2199 results found for 'Ørsted'

2199 results found for 'Ørsted'
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  • Geotechnical Surveys to Start at Hornsea Four Site in February

    17 January 2025
    Fixed-Bottom, Project Updates, Wind Farm Update

    Geotechnical survey works are scheduled to commence at the Hornsea Four offshore wind farm site in the UK in February 2025. The geotechnical seabed investigations, which include boreholes and cone penetration tests (CPTs), will be conducted using survey vessels Connector, Geoquip Saentis, and Geoquip Seehorn, as well as the support vessel GV Independent, starting from […]

  • All Borkum Riffgrund 3 Offshore Wind Turbines Up

    14 January 2025
    Project Updates, Supply Chain, Vessels, Wind Farm Update, Wind Turbines

    Wind turbine installation at the Borkum Riffgrund 3 offshore wind farm in Germany has been completed with the final Siemens Gamesa 11 MW turbine now installed. The final of the project’s 83 wind turbines was installed by Cadeler using its vessel Wind Osprey, which performed part of the installation work while the other part was […]

  • 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 […]

  • 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 […]

  • 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 […]

  • Marine Environmental Surveys Underway at Ørsted’s Gippsland Offshore Wind Project

    19 December 2024
    Business development, Fixed-Bottom, Research & Development

    Marine environmental baseline surveys for Ørsted’s Gippsland offshore wind project in Australia kicked off in November. According to Ørsted, the survey programme plays a critical role in informing the development of the offshore wind project by assisting the company in understanding all aspects of the Bass Strait marine environment. This includes vessel-based and aerial marine […]

  • 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 Sells Half of Changhua 4 Offshore Wind Farm to Taiwan’s Insurance Company

    11 December 2024
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted has sold a 50 per cent ownership share in the Greater Changhua 4 offshore wind farm to Taiwanese insurance company Cathay Life Insurance, and its affiliate Cathay Wind Power Holdings, for approximately DKK 11.6 billion (around EUR 1.55 billion). The 583 MW Greater Changhua 4 is part of the 920 MW offshore wind project […]

  • 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 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 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 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 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 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 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 and PetroVietnam Form Offshore Wind Partnership

    8 August 2022
    Contracts & Tenders, Grid Connection, Industry

    Ørsted and PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC M&C) have signed a memorandum of understanding (MoU) to launch collaboration on offshore wind projects in Vietnam and globally. This collaboration aims to deliver offshore substations for Ørsted and T&T’s proposed multi-gigawatt pipeline of offshore wind projects in Vietnam, supporting national net-zero targets. In addition […]

  • 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.

  • Ørsted Secures 1.6 GW Offshore Wind Capacity in South Korea

    30 November 2023
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Ørsted has secured an Electricity Business License (EBL) from the Ministry of Trade, Industry and Energy of the Republic of Korea for the 1.6 GW Incheon offshore wind project. The license grants Ørsted exclusive development rights for its gigawatt-scale Incheon offshore wind project which is set to become the largest in Korea on completion and […]

  • Ørsted Secures Sustainability-Linked Loan in Taiwan

    30 August 2023
    Business & Finance, Fixed-Bottom

    Ørsted has signed a NTD 25 billion (EUR 721 million) sustainability-linked revolving loan facility agreement for the developer’s offshore wind farms in Taiwan with a consortium of financial institutions, including nine state-owned banks. Ørsted and the financial institutions have aligned to include sustainable initiatives related to Ørsted’s business operations as key performance indicators to ensure […]

  • Ørsted Sets Greater Changhua Funding Plan

    7 March 2018
    Business & Finance, Wind Farm Update

    Ørsted plans to finance the Greater Changhua offshore wind projects by capital contributions from the Ørsted Group combined with debt capital sourced from local Taiwanese financial institutions.

  • Ørsted Piles On Greater Changhua Pin-Pile Orders

    24 October 2018
    Contracts & Tenders, Wind Farm Update

    Ørsted has signed a contract with CSBC Corporation for the manufacture of ”a significant number” of wind turbine foundation pin-piles for the first 900MW Greater Changhua projects in Taiwan.

  • Ørsted Enters Another Offshore Wind Agreement in South Korea

    21 January 2022
    Business & Finance, Contracts & Tenders

    After signing a memorandum of understanding (MoU) with Korea’s state-owned utility provider Korea Southern Power (KOSPO) for joint development of a 800 MW wind project offshore Incheon City a few days ago, Ørsted has also signed an MoU for the project with Korea Midland Power (KOMIPO), both part of Korea Electric Power Corporation (KEPCO). Under […]

  • Taiwan’s First Far Offshore and Large-Scale Wind Project Inaugurated

    25 April 2024
    Fixed-Bottom, Project Updates, Wind Farm Update

    The Greater Changhua 1 and 2a offshore wind project was officially inaugurated at an event in the Port of Taichung, Taiwan, on 25 April 2024. With a total installed capacity of 900 MW, the project is in operation and fully connected to the grid, making it the largest in Taiwan and the Asia-Pacific region, said […]