2264 results found for 'Ørsted'

2264 results found for 'Ørsted'
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  • Ørsted Completes 50 Pct Divestment of World’s Largest Operational Offshore Wind Farm

    30 September 2022
    Business & Finance, Wind Farm Update

    Ørsted has completed the divestment of 50 per cent of its 1.3 GW Hornsea Two project, the world’s largest offshore wind farm in operation. The developer sold half of the project to a consortium comprising AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances. Ørsted announced the Hornsea Two offshore farm-down in […]

  • New York State Selects Two Shovel-Ready, Re-Bid Projects in 4th Offshore Wind Solicitation

    29 February 2024
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    New York State Energy Research and Development Authority (NYSERDA) has selected Equinor’s Empire Wind 1 and Ørsted and Eversource’s Sunrise Wind projects in the state’s fourth offshore wind solicitation. Both projects secured agreements with the state earlier and re-bid in this procurement round to negotiate new 25-year contracts. NYSERDA and the developers of the selected […]

  • Ørsted Seeks Hornsea Two UXO Inspection and Clearance Permit

    10 January 2019
    Authorities, Wind Farm Update

    Ørsted’s subsidiary Optimus Wind Limited has applied to the UK Marine Management Organisation for a marine license to undertake offshore unexploded ordnance (UXO) inspection and clearance works for the Hornsea Project Two offshore wind farm. In preparation for offshore construction which is due to commence in 2020, there is a requirement to carry out inspections and, […]

  • Ørsted Setting Up Base in Vietnam

    30 April 2021
    Business & Finance

    Ørsted has opened an office in Hanoi, Vietnam, in anticipation of a booming offshore wind market in the country. While presenting its latest financial results and plans on 29 April, the offshore wind developer said it was looking to build a local team and work diligently with government authorities and local partners. “Vietnam has a great […]

  • Akrocean Opens APAC Office Following Contract Wins

    14 April 2022
    Contracts & Tenders

    France-based Akrocean has secured multi Floating LiDAR System (FLS) contracts in the Asia Pacific (APAC) region. Earlier in 2021, Akrocean and its Korean Partners Vision Plus and SA Offshore deployed two FLiDAR Systems in Korean waters for one year of wind and metocean assessment to secure the Electric Business Licence (EBL) for a domestic key […]

  • Ørsted’s Offshore Revenue Soaring in 2021

    3 November 2021
    Business & Finance

    Ørsted has reported a 43 per cent increase in revenue in its Offshore segment for the third quarter and a 32 per cent increase for the first nine months of this year, both compared to the same periods of 2020. While the company’s operating profit (EBITDA) in the Offshore segment halved in the third quarter […]

  • Virginia Pilot Offshore Wind Farm Entering Construction Phase

    6 May 2019
    Wind Farm Update

    Dominion Energy will begin construction on the Coastal Virginia Offshore Wind project in the coming weeks, the Virginia-based energy company’s chairman, president, and chief executive officer Thomas F. Farrell said. The Coastal Virginia Offshore Wind project will comprise two offshore wind turbines with a combined capacity of 12MW installed in a federal lease area in the Mid-Atlantic some […]

  • Spica Technology Secures Burbo Bank Extension Contract

    29 May 2019
    Operations & Maintenance, Technology

    Spica Technology is to deliver 32 remote maintenance platforms to be installed on the wind turbines of Ørsted’s Burbo Bank Extension wind farm in Liverpool Bay, UK. The 258MW wind farm comprises 32 MHI Vestas 8MW wind turbines which have been in operation since May 2017. The remote maintenance platform is an add-on data collection system […]

  • WSP Joins Changhua 1 and 2a Team

    15 July 2019
    Contracts & Tenders

    Ørsted has awarded WSP with a contract to provide engineering services for the Changhua 1 and 2a offshore wind project in Taiwan. Located 35 to 50 kilometers off the coast of Changhua County, the Changhua 1 and 2a offshore wind farms will have a total capacity of approximately 900MW. The projects will be led by […]

  • BREAKING: Ørsted Receives Development Consent for 2.6 GW Hornsea Four Offshore Wind Farm

    13 July 2023
    Authorities, Wind Farm Update

    The UK Secretary of State for Energy Security and Net Zero has granted development consent to Hornsea Project Four, a 2.6 GW offshore wind farm Ørsted plans to build some 69 kilometres off the Yorkshire Coast. The UK government, in a press release issued on 12 July, stated that Hornsea Four was the 126th Nationally […]

  • Wind of Hope Readies For Hornsea Wind Farms

    9 August 2021
    Operations & Maintenance, Ports & Logistics, Vessels, Wind Farm Update

    Ørsted’s new service operations vessel (SOV) Wind of Hope has arrived in the Port of Grimsby in the UK to prepare for working out at sea on the world’s largest offshore wind farms. Up to 60 of Ørsted’s wind turbine technicians will call the 84-metre vessel home for two weeks at a time, whilst they […]

  • Scottish Fire Safety System Provider Bags Contract with Ørsted for Nine Offshore Wind Farms

    13 June 2024
    Contracts & Tenders, Equipment, Supply Chain

    Blaze Manufacturing Solutions, a Scotland-based fire safety system provider to the global energy industry, has signed a contract with Ørsted for nine North Sea offshore wind farms. The contract, signed earlier this year, covers fire protection and detection on Ørsted’s offshore wind farms, including Hornsea 1 and Hornsea 2 in the UK, for the next […]

  • Ørsted to Begin Surveys at Hornsea Three’s Kittiwake Nesting Sites

    11 November 2022
    Environment, Wind Farm Update

    As part of its development of the 2.9 GW Hornsea Three offshore wind farm in the UK, Ørsted is also required to implement compensation measures for the protection of the Black-legged kittiwake. Now, the company is starting surveys at the locations where artificial nesting structures for kittiwake are proposed to be set up. The offshore wind […]

