2199 results found for 'Ørsted'

2199 results found for 'Ørsted'
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  • Edda Wind Sells SOV Chartered by Ørsted

    21 March 2025
    Business & Finance, Vessels

    Edda Wind, through its subsidiary West Energy, has entered into a sale and purchase agreement with a holding company established by Northern Offshore Services (N-O-S) and the Swedish shipping company Rederi AB Älvtank for all outstanding shares in Puerto de Llafranc S.L., the registered owner of the service operations vessel (SOV) Mistral Enabler, which is currently […]

  • Portuguese Company Secures First Offshore Wind Contract for 1.5 GW Baltica 2

    20 March 2025
    Business & Finance, Contracts & Tenders, Supply Chain

    Etermar Energia has been awarded a contract by Ørsted and PGE Polska Grupa Energetyczna (PGE) for the delivery of secondary foundation structures for the 1.5 GW Baltica 2 offshore wind farm in Poland. The contract, which marks Etermar Energia’s first major deal in the offshore wind industry, includes manufacturing and supplying secondary foundation structures for […]

  • Scottish Council Greenlights Onshore Plans for Salamander Floating Wind Farm

    27 March 2025
    Authorities, Floating Wind, Grid Connection, Onshore Infrastructure, Planning & Permitting

    Salamander Offshore Wind Farm, being developed by a joint venture between Ørsted, Simply Blue Group, and Subsea7, has been awarded planning permission in principle for the onshore aspects of its proposed floating project in Scotland. The submission was made to Aberdeenshire Council for the onshore substation and associated infrastructure in August 2024 under the Town […]

  • Norway’s Sovereign Wealth Fund Buys Into Large-Scale German, Danish Offshore Wind Projects

    31 March 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Norges Bank Investment Management (NBIM), which manages the international investments of the Norwegian sovereign wealth fund and Norges Bank’s foreign exchange reserves, is acquiring ownership in RWE’s Nordseecluster and Thor offshore wind farms, a 49 per cent stake in each. RWE said on 31 March that it had signed an agreement with NBIM for an agreed […]

  • Cadeler’s Wind Maker Arrives in Taiwan Ahead of Work at Ørsted’s Greater Changhua 2b & 4 Sites

    19 March 2025
    Vessels

    Cadeler’s recently delivered wind turbine installation vessel, Wind Maker, has arrived in Taichung, Taiwan, from where it will sail out to the Greater Changhua 2b and 4 offshore wind project sites. Wind Maker set sail from Singapore and has arrived in Taichung, marking an important milestone for the Greater Changhua 2b and 4 offshore wind […]

  • Pre-Construction Surveys Starting at 2.4 GW Hornsea Four Offshore Wind Farm Site

    10 March 2025
    Fixed-Bottom, Project Updates, Wind Farm Update

    As part of the pre-construction works at the Hornsea Four offshore wind farm site in the UK, Ørsted will carry out a geophysical survey campaign, starting in late March/early April, to investigate the physical characteristics of the seabed. The data acquired from the campaign will be used for detailed foundation design and installation activities, jack-up […]

  • Gode Wind 3 Enters Commercial Operation

    6 March 2025
    Business & Finance, Project Updates, Wind Farm Update

    The Gode Wind 3 offshore wind farm in the German North Sea is now fully commissioned, following the completion of the final testing on 28 February. The offshore wind farm, jointly owned by Ørsted and Nuveen Infrastructure, comprises 23 Siemens Gamesa 11 MW wind turbines which, with a rotor diameter of 200 metres, are currently […]

  • Ørsted, PGE Hire ABL for 1.5 GW Baltica 2 Offshore Wind Project

    10 March 2025
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Supply Chain

    ABL has been contracted by PGE Polska Grupa Energetyczna (PGE) and Ørsted to provide marine warranty survey (MWS) services to support the offshore construction of the 1.5 GW Baltica 2 wind farm in the Polish Baltic Sea. ABL’s scope of work covers the marine transportation and installation of the 107 wind turbines. Under the terms […]

