2228 results found for 'Ørsted'

2228 results found for 'Ørsted'
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  • Construction Starts on Ørsted’s Greater Changhua 2b & 4 Offshore Substation

    16 August 2023
    Grid Connection, Wind Farm Update

    Seatrium has held a strike steel ceremony at its Pioneer Yard in Singapore to mark the start of construction of the offshore substation for Ørsted’s Greater Changhua 2b and 4 offshore wind farms in Taiwan. Seatrium said that this project is the latest under construction by Seatrium New Energy (a member of Seatrium Group) for […]

  • First Turbine Up at 704 MW Revolution Wind Project in US

    4 September 2024
    Fixed-Bottom, Project Updates, Wind Farm Update

    The first of the 65 Siemens Gamesa SG 11.0-200 DD wind turbines has been installed at Ørsted’s 704 MW Revolution Wind offshore wind farm in the US. The Revolution Wind offshore wind farm will utilise 65 Siemens Gamesa turbines, the same 11 MW turbine model used at the recently completed South Fork Wind. Once in operation, the […]

  • Ørsted Will Not Bid in First Round 3 Offshore Wind Auction in Taiwan

    30 September 2022
    Business & Finance, Contracts & Tenders

    Ørsted has decided not to submit a bid in the first auction of the Round 3 Zonal Development Phase in Taiwan, the developer announced on 30 September. “As the largest and most experienced offshore wind developer in Taiwan, we had to take stock of the limitations set by the current regulation, which in combination with […]

  • Ørsted Allots Fifteen Burbo Bank Extension Fund Grants

    20 December 2017
    Business & Finance, Environment, R&D

    Ørsted has awarded grants to fifteen local organisations around Liverpool Bay, UK, as part of its Burbo Bank Extension Community Fund.

  • Ørsted Joins Fred. Olsen Renewables and Hafslund Eco Offshore Norway

    9 June 2021
    Business & Finance, Contracts & Tenders

    Ørsted has established a long-term partnership with Fred. Olsen Renewables and Hafslund Eco to develop offshore wind in Norway and to compete in Norway’s upcoming application round for offshore wind areas. The three parties see the cooperation as the perfect fit for realising large-scale offshore wind projects in combination with an offshore grid, the Danish […]

  • Ørsted and PSEG to Negotiate Stake Sale in New Jersey Offshore Wind Farm

    30 October 2019
    Business & Finance, Wind Farm Update

    Ørsted and Public Service Enterprise Group (PSEG), a New Jersey-based utility, will enter into exclusive negotiations for PSEG to potentially become an equity investor in Ørsted’s Ocean Wind project. Subject to negotiations toward a joint venture agreement, advanced due diligence and any required regulatory approvals, PSEG would acquire 25% of Ocean Wind. Ocean Wind is […]

  • CS WIND Offshore Rolls Out Last Borkum Riffgrund 3 Monopile

    11 October 2024
    Fixed-Bottom, Foundations, Manufacturing, Project Updates, Supply Chain, Wind Farm Update

    CS WIND Offshore has completed the fabrication of the last monopile foundation for the Borkum Riffgrund 3 offshore wind farm in Germany and has marked the milestone with its loadout. CS WIND Offshore, which acquired Denmark’s Bladt Industries in 2023, has manufactured 40 XXL wind turbine foundations for the 913 MW Borkum Riffgrund 3, which will become […]

  • Ørsted Offloads 50 Pct of Gode Wind 3 to UK Investor

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

    Ørsted has completed the divestment of 50 per cent of its 253 MW Gode Wind 3 offshore wind farm in Germany to funds managed by Glennmont Partners from Nuveen. The two companies signed an agreement for the 253 MW offshore wind project in October this year. The Gode Wind 3 offshore wind farm was awarded […]

  • Ørsted Appoints Pinsent Masons to German Advisory Panel

    14 August 2018
    Business & Finance

    International law firm Pinsent Masons has been appointed to the new German advisory panel of Danish offshore wind farm owner and developer Ørsted.

  • Maryland Governor Enacts Offshore Wind Bill, Announces Foundation Component Centre with Ørsted

    24 April 2023
    Authorities, Infrastructure

    Maryland Governor Wes Moore signed the state’s Promoting Offshore Wind Energy Resources Act (the POWER Act) into law on 21 April, thus codifying Maryland’s new 8.5 GW offshore wind target for 2031. The Governor signed the POWER Act at Tradepoint Atlantic in Baltimore County, where he also announced the state’s first offshore wind advanced foundation component […]

  • Ørsted Raises 2025 Offshore Wind Bar

    28 November 2018
    Business & Finance

    Ørsted has raised its 2025 offshore wind target from 11-12GW to 15GW as part of the group’s development plan to invest DKK 200 billion (approximately EUR 26.8 billion) in renewable energy in the next seven years.

  • TEPCO and Ørsted Form Offshore Wind Pact, First Stop Japan

    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 […]

  • Ørsted Contracts Hobson & Porter for UK East Coast O&M Hub

    13 February 2018
    Business & Finance, Contracts & Tenders, Operations & Maintenance, Ports & Logistics, R&D

    Ørsted has appointed UK construction firm Hobson & Porter as the principal contractor for the extension of its offshore wind operations center at the Royal Docks in Grimsby, UK.

