2244 results found for 'Ørsted'

2244 results found for 'Ørsted'
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  • Global Maritime Finishes MWS for Ørsted’s Greater Changhua 1 and 2a in Taiwan

    10 April 2024
    Operations & Maintenance

    In February 2024, Global Maritime completed its task of providing marine warranty services (MWS) for the installation of 111 wind turbines on Ørsted’s Greater Changhua 1 and 2a offshore wind farms in Taiwan. Ørsted awarded the MWS contract to Global Maritime Singapore in March 2021. The Greater Changhua 1 and 2a offshore wind project is […]

  • Ørsted Sells Half of Changhua 4 Offshore Wind Farm to Taiwan’s Insurance Company

    11 December 2024
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted has sold a 50 per cent ownership share in the Greater Changhua 4 offshore wind farm to Taiwanese insurance company Cathay Life Insurance, and its affiliate Cathay Wind Power Holdings, for approximately DKK 11.6 billion (around EUR 1.55 billion). The 583 MW Greater Changhua 4 is part of the 920 MW offshore wind project […]

  • Ørsted Anticipates Impairments of up to EUR 2.15 Billion on US Portfolio

    30 August 2023
    Business & Finance, Business development, Fixed-Bottom, Industry, Infrastructure, Market Outlooks, Outlook & Strategy

    The world’s leading offshore wind developer, Ørsted, could book impairments of DKK 16 billion (EUR 2.15 billion) on its US portfolio due to adverse impacts relating to the supply chain, lack of favorable progress in Investment Tax Credit (ITC) guidance, and increased interest rates. The Ocean Wind 1, Sunrise Wind, and Revolution Wind projects are […]

  • Maryland’s First Offshore Wind Staging Center Starts Taking Shape

    18 March 2021
    Jobs & Recruitment, Operations & Maintenance, Ports & Logistics

    Leading offshore wind developer Ørsted and Tradepoint Atlantic have completed the initial phase of Maryland’s first offshore wind staging center at the 3,300-acre global logistics center in Baltimore County. Ørsted has now completed USD 13.2 million in port infrastructure upgrades, establishing both a lift-on/lift-off and roll-on/roll-off berth within Tradepoint Atlantic’s port facility for handling offshore […]

  • Ørsted and Eversource Pick Nexans Cables for US Offshore Wind Farms

    3 December 2019
    Contracts & Tenders

    Cable manufacturer Nexans, Eversource, and Ørsted have signed a framework agreement for North American offshore wind development. Under the agreement, Nexans secured an opportunity to provide up to 1,000 kilometres of export cables for several of Ørsted’s in the United States. The first delivery is expected by 2022 and the agreement extends until 2027. “Our […]

  • Ørsted Selects Skipjack Staging Spot

    24 July 2019
    Ports & Logistics

    Ørsted U.S. Offshore Wind has signed an agreement to develop Maryland’s first offshore wind energy staging center at Tradepoint Atlantic, a 3,300-acre global logistics center in Baltimore County, Maryland. The staging center will be used during the development of the Skipjack offshore wind farm located 19.5 miles off Maryland’s coast. “Together with Tradepoint Atlantic, we are […]

  • Ørsted Becomes Sole Owner of 924 MW Sunrise Wind in US for USD 152 Million

    10 July 2024
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted and Eversource have finalized the transaction for Eversource’s share in the Sunrise Wind offshore wind project, initially announced in January. Ørsted has acquired its former partner’s stake for USD 78 million (approximately EUR 72 million) less than the originally agreed price earlier this year. In the agreement signed in January, the two companies agreed […]

  • Ørsted Recruiting 23 Offshore Wind Turbine Technicians

    13 August 2020
    Jobs & Recruitment

    Ørsted has launched a recruitment campaign that will see the offshore wind developer employing 23 wind turbine technicians. The new employees will work out of the East Coast Hub in Grimsby on Ørsted’s offshore wind farms, including Hornsea Project Two. “Over half of Ørsted’s Grimsby based employees work as wind turbine technicians and are located […]

  • Ørsted Signs Armed Forces Covenant

    4 March 2019
    Jobs & Recruitment

    Leading offshore wind developer Ørsted has signed the Armed Forces Covenant which highlights the offshore wind as a “forces-friendly” industry. As a forces-friendly company, Ørsted will seek to support the employment of veterans by working alongside the Career Transition Partnership (CTP) in order to establish a tailored employment pathway for service leavers. The company will […]

  • 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 […]

  • Ørsted and EEW Plan Monopile Factory in New Jersey

    8 July 2019
    Contracts & Tenders

    Ørsted has signed a Memorandum of Understanding (MoU) with EEW to work towards establishing a monopile fabrication facility in Paulsboro, New Jersey, for the Ocean Wind project. According to the project documents, the foundation manufacture facility may longer term expand its scope of activities as the Atlantic coast offshore wind industry grows. Ørsted also signed […]

  • Ørsted Probing Swedish Offshore Wind Sites

    3 February 2021
    Wind Farm Update

    Leading offshore wind developer Ørsted plans to start a consultation process on the Skåne offshore wind project in Sweden this spring. The project is in an early development phase and the consultation is part of the permitting procedure, Ørsted said. The wind farm covers an area of around 450 square kilometres located some 22 kilometres […]

  • First Asia-Pacific Offshore Wind SOV Enters Service

    17 May 2022
    Ports & Logistics, Vessels, Wind Farm Update

    Ørsted and Ta San Shang Marine Co. Ltd. have held a christening and naming ceremony at the Port of Taichung for TSS Pioneer, the first-ever purpose-built service operation vessel (SOV) in the Asia-Pacific region. TSS Pioneer will be deployed on Ørsted’s 900 MW Greater Changhua 1 & 2a wind farms offshore Taiwan in the operations […]