  • SeAH Wind Picks Partners for Hornsea 3 Offshore Wind Project

    6 March 2025
    Business & Finance, Contracts & Tenders, Supply Chain

    SeAH Wind has selected Mammoet, Glacier Energy, and Hutchinson Engineering as key subcontractors for the 2.9 GW Hornsea 3 offshore wind farm in the UK. With commercial production set to commence in the coming months, these subcontractors have been selected to provide support with operational and logistical services within the 120-acre site located on the […]

  • PGE Baltica Contracts Local Company to Build O&M Base for Polish Offshore Wind Farms

    5 March 2025
    Business & Finance, Operations & Maintenance

    PGE Baltica, owned by PGE Polska Grupa Energetyczna, has selected local company Doraco as the general contractor of the operational and service (O&M) base for the offshore wind farms in Ustka, Poland. The O&M base will consist of an office and warehouse building, a maneuvering area, and a quay where service units will moor to transport […]

  • Global Offshore Wind to Rebound in 2025, Adding 19 GW of Capacity – Rystad Energy

    4 March 2025
    Industry, Market Outlooks, Outlook & Strategy

    According to research from Norway-headquartered Rystad Energy, the global offshore wind industry is set for a rebound in 2025, with capacity additions expected to reach 19 GW and sector-wide expenditure projected to hit USD 80 billion (approximately EUR 76 billion). A record wave of lease auctions is driving the resurgence, said Rystad Energy, with the […]

  • Seabed Investigations to Soon Start at Hornsea Three Offshore Wind Farm Site

    19 February 2025
    Fixed-Bottom, Project Updates, Wind Farm Update

    Seabed investigations using a remotely operated vehicle (ROV) are scheduled to start at the site of Ørsted’s Hornsea Three offshore wind farm in the UK on 1 March. A work-class ROV will be deployed from a DP vessel to investigate discrete areas of the seabed, both in the array site and on the export cable […]

  • Ørsted Kicks Off Offshore Construction of 920 MW Taiwanese Wind Farms

    18 February 2025
    Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted has commenced the offshore construction for the 920 MW Greater Changhua 2b and 4 offshore wind farms, located 35-60 kilometres off the coast of Changhua County, Taiwan. Greater Changhua 2b and 4 were awarded in June 2018 as part of Taiwan’s first competitive price-based auction, which had no mandatory local content requirements. In July […]

  • Munich Airport Looking to Procure Offshore Wind Power

    4 March 2025
    Business & Finance, Contracts & Tenders

    Flughafen München GmbH, the operator of Munich Airport, has launched a tender for the supply of electricity from an offshore wind farm that will go into operation in 2026 or 2027. The airport operator is looking to award a ten-year power purchase agreement (PPA) for 40 GWh of electricity per year, generated by an offshore wind […]

  • Greater Changhua 2b & 4 Offshore Substation Topside En Route to Taiwan

    12 February 2025
    Fixed-Bottom, Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    The offshore substation topside for Ørsted’s Greater Changhua 2b and 4 wind farms has departed from Singapore and is en route to Taichung Port in Taiwan. The construction of the offshore substation that will be installed at the Greater Changhua 2b and 4 wind farm sites commenced in 2023 at Seatrium‘s Pioneer yard in Singapore. […]

  • Ørsted Slims Down Investment Programme, Discontinues Previous Renewable Energy Capacity Target

    7 February 2025
    Business & Finance, Fixed-Bottom, Floating Wind, Planning & Permitting

    Ørsted will reduce the investment programme the company planned to implement by 2030 by around 25 per cent, saying the reduction was in line with its commitment to ensure a capital structure that can support a solid investment grade credit rating. The slimmed-down strategic investment programme will not affect Ørsted’s construction portfolio which totals 9 […]

