2228 results found for 'Ørsted'

2228 results found for 'Ørsted'
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  • Orient Cable Wins Contract for China’s ‘Longest’ Offshore Wind Export Cable Route

    14 April 2025
    Cables, Contracts & Tenders, Grid Connection, Supply Chain

    Chinese power cable manufacturer Orient Cable has been awarded two new export cable contracts in its home country, one of which involves the supply of a 500 kV line for what the company says is the longest offshore distance in China’s offshore wind so far. On 14 April, Orient Cable (NBO) said that, in a […]

  • 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 […]

  • Industry Calls for Europe to Auction 100+ GW of New Offshore Wind Capacity in Next Decade, Commits to Lowering LCOE by 30 Pct

    10 April 2025
    Business & Finance, Fixed-Bottom, Floating Wind, Industry

    The European wind industry has proposed a New Offshore Wind Deal for Europe that calls on the governments to auction at least 10 GW of new offshore wind capacity per year, in total, from 2031 to 2040, while the industry has committed to reducing the levelised cost of electricity (LCOE) by 30 per cent by […]

  • 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 […]

  • 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 […]

  • Ørsted Showcases First Taiwan-Made Transition Piece Mock-Up

    6 September 2019
    Ports & Logistics

    Ørsted has marked the completion of the first made-in-Taiwan transition piece mock-up with Sing Da Marine Structure (SDMS), a wholly-owned subsidiary of China Steel Corporation. The mock-up, fabricated by SDMS in Kaohsiung, has demonstrated that local suppliers are on track to prepare for delivery of jacket foundations for Ørsted’s Greater Changhua 1&2a projects, the world’s […]

  • Haizea Reports Record Profit for 2024

    26 March 2025
    Business & Finance, Foundations, Manufacturing, Supply Chain, Wind Turbines

    Haizea Wind Group ended 2024 with a 32 per cent higher revenue and a 211 per cent higher net profit compared to the previous year. The Spanish offshore wind tower and foundation manufacturer says it expects growth in 2025 as well, thanks to its order backlog and primarily the orders from Iberdrola, Ørsted, Vestas, GE […]

  • Ørsted CFO Steps Down

    23 December 2021
    Business & Finance

    Marianne Wiinholt has decided to step down as the Chief Financial Officer (CFO) of Ørsted to accept a position outside the energy industry. Wiinholt served as Ørsted’s CFO for the past eight years and will continue in the role until 30 June 2022 at the latest. ”I have been part of Ørsted’s amazing journey over […]

  • 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 […]

  • 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 Homeports in Port of Taichung

    25 February 2020
    Operations & Maintenance, Ports & Logistics

    Ørsted has signed a wharf lease and a 20-year operations and maintenance (O&M) lease with the Port of Taichung in Taiwan. The leased wharfs will be upgraded and utilized for the construction of the Greater Changhua offshore wind farms, and the O&M site will serve as the O&M base for Ørsted‘s Changhua offshore wind farms […]

  • 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 […]

  • 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 […]

  • Ørsted Gets to Keep the Name

    10 May 2019
    Business & Finance

    The Copenhagen Maritime and Commercial Court has upheld Ørsted’s claim that it has the right to use the Ørsted name. To remind, the Danish offshore wind giant changed its name from DONG Energy to Ørsted in October 2017, following the sale of its upstream oil and gas business and the decision to shift to green energy. The name represents the company’s reference to […]

  • Ørsted Asia-Pacific Head of Region Steps Down

    19 January 2022
    Business & Finance

    Ørsted has announced that Matthias Bausenwein will step down from his position as President of the Region Asia-Pacific and Chairman of Ørsted Taiwan on 20 January. Bausenwein will return to Europe for family reasons and take on a new role outside of Ørsted, the company said. The search for a successor has been activated. In […]

  • New CEO Takes Helm at Ørsted Offshore North America

    22 October 2020
    Business & Finance

    Ørsted has appointed David Hardy as its new chief executive officer for Ørsted Offshore North America. Hardy will immediately replace Thomas Brostrøm, stepping into this position after serving as the company’s president and COO. As CEO, Hardy will oversee all North American offshore wind activities, including development and operations for Ørsted’s current and future portfolio […]

