2228 results found for 'Ørsted'

2228 results found for 'Ørsted'
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  • Ørsted Stays on Upward Path

    9 August 2018
    Business & Finance, Contracts & Tenders, Operations & Maintenance

    Ørsted reported DKK 1.8 billion (EUR 241.5 million) profit from offshore wind farms in the second quarter of 2018, an 8% jump compared to the same period last year.

  • Manufacturing of Baltica 2 Substation Platforms Begins in Vietnam

    28 November 2024
    Fixed-Bottom, Grid Connection, Manufacturing, Offshore Platforms, Project Updates, Supply Chain, Wind Farm Update

    The manufacturing phase for the substation platforms of the Baltica 2 offshore wind farm began with the first-cut ceremony held on 27 November at PTSC M&C’s fabrication yard in Vung Tau City, Vietnam. The 1.5 GW Baltica 2 is part of the 2.5 GW Baltica Offshore Wind Farm, which will also comprise the 1 GW […]

  • Construction Permit Sought for Connecticut Offshore Wind Hub

    6 August 2020
    Authorities, Operations & Maintenance, Ports & Logistics

    The Connecticut Port Authority has applied for a permit from the U.S. Army Corps of Engineers for proposed work in the Thames River at State Pier, New London, Connecticut. The proposed project would serve as a long-term, regional offshore wind port facility while continuing to support other existing long-term breakbulk cargo operations. The proposed two-phase […]

  • TenneT’s OSS-Less Connection for Ørsted and EnBW German Projects

    6 September 2019
    Business & Finance, Grid Connection

    TenneT has entered into agreements with Ørsted and EnBW to use a grid connection concept on future wind farms in the German North Sea which will link the turbines directly to the converter platforms. Under the deals, Ørsted’s Borkum Riffgrund West 1 & 2 and OWP West, as well as EnBW’s He Dreiht offshore wind projects will […]

  • Ørsted, Eversource Setting Up Foundation Parts Factory in Rhode Island

    15 April 2021
    Business & Finance, Jobs & Recruitment, Ports & Logistics

    Joint venture partners Ørsted and Eversource are establishing a manufacturing facility for offshore wind foundation components at ProvPort in Rhode Island, United States. The new 228-foot long facility will be used for advanced fabrication and assembly of foundation platforms for the companies’ offshore wind projects in Rhode Island, Connecticut and New York. Ørsted and Eversource […]

  • PGE, Ørsted Seek Geotechnical Engineering Services for Two Polish Projects

    7 February 2022
    Contracts & Tenders

    Ørsted and PGE have opened a tender looking to procure geotechnical investigation services for their two offshore wind projects in Poland, Baltica 2 and Baltica 3. The scope of services is related to detailed design and covers static seabed CPTU (<30 m) with seismic measurements and static down-the-hole CPTU (<45 m) with dissipation tests and geophysical […]

  • Ørsted Recruits Borssele Recruiters

    13 November 2018
    Contracts & Tenders, Jobs & Recruitment, Wind Farm Update

    UK-based recruitment company Light Source People has won a contract for the supply of temporary staff for Ørsted’s Borssele 1 + 2 offshore wind project in the Netherlands.

  • Ørsted to Take Full Ownership of Ocean Wind 1 Offshore Wind Project

    18 January 2023
    Contracts & Tenders, Wind Farm Update

    Public Service Enterprise Group (PSEG) has agreed to sell its 25 per cent equity stake in the 1.1 GW Ocean Wind 1 offshore wind project to Ørsted, providing the Danish company with 100 per cent ownership of the US project. “As Ocean Wind 1 has evaluated the optimal way to move forward, it has become […]

  • Ørsted Books EUR 1.6 Billion Impairment from Increased Costs, Sunrise Wind Delays in US