  • Ørsted’s Ex Wind CEO Finds New Gig

    25 April 2019
    Business & Finance, Jobs & Recruitment

    Macquarie’s Green Investment Group (GIG) has appointed Ørsted Wind Power’s former CEO Samuel Leupold as Chairman of Wind Energy. In this newly created position, Leupold will support the development and implementation of GIG’s global strategy for offshore and onshore wind. According to GIG, the new chairman will also support the expansion of the organization’s global footprint […]

  • Ørsted Opens US Innovation Hub

    4 March 2020
    Business & Finance

    Offshore wind major Ørsted has opened a United States Innovation Hub in Providence, Rhode Island as part of its commitment to building an offshore wind industry supply chain in the US. With its seven work stations at Providence’s CIC workspace, the Innovation Hub will serve as the physical location for the Hub team as they […]

  • Ørsted to Put Its First Green Hydrogen Project Into Operation in Next Six Months

    2 February 2022
    Wind Farm Update

    Ørsted’s first green hydrogen project, the 2 MW H2RES offshore wind-to-hydrogen demonstrator in Denmark, is expected to go into operation in the first half of 2022, the company said in its 2021 annual report. H2RES, which will produce renewable hydrogen for road transport, is being built on Ørsted’s premises on Avedøre Holme in Copenhagen and […]

  • Taiwan: Ørsted on Local Supplier Hiring Spree

    28 August 2018
    Business & Finance, Contracts & Tenders

    Ørsted has signed contracts with 30 local suppliers for its Greater Changhua projects’ first 900MW and expects to award another ten more major contracts within the next two months for the construction phase, including onshore substation, foundations, turbines, and offshore cable installation.

  • Taiwan’s First Offshore Substations Stand

    9 November 2021
    Grid Connection, Wind Farm Update

    Heerema Marine Contractors’ heavy-lift vessel Aegir has installed the two substation topsides at Ørsted’s 900 MW Greater Changhua 1 and 2a wind farms offshore Taiwan. Manufactured in Singapore by Keppel Offshore & Marine Ltd, the two topsides are the first-ever to be installed in Taiwan’s waters. ”Installation for our Greater Changhua 1&2a project goes on. […]

  • Ørsted to Bid for Floating Wind Farms Off Scotland

    8 July 2021
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Ørsted, Falck Renewables, and BlueFloat Energy have established a consortium to jointly apply for seabed leases in sites suitable for building large-scale floating wind farms in Scotland’s upcoming ScotWind leasing round. The news comes less than a month after Ørsted revealed its strategic decision to pursue floating wind opportunities as part of its entering into […]

  • Ørsted Secures EIA Approvals for Taiwanese Offshore Wind Projects

    9 February 2018
    Authorities, Business & Finance, Environment, Wind Farm Update

    Construction of the first of the four projects could potentially start as early as 2019, Ørsted said.

  • Ørsted and Esvagt Investing in ‘World’s First’ Green Fuel Service Operation Vessel

    8 April 2022
    Operations & Maintenance, Ports & Logistics, Technology, Vessels

    Ørsted and Esvagt have decided to invest in what the companies describe as the world’s first service operation vessel (SOV) that can operate on green fuels. The SOV will be powered by batteries and dual-fuel engines, capable of sailing on renewable e-methanol, produced from wind energy and biogenic carbon, which will lead to a yearly […]

  • Ørsted Trials Turning Jackets into Coral Reefs – Video

    4 May 2022
    Environment, Wind Farm Update

    Ørsted is planning a world-first attempt to support coral reefs by growing corals on offshore wind turbine foundations. Together with Taiwanese partners, the company will test the concept in the tropical waters of Taiwan this summer. The aims are to determine whether corals can be successfully grown on offshore wind turbine foundations and to evaluate […]

  • Ørsted Enters Final Onshore Substation Contract Talks in Taiwan

    2 April 2018
    Grid Connection, Wind Farm Update

    Ørsted’s Greater Changhua offshore wind projects in Taiwan are in the contracting process of TWD 3 billion (approximately EUR 83.6 million) onshore substation EPC (engineering, procurement, and construction) contract, the Danish company said.

  • Ørsted Sees Maximum Impact of Borkum Riffgrund 2 Sale on Its 2017 Annual Figures

    12 December 2017
    Business & Finance, Wind Farm Update

    After completing the transaction with Global Infrastructure Partners (GIP) for the sale of 50% of the Borkum Riffgrund 2 offshore wind farm yesterday, 11 December, Ørsted now expects its EBITDA in 2017 to materialise at some DKK 21 billion (approx. EUR 2.8 billion), compared to the previously guided range of DKK 19-21 billion.

  • Ørsted Sells 50 Per Cent of Greater Changhua 1

    29 December 2020
    Business & Finance

    A consortium comprising Caisse de dépôt et placement du Québec (CDPQ) and Taiwanese private equity fund Cathay PE is acquiring a 50 per cent ownership share in Ørsted’s 605 MW Greater Changhua 1 offshore wind farm in Taiwan for approximately TWD 75 billion (around EUR 2.2 billion). Under the agreements Ørsted signed with the consortium […]

  • Hornsea Two’s SOV Launched in Turkey

    21 September 2020
    Vessels

    Louis Dreyfus Armateurs’ (LDA’s) new service operations vessel (SOV), which will be working at Ørsted’s Hornsea Two offshore wind farm, was launched on 21 September at Cemre Shipyard in Turkey. The Wind of Hope SOV, ordered in 2018, is expected to arrive at Ørsted’s operations and maintenance (O&M) facility at the port of Grimsby in […]