2228 results found for 'Ørsted'

2228 results found for 'Ørsted'
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  • Ørsted and TEPCO to Jointly Bid in Japan’s Round 1 Offshore Wind Auction

    18 March 2020
    Business & Finance

    Ørsted and Tokyo Electric Power Company Holdings (TEPCO) have agreed to establish a joint venture company, Choshi Offshore Wind Farm K.K., to work together on the Choshi offshore wind project in Japan. The companies will submit a joint bid in the Round 1 auction once the Japanese government officially designates the Choshi-city offshore wind promotion […]

  • Revolution Wind Gets Rhode Island Power Contract

    29 May 2019
    Grid Connection

    The Rhode Island Public Utilities Commission has approved Ørsted and Eversource’s long-term power contract with National Grid for the 400MW Revolution Wind offshore wind project. According to Ørsted, the 400MW offshore wind farm will power more than 270,000 homes in Rhode Island, which is circa 25% of the state’s total electricity use. National Grid filed for […]

  • Ørsted Sees Increased Risk of Delays on Two Offshore Wind Projects

    12 August 2020
    Contracts & Tenders, Grid Connection, Wind Farm Update

    Ørsted could face delays on two offshore wind projects due to the effects of the COVID-19 pandemic. The construction of offshore substation topsides for the two projects, the 1.4 GW Hornsea Project Two in the UK and the 900 MW Greater Changhua 1 & 2a in Taiwan, was paused after the Singaporean shipyards where they […]

  • Ørsted Hires Geophysical Surveyor for Virginia Pilot Project

    6 August 2018
    Vessels, Wind Farm Update

    Ørsted has announced that the research vessel Gerry Bordelon will conduct final geophysical studies on the site of the proposed Coastal Virginia Offshore Wind (CVOW) project.

  • Edda Wind’s SOV Prolongs Stay at Race Bank Offshore Wind Farm at Favourable Day Rates

    14 November 2022
    Vessels

    Edda Wind and Ørsted have extended the charter agreement for the service operation vessel (SOV) Edda Passat, prolonging its deployment on the Race Bank offshore wind farm in the UK for seven months after the firm contract expires in March 2023. The contract has been extended at day rates in excess of 25 per cent […]

  • Ørsted’s East Coast Community Fund Gives Back

    18 April 2019
    Business & Finance

    Ørsted has awarded fourteen organizations from Yorkshire, Lincolnshire and North Norfolk in the UK with grants from the fifth round of its East Coast Community Fund. The East Coast Community Fund was launched in December 2016 as part of Ørsted’s community engagement program for its Hornsea Project One and Race Bank offshore wind farms. The 14 awarded groups […]

  • Ørsted Beats 2020 Operating Profit Guidance

    13 January 2021
    Business & Finance

    World’s leading offshore wind developer Ørsted expects an operating profit (EBITDA) of DKK 18 billion (EUR 2.42 billion) for 2020, which is above the latest guidance of DKK 16-17 billion. The increase in earnings is primarily of a temporary nature, Ørsted said. However, the company has also seen strong operational performance throughout the group in […]

  • Ørsted Submits Bid for 760 MW Wind Farm Offshore Maryland

    8 July 2021
    Authorities, Contracts & Tenders, Wind Farm Update

    Ørsted has submitted a bid to the Maryland Public Service Commission (PSC) to build a 760 MW wind farm off the state’s coast. The company has filed its proposal for the Skipjack Wind 2 project in response to the Commission’s call for Round 2 offshore wind projects, through which the Commission can award at least […]

  • Sembcorp Marine Stays on Hornsea 2

    4 November 2022
    Contracts & Tenders, Grid Connection, Wind Farm Update

    Sembcorp Marine’s wholly-owned subsidiary, Sembmarine SLP, has been awarded the planned preventative maintenance (PPM) contract by Ørsted for the offshore substation and the reactive compensation station at the Hornsea 2 offshore wind farm. Hornsea 2 is currently the largest fully commissioned offshore wind farm in the world. It is located 89 kilometres off the Yorkshire […]

  • Ørsted Takes EUR 4 Billion Impairment Hit

    1 November 2023
    Business & Finance

    Due to adverse impacts relating to supply chain delays, increased interest rates, and the lack of an Offshore Wind Renewable Energy Credit (OREC) on Sunrise Wind, Ørsted has recognised impairment losses of DKK 28.4 billion (about EUR 3.8 billion) in the first nine months of 2023. The majority of impairment losses, DKK 19.9 billion, relate […]

  • BOEM Proposes Fewer Turbines for Ørsted’s 924 MW Offshore Wind Project

    12 December 2023
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) has completed its environmental review of Ørsted’s Sunrise Wind project. In the Final Environmental Impact Statement (EIS), issued on 11 December, BOEM proposes an alternative layout for the offshore wind farm with fewer turbines. With the final EIS now released and set to be published in the […]

  • Ørsted Flies High on UK Offshore Wind

    26 April 2018
    Business & Finance

    Danish offshore wind developer Ørsted reported DKK 3 billion (EUR 402.7 million) net profit in the first quarter of 2018, a 150% spike compared to the same period last year, largely due to a strong performance of operating wind farms in the UK.