    21 January 2025
    Business & Finance, Business development

    Ørsted has reported impairment losses of DKK 12.1 billion (approximately EUR 1.62 billion) for the fourth quarter of 2024, citing rising costs for its offshore wind business in the US, mostly related to the development of the 924 MW Sunrise Wind project off the coast of New York. The Danish offshore wind developer said that […]

  • Siemens Gamesa Starts Repairing Anholt Blades, London Array Up Next

    26 April 2018
    Business & Finance, Contracts & Tenders, Operations & Maintenance, Wind Farm Update

    Siemens Gamesa has commenced a blade repair and upgrade campaign at the Anholt offshore wind farm, after signing agreements with Ørsted for these works to be carried out on the Danish offshore wind farm and UK’s London Array, both featuring Siemens Gamesa’s 3.6MW wind turbines that have been affected by leading edge erosion. 

  • 13 Foundations Up at Borssele 1&2

    30 January 2020
    Wind Farm Update

    DEME Offshore’s jack-up vessel Innovation has installed 13 of the 94 monopile foundations on the 752MW Borssele 1&2 offshore wind farm in the Dutch North Sea, Ørsted said. Innovation is loading the monopiles and transition pieces at Sif’s Maasvlakte 2 facility before transporting and installing them at the site located some 22 kilometres off the […]

  • New York’s Largest Offshore Wind Farm Breaks Ground

    18 July 2024
    Fixed-Bottom, Project Updates, Wind Farm Update

    On 17 July, New York Governor Kathy Hochul announced the start of construction of Sunrise Wind, the state’s largest offshore wind project, developed by Ørsted. The groundbreaking at the Boys and Girls Club of Bellport on Long Island officially kicked off the start of the 924 MW Sunrise Wind project which is said to support […]

  • PGE, Ørsted Granted 210 MW Seabed Area Offshore Poland

    9 August 2023
    Authorities, Business development, Research & Development, Wind Farm Update

    PGE and Ørsted have been granted a new seabed area for the development of an offshore wind farm in the Polish Baltic Sea. Poland’s Ministry of Infrastructure has given permission for PGE Group and Ørsted to develop up to 210 MW on the 45.E.1 area in the Baltic Sea. The new seabed area is neighboring […]

  • Good Energy Group Continues Using Westermost Rough Electricity

    9 April 2018
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Ørsted and Good Energy Group have signed a renewal of an agreement under which Good Energy Group will source offshore wind power from the Westermost Rough offshore wind farm for its customers for a further two years.

  • Aviva Backs Hornsea One with GBP 400 Million

    28 November 2018
    Business & Finance

    The UK-based Aviva Investors has invested GBP 400 million to help fund the construction of Ørsted’s Hornsea Project One offshore wind farm.

  • Ørsted Anticipates ‘Significantly Higher’ Offshore Earnings in 2023; Plans EUR 7 Billion in Gross Investments

    1 February 2023
    Business & Finance

    Ørsted reported an EBITDA of DKK 21.1 billion (approximately EUR 2.84 billion) for 2022 and expects this year’s operating profit to be in the similar range, between DKK 20 billion and DKK 23 billion (approx. EUR 2.67 billion and EUR 3.09 billion). For its offshore business, the developer anticipates 2023 earnings to be “significantly higher”. […]

  • South Korean Firm to Supply Power Equipment for Ørsted’s Hornsea 4 Offshore Wind Farm

    4 November 2024
    Business & Finance, Contracts & Tenders, Equipment, Fixed-Bottom, Grid Connection, Supply Chain

    Denmark’s Ørsted has awarded a contract to Hyosung Heavy Industries for the supply of ultra-high voltage power equipment for the Hornsea 4 offshore wind farm in the UK. Under the contract, the South Korean company will supply 400 kV ultra-high voltage transformers and reactors, essential components for improving power quality for the 2.4 GW Hornsea […]