  • Ørsted Taps TÜV NORD for German Offshore Wind Duo

    9 March 2021
    Wind Farm Update

    Ørsted has commissioned TÜV NORD to certify the submarine cables for the Borkum Riffgrund 3 wind farm, and the transformer station and the submarine cables for the Gode Wind 3 wind farm in the German North Sea. With 83 turbines and a total capacity of 900 MW, Borkum Riffgrund 3 will be the largest wind […]

  • Inter-Array Cable Issue to Leave EUR 403 Million Mark on Ørsted

    29 April 2021
    Business & Finance

    An inter-array cable issue on several Ørsted’s offshore wind farms in the UK and Continental Europe could have a total financial impact around DKK 3 billion (around EUR 403 million) across 2021 to 2023, the company reported in its latest financial results. A cable failure was discovered during an inspection campaign at the Race Bank […]

  • Marine Designs Installs Pontoon for Ørsted in Barrow

    20 March 2018
    Vessels

    Marine Designs has installed a new pontoon in Barrow, which will serve for the berthing of crew transfer vessels (CTVs) working on Ørsted’s offshore wind farms.

  • Ørsted and CPower Sign Staff Supply Deal

    19 February 2019
    Business & Finance, Contracts & Tenders

    Ørsted has contracted CPower Energy to provide personnel for its offshore wind projects in the Netherlands. Under the five-year contract, CPower will supply the full range of personnel, from project managers to high voltage engineers, client representatives, administrative staff, site technicians and general engineers. The UK-based company will initially work for the Borssele 1 and 2 offshore […]

  • Correll Secures Work on Ørsted’s German Offshore Wind Couple

    9 June 2023
    Contracts & Tenders, Grid Connection, Wind Farm Update

    The Correll Group, Electrical Engineering Division has secured a contract with Prysmian Powerlink for the testing and terminations of the 66 kV inter-array cables and offshore substation topside on the GodeWind 3 and Borkum Riffgrund 3 offshore wind farms in Germany. The project will be completed in three phases, said the Correll Group. The first […]

  • Ørsted Posts Strong Results, Sees No Significant Impact from COVID-19

    29 April 2020
    Business & Finance

    Leading offshore wind developer Ørsted reported an operating profit (EBITDA) of DKK 6.8 billion (EUR 912 million) for the first quarter of 2020, a 33 percent increase compared to the same period the year before. Net profit amounted to DKK 3.3 billion and return on capital employed (ROCE) came in at 11 percent for the […]

  • Total Joins Ørsted and Elicio in Dunkirk Offshore Wind Bid

    18 February 2019
    Business & Finance

    Ørsted, Total and Elicio are joining forces with an aim to submit a bid for the Dunkirk offshore wind project in France. The three parties are creating an industrial consortium to submit the joint bid for a power capacity of up to 600MW. “Our recognized offshore oil and gas know-how combined with Ørsted market-leading expertise across […]

  • Hellenic Cables’ Inter-Array Links for Two More US Offshore Wind Farms

    1 February 2023
    Contracts & Tenders, Wind Farm Update

    Greek cable manufacturer Hellenic Cables, owned by Belgian Cenergy Holdings, has signed contracts with Ørsted and Eversource for the supply of inter-array cables for their South Fork Wind and Revolution Wind offshore wind projects in the United States. Under the contracts, Hellenic Cables will design, manufacture, test and supply some 260 kilometres of 66 kV […]

  • Ørsted Hires Solstad Construction Support Vessel for Taiwanese Work

    7 September 2020
    Contracts & Tenders, Vessels

    Solstad Offshore has signed an agreement with Ørsted to deploy construction support vessel (CSV) Normand Jarl on the Greater Changhua 1 & 2a offshore wind project in Taiwan. Normand Jarl is scheduled to begin working offshore Taiwan in the second quarter of 2021. The firm period on the contract is 15 months with options to […]

  • Equinor Exits Vietnamese Offshore Wind Market

    26 August 2024
    Business & Finance, Fixed-Bottom

    Equinor has decided to leave the offshore wind market in Vietnam and close its office in Hanoi, following a review of its renewable energy portfolio and with the industry “facing significant headwinds”, a company spokesperson told Reuters. The Norwegian state-owned energy company established an office in Hanoi in May 2022 to pursue opportunities within offshore […]

  • South Fork Partners Award Onshore Work to Local Construction Company

    17 January 2022
    Contracts & Tenders, Grid Connection, Wind Farm Update

    Eversource and Ørsted have selected Long Island-based contractor Haugland Energy Group to install the underground duct bank system for the onshore transmission line for their 132 MW South Fork offshore wind farm and to lead the construction of the project’s onshore interconnection facility located in East Hampton, New York. David Hardy, Chief Executive Officer of […]

  • Ørsted’s East Coast Community Fund Achieves Milestone Round

    7 November 2019
    Business & Finance

    Ørsted has allocated grants from the sixth round of its East Coast Community Fund, marking a milestone with the total funds awarded exceeding the million pound mark. 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. In this sixth […]

  • Neptune Energy, Ørsted Explore Powering North Sea Energy Hubs with Offshore Wind

    29 December 2022
    Business & Finance

    Oil and gas company Neptune Energy and offshore wind developer Ørsted have partnered up to explore powering new integrated energy hubs in the UK North Sea with offshore wind-generated electricity. The two parties and Goal7 have signed a Memorandum of Understanding (MoU) to examine the potential to supply renewable electricity from Ørsted’s Hornsea offshore wind projects […]