designing the cable layout connecting the turbines to the substations. The company added that the tool has helped in achieving savings while reducing the overall design time. […]

8 February 2019 Business & Finance

Ørsted has divested 50% of the Revolution Wind and South Fork offshore wind projects and two lease areas off the coast of New England, U.S., to Eversource. According to Ørsted, the divestment of 50% of the offshore wind assets took place at a purchase price of approximately USD 225 million. Revolution Wind is set to deliver […]

31 January 2019 Authorities, Wind Farm Update

Taiwan’s Bureau of Energy has granted Ørsted the establishment permit for the 900MW Changhua 1 and 2a offshore wind project. In the coming weeks, Ørsted will work with the Taiwanese authorities and local stakeholders to reach other outstanding key project milestones, such as completing the supply chain plan and signing the power purchase agreement (PPA), […]

30 January 2019 Authorities, Contracts & Tenders, Wind Farm Update

The 900MW Changhua 1 and 2a offshore wind projects will move forward, Ørsted said in response to the announced 6% Feed-in-Tariff reduction, but the final investment decision depends on the outcome of supply contract renegotiations and relevant project milestones being achieved in time to keep the projects on track for commissioning in 2021. Developers who sign their […]

30 January 2019 Business & Finance

Ørsted has reported a record operating profit of DKK 30 billion (some EUR 4 billion) in 2018, which is 33% more than the year before. The news comes as the company’s Board of Directors approved the all-time-high EBITDA today, on 30 January, as part of the approval process for the annual report for 2018. Ørsted […]

23 January 2019 Wind Farm Update

Fugro will commence geophysical surveys at the Ocean Wind project offshore New Jersey this month, according to the project’s Notice to Mariners. Fugro’s 170-foot research vessel R/V Enterprise will carry out the investigations off the Atlantic and Cape May counties within the Northern section of the Ocean Wind lease area. The estimated duration of the works […]

22 January 2019 Business & Finance, Contracts & Tenders

Manufacturer of plastic and clay pipes Wavin UK has contracted Ørsted to supply natural gas and renewable energy for its sites as part of a commitment to achieve more sustainable operations. Ørsted will provide the renewable electricity from its 11 operational wind farms in the UK to Wavin’s sites at Hazelhead, Chippenham, Forest Works and Doncaster. The Danish […]

22 January 2019 Environment

Ørsted is the most sustainable energy company in the world and the fourth most sustainable company overall in Corporate Knights’ 2019 index of the Global 100 Most Sustainable Corporations in the World. Toronto-based Corporate Knights analysed more than 7,500 companies, mainly from the industrials, financial IT, consumer and health care sectors, against their global industry […]

21 January 2019 Business & Finance, Contracts & Tenders

Ørsted has suspended the execution of contracts with Taiwan Cogeneration Corporation, China Steel Corporation (CSC) and Century Iron and Steel Industrial (CISI) for the developer’s offshore wind projects in Taiwan, Taiwanese media reports. OffshoreWIND.biz has contacted Ørsted to confirm this, with the company yet to respond. The suspended contracts were already ongoing, while for those that […]

18 January 2019 Business & Finance

Ørsted is holding a series of community information events about the onshore cable route for the Hornsea Project Two offshore wind project in the UK. According to the Danish company, the aim of the events is that local people in North East Lincolnshire and East Lindsey find our more about the onshore cabling works for the […]

18 January 2019 Business & Finance, Wind Farm Update

Japan’s largest power company Tokyo Electric Power Company Holdings, Inc. (TEPCO) and Ørsted have signed a memorandum of understanding to work jointly on offshore wind projects. TEPCO and Ørsted will work jointly on the Choshi offshore wind project near Tokyo, for which TEPCO has been carrying out a seabed survey to examine its feasibility, and […]

18 January 2019 Business & Finance

Ørsted U.S. Offshore Wind has entered into a partnership agreement with Responsible Offshore Development Alliance (RODA) to improve communication between the commercial fishing industry and offshore wind developers. The aim of this first-of-its-kind partnership is to create an unprecedented opportunity for commercial fishermen to provide direct input to the wind energy industry on matters of significant interest […]