  • New Jersey Exploring Alternative Uses for Its Offshore Wind Port

    18 February 2025
    Business & Finance, Fixed-Bottom, Ports & Logistics

    The New Jersey Economic Development Authority (NJEDA), which has developed the New Jersey Wind Port on behalf of the New Jersey State, is assessing options and alternatives for the hub-style port for offshore wind as the market is facing challenges. The offshore wind port is located in Lower Alloways Creek, Salem County, and is being […]

  • Mads Nipper Steps Down from Leading Ørsted, Rasmus Errboe Named New CEO

    31 January 2025
    Business & Finance, Fixed-Bottom, Floating Wind

    Rasmus Errboe, Ørsted’s current Deputy CEO and Chief Commercial Officer, has been named Group President and CEO and will assume the role held by Mads Nipper for the last four years on 1 February. “The renewable energy market has fundamentally changed since January 2021. The impacts on our business of the increasingly challenging situation in […]

  • 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 […]

  • GWS, Swire Secure O&M Contract for Horns Rev 1 Offshore Wind Farm

    10 February 2025
    Contracts & Tenders, Fixed-Bottom, Operations & Maintenance, Supply Chain

    Vattenfall has awarded contracts to Swire Energy Services and Global Wind Service (GWS) for operations and maintenance (O&M) work on Horns Rev 1, the world’s first large-scale offshore wind farm, which is operating offshore Denmark. The contracts, worth approximately EUR 15 million in total, cover preventative services and additional O&M campaigns. The work is set […]

  • Seaway7 Awards Trenching Services Contract for Hornsea 3 Offshore Wind Farm in UK

    6 February 2025
    Business & Finance, Cables, Contracts & Tenders, Fixed-Bottom, Grid Connection, Supply Chain

    Seaway7, part of the Subsea7 Group, has awarded Houston-headquartered Helix Robotics Solutions a contract for the burial of inter-array cables at the Hornsea 3 offshore wind farm site in the UK. The contract is expected to last over 300 days and is scheduled to commence in the third quarter of 2026. Under the contract, Helix […]

  • EIB, EBRD Lend EUR 600 Million to Build ‘EU’s Largest Offshore Wind Farm’

    3 February 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    The European Investment Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have entered into agreements with the Baltica 2 offshore wind farm developer(s) to provide a total of EUR 600 million in financing for the 1.5 GW Polish offshore wind project, EUR 400 million coming from EIB and EUR 200 million from EBRD. Ørsted […]

  • Cadeler Inks Reservation Agreement for Ocean Winds’ Polish Offshore Wind Farm

    7 February 2025
    Business & Finance, Vessels

    Ocean Winds and Cadeler have signed a vessel reservation agreement for the installation of the turbines at the BC-Wind offshore wind farm in the Polish Baltic Sea. The potential value of the contract to be negotiated during the pendency of the reservation agreement is estimated to be between EUR 48 million and EUR 56 million. […]

  • TenneT Awards Retrofit Contract for German Offshore Converter Station

    19 March 2025
    Business & Finance, Contracts & Tenders, Grid Connection, Offshore Platforms, Supply Chain

    Bluestream Offshore, a subsidiary of OEG Energy, has been awarded a contract by transmission system operator (TSO) TenneT for the retrofit installation of a corrosion protection system on the SylWin alpha offshore converter station for the SylWin1 offshore grid connection in Germany. The award is for the subsea installation of an Impressed Current Cathodic Protection […]

  • Ørsted, PGE Take Final Investment Decision on 1.5 GW Baltica 2 Offshore Wind Farm

    30 January 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted and PGE Polska Grupa Energetyczna (PGE) have taken the final investment decision (FID) on the 1.5 GW Baltica 2, which is the first stage of the Baltica Offshore Wind Farm in the Polish Baltic Sea. Located approximately 40 kilometres off the Polish coast near Ustka, Baltica 2 has a 25-year inflation-protected contract for difference […]

  • 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 […]