2263 results found for 'Ørsted'

2263 results found for 'Ørsted'
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  • Ørsted and Eversource Partner with ThayerMahan in Connecticut

    31 January 2020
    Business & Finance, Environment, Operations & Maintenance, Technology

    Ørsted and Eversource have signed a Memorandum of Understanding (MOU) with ThayerMahan to explore the provision of maritime wildlife monitoring and seabed surveillance services for the Revolution Wind wind project offshore Connecticut. The MOU with this Groton-based marine automation and monitoring innovator is said to reinforce Ørsted and Eversource’s commitment to utilize local vendors in […]

  • Ørsted Divesting Half of Hornsea Two for EUR 3.6 Billion

    28 March 2022
    Business & Finance, Wind Farm Update

    Ørsted has signed an agreement to divest 50 per cent of its 1.3 GW Hornsea Two offshore wind farm in the UK to a consortium comprising AXA IM Alts and Crédit Agricole Assurances for GBP 3 billion (approximately EUR 3.6 billion). The transaction is expected to close in the second half of 2022, once the […]

  • 1.5 GW Swedish Offshore Wind Project Powers Ahead

    6 March 2023
    Authorities, Business development, Contracts & Tenders, Research & Development

    The world’s leading offshore wind developer Ørsted has been granted a Natura 2000 permit for the 1.5 GW Skåne Offshore Wind Farm in Sweden. The County Administrative Board in Skåne granted Ørsted a permit for the construction and operation of the Skåne Havsvindpark project in connection with a Natura 2000 area south of Skåne. “This is […]

  • Ørsted and PGE Complete 2.5 GW Polish Offshore Wind Deal

    7 May 2021
    Business & Finance, Wind Farm Update

    PGE and Ørsted have closed the joint venture agreement for two Polish offshore wind projects with a combined capacity of up to 2.5 GW. With the closing of the agreement, first announced in February, PGE and Ørsted now each own 50 per cent of the shares in the offshore wind projects Baltica 2 and Baltica […]

  • Ørsted Taps Doosan For Monopile Foundations

    7 November 2022
    Business & Finance, Contracts & Tenders

    Ørsted has signed a Memorandum of Understanding (MoU) with Doosan Enerbility’s Vietnamese subsidiary, Doosan Vina, to cooperate on the supply of offshore wind turbine substructures. With the signing of this MoU, Doosan Vina will be supplying the monopile foundations for Ørsted’s global offshore wind power projects that are currently underway in regions such as Southeast […]

  • Ørsted, Eversource Ink State Pier Upgrade Deal with City of New London

    2 March 2021
    Business & Finance, Ports & Logistics

    Ørsted and Eversource, through their joint venture, have signed a Host Community Agreement (HCA) with the City of New London in Connecticut, U.S., for the redevelopment of the city port’s State Pier to enable it to support offshore wind farm construction. The State Pier is planned to be upgraded to accommodate offshore wind turbine assembly and […]

  • 2.5 GW Baltica Offshore Wind Project Secures EIB Financing

    8 August 2023
    Business & Finance, Wind Farm Update

    The European Investment Bank (EIB) has approved the in-principle financing of the 2.5 GW Baltica offshore wind project in Poland, being developed by PGE Group and Ørsted. The project has two stages, the 1.5 GW Baltica 2 and the 1 GW Baltica 3, planned to be commissioned by the end of 2027 and by the […]

  • Ørsted and TotalEnergies to Jointly Bid in Dutch Offshore Wind Tenders

    13 May 2022
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Ørsted and TotalEnergies have joined forces to jointly submit bids for the two Dutch offshore wind tenders, Hollandse Kust West VI and VII, with the aim to achieve net positive impact on biodiversity and the Dutch energy system. The Hollandse Kust West (Holland Coast West) wind farms are located approximately 53 kilometres off the Dutch […]

  • German Offshore Wind to Hydrogen Project Takes Off

    3 August 2020
    Authorities, Business & Finance, Environment, R&D, Technology

    Ørsted and its partners have secured funding for the Westküste 100 renewable hydrogen project in Germany. The partners received funding confirmation from the German Federal Ministry of Economic Affairs and Energy as the first large-scale hydrogen project in Germany within the Reallabor (real-world laboratory) framework. The Westküste 100 project aims to research and develop an […]

  • Ørsted Opens Hornsea Two Offshore Construction Base

    3 September 2019
    Ports & Logistics, Wind Farm Update

    Ørsted has officially opened the Hornsea Two Offshore Construction Base (HTOCB) at Humberside Airport in Lincolnshire. The building, formerly a police station at the airport, will now house around 30 Ørsted employees who will be working around the clock to construct the 1.4GW wind farm. Hornsea Two, located 89 kilometres off the Yorkshire Coast, will […]

  • Photo of the Day: Taichung Sports Formosa Kit

    17 April 2019
    Wind Farm Update

    Ørsted has posted a photo showing the first wind turbine components destined for the Formosa 1 Phase 2 offshore wind farm lined up at the Taichung Port in Taiwan. The first 75m long blades, 378t nacelles and 37m long tower sections began their journey to Taiwan from Aalborg, Denmark, and Cuxhaven, Germany, on board three vessels. Formosa 1 Phase 2 will […]