10 January 2019 Authorities, Wind Farm Update

Ørsted’s subsidiary Optimus Wind Limited has applied to the UK Marine Management Organisation for a marine license to undertake offshore unexploded ordnance (UXO) inspection and clearance works for the Hornsea Project Two offshore wind farm. In preparation for offshore construction which is due to commence in 2020, there is a requirement to carry out inspections and, […]

8 January 2019 Contracts & Tenders, Operations & Maintenance

Ørsted has awarded SMC with a framework agreement to provide statutory inspection and auxiliary services to their sites across the United Kingdom. The contract will run for an initial 2-year period, with extension options available for a further 2-years, based on performance. Ørsted’s portfolio includes eleven operational offshore wind farms in the United Kingdom, with […]

7 January 2019 Contracts & Tenders, Technology

Ørsted has issued a tender looking for a company to deliver an offshore management system dedicated to its offshore wind farms. Ørsted plans to sign a global framework agreement for the system, which will enable it to coordinate, monitor and supervise offshore activities across multiple wind farms and make logistics data available for further analysis. The […]

3 January 2019 Authorities, Business & Finance, Contracts & Tenders, Wind Farm Update

Ørsted will pause and revisit its project activities, the project timelines, and local commitments in Taiwan after not receiving an establishment permit in time to sign a 2018 power purchase agreement (PPA) with Taipower for the Changhua 1 and 2a projects.

31 December 2018 Business & Finance, Contracts & Tenders

Ørsted has submitted a bid to the New Jersey Board of Public Utilities (NJBPU) for the construction of its Ocean Wind offshore wind project in response to the state’s request for proposals.

24 December 2018 Grid Connection

Ørsted’s first standalone battery energy storage system, Carnegie Road, is now operational. The 20MW battery, located in Liverpool, UK consists of three battery containers, as well as the associated power conversion system, all supplied by NEC Energy Solutions. “Climate change is a real and pressing threat to our planet and, in order to minimise its […]

21 December 2018 Business & Finance

Ørsted has awarded ten local organizations around Liverpool Bay, the UK, with grants from the seventh round of the Burbo Bank Extension Community Fund.

20 December 2018 Contracts & Tenders, Operations & Maintenance

Ørsted has signed a contract with the NHV Group for the provision of helicopter services on the Borssele I & II project, starting from May 2020. 

14 December 2018 Environment

Ørsted has taken a concrete step towards protecting marine flora and fauna at its offshore wind farm sites with its offshore wind biodiversity policy, announced on 13 December. 

13 December 2018 Business & Finance

Ørsted has appointed the Bank of Taiwan, Cathay United Bank and BNP Paribas as lead arrangers for financing the Greater Changhua offshore wind projects in Taiwan.

13 December 2018 Contracts & Tenders, Technology, Vessels

Ørsted has awarded BMO Offshore with a contract extension for the supply of vessel motion monitoring systems onboard its crew transfer vessels (CTVs).

13 December 2018 Operations & Maintenance, Ports & Logistics, Wind Farm Update

Ørsted has started building the operations and maintenance (O&M) base for the Borssele 1+2 offshore wind farm in Vlissingen-Buitenhaven at the North Sea Port, the Netherlands.

5 December 2018 Contracts & Tenders, Wind Farm Update

Bladt Industries has secured a contract to build additional 24 transition pieces for Ørsted’s Borssele 1 and 2 offshore wind farm in the Dutch North Sea.

3 December 2018 Authorities, Business & Finance, Contracts & Tenders, Jobs & Recruitment, Wind Farm Update

The proposed reduction in 2019 Feed-in-Tariffs (FiTs) for offshore wind in Taiwan could potentially have a negative impact on Ørsted’s localisation plans and the final investment decision for the company’s first offshore projects in the country, a spokesperson for Ørsted told Offshore WIND.