  • Ørsted Posts All-Time High Offshore Wind Earnings

    3 May 2023
    Business & Finance

    World’s leading offshore wind developer, Ørsted, has reported DKK 6.9 billion (EUR 926 million) operating profit (EBITDA) for the first quarter of 2023, DKK 2.5 billion less compared to the same period a year earlier. EBITDA excluding new partnerships in Q1 2023 was DKK 0.9 billion lower than Q1 2022, as Q1 2022 was positively […]

  • Ørsted Issues Green Bonds, Secures Nearly EUR 2 Billion

    7 September 2022
    Business & Finance, Contracts & Tenders

    Ørsted has issued green bonds of nearly EUR 2 billion after securing investor commitment for nominal EUR 900 million and GBP 950 million (about EUR 1.1 billion) to finance its global build-out of renewable energy and its green growth ambition of reaching approximately 50 GW of installed capacity by 2030. Ørsted has issued three tranches […]

  • Swire Energy Services Secures Hornsea One Aviation Contract

    24 September 2021
    Contracts & Tenders, Wind Farm Update

    Aberdeen-based Swire Energy Services (SES) has signed a contract with Ørsted for the provision of helideck services and helicopter refuelling system services for the Hornsea One wind farm in the UK Southern North Sea. According to Swire Energy Services, the two-year contract, with the option of two one-year extensions, covers the provision of helideck services […]

  • Ørsted and Eversource Left Stranded in Rhode Island

    19 July 2023
    Authorities, Business & Finance, Contracts & Tenders, Industry, Wind Farm Update

    Rhode Island Energy, the largest utility in Rhode Island, has decided that it will not be moving forward on a long-term power purchase agreement (PPA) with Ørsted and Eversource for the Revolution Wind 2 offshore wind farm. The utility, formerly known as National Grid Rhode Island, said that higher interest rates, increased costs of capital […]

  • Keppel to Build Greater Changhua Offshore Substations

    13 May 2019
    Grid Connection, Wind Farm Update

    Singapore-based Keppel FELS Ltd has secured a contract from Ørsted to provide two offshore substations for the Greater Changhua wind sites in Taiwan. Valued at more than SGD 150 million (around EUR 98 million), the contract comprises detailed engineering, procurement, construction, testing and commissioning for two 600MW substations. It excludes certain electrical components to be […]

  • PSEG Completes Ocean Wind Stake Buy

    13 April 2021
    Business & Finance, Wind Farm Update

    New Jersey’s Public Service Enterprise Group (PSEG) has completed the acquisition of a 25% interest in Ørsted’s Ocean Wind offshore wind project. PSEG’s investment, which was announced in December 2019, received approval from the New Jersey Board of Public Utilities on 31 March. “From creating jobs and strengthening the economy to investing in infrastructure and […]

  • Worley to Design Revolution Wind Substations

    30 April 2019
    Contracts & Tenders, Grid Connection, Wind Farm Update

    Ørsted has awarded Worley with a contract to engineer and design two offshore wind topside substations for the 700MW Revolution Wind project off the Rhode Island coast, US. The project started in March 2019, with the installation expected in 2022, Worley said. “This project is directly aligned to our strategic priority of supporting our customers through […]

  • PGE, Ørsted Gather Tier 1 Offshore Contractors for 1.5 GW Baltica 2

    31 October 2023
    Contracts & Tenders, Foundations, Manufacturing, Supply Chain

    The PGE and Ørsted joint venture has signed an agreement with German-based Steelwind Nordenham for the supply of foundations for Baltica 2, which is the first stage of the Baltica Offshore Wind Farm in the Polish Baltic Sea. Under the contract, Steelwind Nordenham will deliver 34 monopile foundations with the production expected to start in […]

  • Geotechnical Surveys at Hornsea Three to Begin in April

    18 March 2022
    Wind Farm Update

    Ørsted is set to kick off a geotechnical survey campaign at the Hornsea Three offshore wind project in the UK starting from April. The 90-meter long survey vessel Connector Express will start the survey on 1 April at the project site located off the coast of East Yorkshire, and works are expected to last for […]