  • Ørsted Alters Western Europe Management

    26 September 2018
    Business & Finance, Jobs & Recruitment

    Ørsted has appointed Steven Engels as the new General Manager for Continental Western Europe, as well as Country Manager for the Netherlands, a position previously held by Jasper Vis.

  • Ørsted and Maersk to Test Offshore Vessel Charger

    28 September 2020
    Operations & Maintenance, R&D, Technology, Vessels

    Maersk Supply Service and Ørsted will jointly test a prototype buoy that will act as both a mooring point and a charging station for vessels. The solution will be tested on one of Ørsted’s offshore wind farms in 2021. The buoy can be used to charge the smaller battery- or hybrid-electrical vessels and to supply […]

  • Edda Passat Drops Anchor in Grimsby

    7 March 2018
    Ports & Logistics, Vessels

    Service Operations Vessel (SOV) Edda Passat has arrived in Grimsby ahead of deployment on Ørsted’s Race Bank offshore wind farm in the UK.

  • Ørsted Returns to New Jersey with Ocean Wind 2 Bid

    11 December 2020
    Contracts & Tenders, Wind Farm Update

    Ørsted has submitted a bid to the New Jersey Board of Public Utilities to develop its Ocean Wind 2 project in response to New Jersey’s second request for proposals. This solicitation will award up to 2,400 MW. The New Jersey Governor Phil Murphy’s plan calls for 7,500 MW of offshore wind by 2035. Ørsted is […]

  • Ørsted, DSV to Test Drone Deliveries at Anholt Offshore Wind Farm

    29 June 2022
    R&D, Technology

    Ørsted and the transport and logistics company DSV have teamed up to carry out tests with the transport of spare parts and tools using long-distance freight drones at Anholt wind farm in the Kattegat offshore Denmark. The aim of the trials is to find out whether drones can be a realistic supplement to the logistics […]

  • Ørsted and Eversource Charter Newbuild CTV Fleet in USA

    28 January 2022
    Contracts & Tenders, Jobs & Recruitment, Operations & Maintenance, Vessels

    Ørsted and Eversource have selected two vessel operators in Northeast US that will partner with Rhode Island shipyards to build crew transfer vessels (CTVs) serving the two companies’ offshore wind farms in the region. Joint venture partners Ørsted and Eversource will charter five new offshore wind CTVs from New York-based WindServe Marine and Massachusetts-based American […]

  • Ørsted Divests Remaining Stake in London Array for EUR 829 Million

    24 July 2023
    Business & Finance, Contracts & Tenders

    Ørsted has signed an agreement with funds managed by Schroders Greencoat to divest its remaining 25 per cent minority interest in the London Array offshore wind farm in the UK. The total value of the transaction is GBP 717 million (approximately EUR 829 million). Ørsted originally owned 50 per cent of the project and divested […]

  • Ørsted to Order UK-Made Monopiles for 2.4 GW Hornsea Three Offshore Wind Farm

    10 November 2021
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Ørsted has announced a multi-million pound agreement to be the first and lead customer for monopile foundations manufactured at the planned UK facility of SeAH Wind Limited, a UK-based subsidiary of SeAH Steel Holdings. The deal, subject to securing a Contract for Difference and Final Investment Decision (FID) for Hornsea Three offshore wind farm, plays […]

  • Ørsted Completes Borssele 1 & 2 Investment Financing

    12 November 2021
    Business & Finance, Wind Farm Update

    Ørsted has signed a EUR 175 million, 8-year loan agreement with the Nordic Investment Bank (NIB) for co-financing its investment in the Borssele 1 & 2 offshore wind farm in the Netherlands. Together with the loan agreement closed with the European Investment Bank (EIB) on 6 September, the intended long-term financing of Ørsted’s investment in […]

  • Ørsted, ATP Want to Make Danish Energy Island Cross-Border Digital Hub

    7 June 2022
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Ørsted and ATP have signed an agreement with GlobalConnect to make the Nordsøens Energiø (North Sea Energy Island) a backbone in the future digitisation of Northern Europe and attract large-scale digital investments to Denmark, according to the Ørsted-ATP consortium. The partners will work together to make the North Sea Energy Island a “cross-border digital hub”. […]

  • Eversource Starts Exiting US Offshore Wind Projects It Owns with Ørsted

    26 May 2023
    Business & Finance

    Ørsted and Eversource Energy have signed an agreement under which Ørsted will acquire 50 per cent interest in the uncontracted offshore wind lease area in the US the two companies currently own together. Eversource is also looking at selling its 50 per cent stake in the three jointly owned contracted offshore wind projects: South Fork […]

  • Ørsted to Rewild Offshore Wind Farms

    17 May 2022
    Environment, R&D

    Ørsted and ARK Nature have partnered to test the potential of rewilding principles to restore ocean biodiversity and develop the best ways to scale up work globally to ensure an overall net-positive impact on nature when building offshore wind farms. One initial focus is restoring shellfish reefs that are fundamental to ecological restoration in the […]

  • Ørsted’s Earnings from Operational Offshore Wind Farms Up 20 Pct

    6 February 2025
    Business & Finance, Fixed-Bottom

    Ørsted has reported 2024 earnings from its operational offshore wind farms of DKK 23.8 billion (approximately EUR 3.2 billion), up by 20 per cent compared to 2023. The global offshore wind developer said on 6 February the increase was mainly due to the ramp-up of generation at Greater Changhua 1 and 2a offshore wind project […]