  • Ørsted Plans Massive Seagrass Restoration as Part of 2.6 GW Hornsea Four Offshore Wind Farm

    15 November 2022
    Environment, Wind Farm Update

    Ørsted and Yorkshire Wildlife Trust have teamed up to develop a seagrass restoration project as part of Ørsted’s 2.6 GW Hornsea Project Four offshore wind farm in the UK. The initial phase of the project has already started as the Trust was commissioned to collect and plant seagrass seed across a 9.8 acres pilot area, […]

  • Highlights of the Month – August 2020

    1 September 2020

    We bring you the ten most-read articles on OffshoreWIND.biz for the month of August 2020. Ørsted Recruiting 23 Offshore Wind Turbine Technicians Ørsted has launched a recruitment campaign for 23 wind turbine technicians, who will work out of the East Coast Hub in Grimsby on the company’s offshore wind farms, including Hornsea Project Two. Largest […]

  • Eversource Sells Seabed Acreage Offshore US to JV Partner Ørsted for USD 625 Million

    8 September 2023
    Business & Finance

    Eversource Energy has completed its sale of an uncommitted lease area off the south coast of Massachusetts to its joint venture (JV) partner Ørsted for USD 625 million. The all-cash transaction, which was announced in May, closed today following approval from the Committee on Foreign Investment in the United States. The deal with Eversource provides […]

  • Construction Starts on America’s Largest Offshore Wind Manufacturing Hub

    20 April 2021
    Jobs & Recruitment, Ports & Logistics

    Ocean Wind and EEW have broken ground for the EEW monopile manufacturing facility at the Port of Paulsboro Marine Terminal in Gloucester County, New Jersey, U.S. The start of construction marks a significant milestone in delivering the largest industrial offshore wind manufacturing facility in the U.S. to date, Ocean Wind said. Construction of the facility […]

  • VolkerInfra Gets In On Hornsea 2 Action

    18 October 2018
    Contracts & Tenders, Grid Connection, Wind Farm Update

    Lancashire-based VolkerInfra has signed a multi-million-pound contract with Ørsted to install 360 kilometres of high voltage onshore cables for the 1.4GW Hornsea 2 offshore wind farm.

  • US Could Soon Give Go-Ahead to Another Large-Scale Offshore Wind Farm

    17 July 2023
    Authorities, Wind Farm Update

    The US Bureau of Ocean Energy Management (BOEM) is expected to soon announce its decision on whether to approve the Revolution Wind offshore wind farm as the federal agency has now completed the environmental analysis of the project, which Ørsted and Eversource plan to build offshore Rhode Island. BOEM issued the Final Environmental Impact Statement (FEIS) […]

  • HBC Wraps Up Ørsted Subsea Inspection Campaign

    10 August 2018
    Operations & Maintenance, Wind Farm Update

    HBC Group has completed the Ørsted Subsea Inspection Campaign on four offshore wind farms in the UK and the German North Sea.

  • Ørsted Awards Third Round East Coast Community Fund Grants

    30 May 2018
    Business & Finance

    Ørsted has awarded nineteen organizations from Yorkshire, Lincolnshire and North Norfolk in the UK with grants from the third round of its East Coast Community Fund.

  • Ørsted’s German Offshore Wind Farms Breeze Past 10 TWh Mark

    3 July 2019
    Grid Connection

    Ørsted’s offshore wind farms in the German North Sea have produced and delivered over 10 terawatt hours (TWh) of electricity since the first wind farm started producing in February 2015. The Danish energy company owns and operates four wind farms in the German North Sea with a combined capacity of nearly 1.4GW. “With our four […]

  • Business Moves on Offshore Wind 2017 Chessboard

    2 January 2018
    Business & Finance

    Throughout the year behind us, we witnessed numerous business moves within the industry from mergers and takeovers to companies securing their positions in non-domestic markets where offshore wind is about to take off. Here, Offshore WIND is reminding of only few of the big business news from 2017. 

  • Steelwind Dispatches First Batch of XXL Monopiles for Gode Wind 3 Offshore Wind Farm

    28 February 2023
    Wind Farm Update

    German offshore wind foundation manufacturer Steelwind has shipped off the first three monopile foundations for Ørsted’s Gode Wind 3 project in Germany. The offshore wind farm will comprise 23 XXL monopiles which will be connected to the wind turbines without transition pieces (TPs).  The first batch of the TP-less foundations was shipped from Steelwind’s manufacturing […]

  • BEIS Nods to Fewer Hornsea Two Offshore Substations

    4 May 2018
    Authorities, Grid Connection, Wind Farm Update

    The UK Secretary of State for Business, Energy and Industrial Strategy (BEIS) has approved Ørsted’s application to reduce the number of offshore substations and increase the size of the topsides on the Hornsea Project Two offshore wind project.

  • Taiwan’s Largest Offshore Wind Farm Entering Home Stretch

    3 November 2022
    Wind Farm Update

    71 out of the 111 Siemens Gamesa SG 8.0-167 DD wind turbines have been installed at the 900 MW Greater Changhua 1 & 2a wind farm project offshore Taiwan. In April, the first batch of turbine components was transported from the Port of Taichung, and the first turbine was installed at the site by Seajack Scylla, […]

  • All Monopiles Up at New York’s First Offshore Wind Farm

    10 August 2023
    Wind Farm Update

    All 13 monopile foundations have been installed at the South Fork Wind Farm site offshore New York, the state’s first offshore wind farm. Boskalis’s offshore installation vessel Bokalift 2 was responsible for the transporting and installation of the foundations, as well as the one for the substation, the first American-built offshore wind substation. More than […]