  • Ørsted and SMC Extend Offshore Wind Cooperation

    10 October 2023
    Contracts & Tenders, Operations & Maintenance, Supply Chain

    UK-based Specialist Marine Consultants (SMC) has been awarded two contracts by Ørsted to continue delivering structural inspections above water (SIAW) across the company’s offshore wind portfolio. The SIAW contracts, which will run until 2026, will see SMC continue to deliver inspection and maintenance works of external, internal, and confined space areas of the foundation, transition […]

  • Ørsted Issues Second Green Bond in Taiwan

    4 November 2020
    Business & Finance

    Ørsted has issued its second TWD denominated green bond in Taiwan to raise financing for its continuing investments in the Greater Changhua 1 & 2a offshore wind project. The new unsecured green senior bonds comprise a 7-year TWD 4 billion fixed-rate tranche, a 10-year TWD 3 billion fixed-rate tranche, and a 20-year TWD 8 billion […]

  • 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 […]

  • Ørsted to Open United States Innovation Hub in Rhode Island

    16 January 2020
    R&D, Technology

    Ørsted is opening a United States Innovation Hub in Providence, Rhode Island in early spring as part of its commitment to building an offshore wind industry supply chain in the US. The Innovation Hub will be located in the CIC Providence workspace. To facilitate its mission, the Hub team will leverage Ørsted’s expertise across the […]

  • Ørsted Bases Its North American Digital Operations in Newark

    21 May 2021
    Business & Finance, Operations & Maintenance

    Ørsted will open its North American Digital Operations Headquarters in Newark, New Jersey, the company announced on 20 May. The new office will support Ørsted’s operations throughout North America for both offshore and onshore wind assets, and will initially see over 20 Ørsted staff, including 12-14 new IT positions, being based there in 2021. This […]

  • Ørsted Reshuffling Exec Team Amid ‘Challenging Business Environment’ in the Industry

    14 November 2023
    Business & Finance, Fixed-Bottom, Floating Wind, Industry

    Ørsted’s Chief Financial Officer (CFO) and Chief Operating Officer (COO) are leaving the company, and with immediate effect, as a result of “a challenging and volatile business environment” in the industry, according to the offshore wind major. Ørsted is already head-hunting for the new CFO and COO. Daniel Lerup and Richard Hunter, Ørsted’s now-former CFO […]

  • Ørsted to Build Zero-Emissions Offshore Wind Facility in Maryland

    7 October 2021
    Jobs & Recruitment, Operations & Maintenance, Wind Farm Update

    Ørsted plans to build a nearly USD 20 million emissions-free offshore wind operations and maintenance (O&M) facility in west Ocean City, Maryland, USA. Located on Harbor Road, the facility will service Ørsted’s Skipjack Wind program and create up to 110 temporary and permanent jobs in the community, the developer said. Skipjack Wind 1 is a […]

  • Ørsted Gathers Squad for Second Green Bond in Taiwan

    10 September 2020
    Business & Finance

    Ørsted has appointed BNP Paribas, Cathay United Bank and CTBC Bank as Mandate Lead Arranger’s for a potential TWD denominated green bond issuance in Taiwan. The green bond, set to be issued in Q4 2020, represents Ørsted’s second green bond offering in Taiwan. Ørsted intends to issue the new green bonds for the purpose of […]

  • Ørsted Goes High and Low in German Offshore Wind Auction

    27 April 2018
    Authorities, Business & Finance, Contracts & Tenders, Wind Farm Update

    The German Federal Network Agency (Bundesnetzagentur) has awarded Ørsted the right to build an additional 551.75MW offshore wind capacity in the German North Sea.

  • Ørsted Picks EDS HV SAP Services for UK Wind Farms

    28 November 2017
    Contracts & Tenders, R&D, Technology

    High voltage engineering specialist EDS HV Management has signed a Framework Agreement with Ørsted to provide SAP Services across the company’s range of UK offshore wind farms.