  • Equinor Completes EUR 2.2 Billion Ørsted Buy-In

    23 December 2024
    Business & Finance

    Equinor has completed the acquisition of a 10 per cent stake in Ørsted, announced this October. The share purchase, which cost Equinor USD 2.3 billion (around EUR 2.2 billion), establishes the Norway-based global energy player as Ørsted’s second-largest shareholder, after the Danish State which holds a controlling stake. On 7 October, Equinor said it had […]

  • Ørsted and Port of Gdynia to Cooperate on Next-Generation Technology Development

    22 April 2021
    Ports & Logistics, R&D, Technology

    Ørsted and Poland’s Port of Gdynia Authority have signed a Letter of Intent to cooperate in the field of unmanned vehicles, drones, robotics, and sustainable transport for the development of offshore wind energy in Poland. The aim of the cooperation is the development of innovative technologies and their commercialization on the Polish and the international […]

  • Ørsted Cancels Two Wind Projects Offshore New Jersey, Clears Revolution Wind for Takeoff

    1 November 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Danish renewable energy developer Ørsted has decided to cease the development of the Ocean Wind 1 and Ocean Wind 2 offshore wind projects in New Jersey. In addition, the company, together with Eversource, has taken a final investment decision (FID) on the 704 MW Revolution Wind, Rhode Island and Connecticut’s first utility-scale offshore wind farm. […]

  • Ørsted Points to Possible Reason for EUR 403 Million Cable Problem

    30 April 2021
    Business & Finance, Operations & Maintenance, Wind Farm Update

    Leading offshore wind developer Ørsted has suggested that a scour protection method which left the inter-array cables unstabilised could be the potential reason for an up to DKK 3 billion (EUR 403 million) issue across up to ten wind farms in Europe. As reported earlier, Ørsted first became aware of the problem earlier this year […]

  • Ørsted Issues Contract Call for Installation of Foundations and OSSs at Polish Offshore Wind Farm

    8 May 2023
    Contracts & Tenders

    Leading offshore wind developer Ørsted has issued a call for competition for the transport and installation of foundations and offshore substations for the 1.5 GW Baltica 2 offshore wind farm in Poland. Ørsted plans to use the Achilles Utilities NCE qualification system for procurement and expects to commence the tender in May/June 2023. Suppliers may […]

  • 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 […]

  • 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.

  • Hornsea One Towers Start Rising

    2 November 2018
    Ports & Logistics

    The first of the 174 wind turbine towers for the 1.2GW Hornsea Project One has been upended at Siemens Gamesa’s pre-assembly site in Hull.

  • Ørsted Picks WIND for Inter-Array Cable Storage

    6 June 2019
    Contracts & Tenders

    WIND has secured a contract by Ørsted for the storage and onshore handling of inter-array cables and accessories at its site in Velsen, the Netherlands. The 20-year framework agreement includes all of Ørsted’s current and future offshore wind farms in Europe. The inter-array cables and accessories will be centralized from their current various storage locations in Europe to […]

  • Surveys for Ørsted’s Australian Offshore Wind Projects Completed

    14 May 2025
    Business development, Project Updates, Research & Development, Wind Farm Update

    Ørsted has completed geotechnical and geophysical investigations at two Gippsland offshore wind farm sites in Australia. Using specialist vessels and equipment, the developer tested approximately 60 locations across its two feasibility licence areas by scanning and sampling the seabed in the Bass Strait off the Gippsland coast. The data should help Ørsted understand the composition […]

  • Ørsted’s Offshore Wind Farms Finish 2017 Strong

    10 January 2018
    Business & Finance

    World’s leading offshore wind developer Orsted expect an operating profit (EBITDA) of approximately DKK 22.5 billion for 2017, which is an improvement compared to the company’s most recent outlook of around DKK 21 billion.

  • Ørsted Prepping Green Bond Issuance in Taiwan

    11 September 2019
    Business & Finance

    Ørsted is preparing for a potential Taiwan New Dollar (TWD) denominated green bond issuance in Taiwan towards the end of this year to finance the Greater Changhua offshore wind projects. The company has selected BNP Paribas, Bank of Taiwan, CTBC Bank, and Deutsche Bank as arrangers. In April 2019, Ørsted made the final investment decision […]

  • Modular Energy Island Concept Unveiled – Video

    31 March 2022
    Environment, Grid Connection, Operations & Maintenance, Ports & Logistics, R&D, Technology

    Ørsted and ATP, together with their partners Aarsleff, Bouygues Construction, and Van Oord, have presented their concept of a modular energy island for the forthcoming tender in the Danish North Sea. The Nordsøens Energiø (North Sea Energy) Island will be an island in constant development, even after it has been built, the developers said. In […]

  • Ørsted, Pict Offshore Make Boat Landings and Ladders Redundant at Hornsea Two

    15 October 2020
    Operations & Maintenance, Technology, Wind Farm Update

    The wind turbines at the Hornsea Two offshore wind farm in the UK do not feature the usual setup including boat landing structures and ladders, as its developer Ørsted purchased a novel lifting system. The 1.4 GW project is the first-ever offshore wind farm to deploy the Get Up Safe (GUS) motion-compensated lifting system from […]

  • PTSC to Supply Foundations for Ørsted’s Greater Changhua 2b & 4

    19 May 2023
    Contracts & Tenders, Wind Farm Update

    Ørsted has awarded Petrovietnam Technical Services Corporation (PTSC) a contract to manufacture and supply foundations for the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan. Under the contract, PTSC will manufacture 33 suction bucket jacket (SBJ) foundations which Ørsted said are an environmentally friendly solution using the company’s bespoke designs. “These […]