2131 results found for 'Ørsted'

2131 results found for 'Ørsted'
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  • 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 Divests Stake in 389 MW UK Offshore Wind Farm for GBP 456 Million

    5 May 2025
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted has divested a 24.5 per cent stake in the 389 MW West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat. The value of the transaction is GBP 456.1 million (approximately EUR 534 million) on a debt-free basis. The transaction closed on 30 April 2025. Ørsted will retain a 25.5 per […]

  • 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 […]

  • 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 […]

  • First Foundation In at Ørsted’s New Offshore Wind Project in Taiwan

    11 April 2025
    Fixed-Bottom, Foundations, Project Updates, Supply Chain, Wind Farm Update

    The first suction bucket jacket (SBJ) foundation has been installed at the Greater Changhua 2b and 4 offshore wind farm site in Taiwan, where wind turbine installation is also set to begin soon. The foundations are being installed by Heerema Marine Contractors’ heavy lift vessel Aegir, which was also used to install the project’s substation […]

  • 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 […]

  • Geotechnical Survey Underway at Ørsted’s Isle of Man Offshore Wind Farm

    24 June 2025
    Authorities, Business development, Planning & Permitting, Research & Development

    A geotechnical seabed survey has started at the project site of Ørsted’s Mooir Vannin Offshore Wind Farm in the Isle of Man’s territorial waters. Ørsted has commissioned GEO to carry out the work six to twelve nautical miles off the coast of Maughold, the area for lease granted to the Danish offshore wind developer 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 […]

  • First Hornsea 3 Offshore Converter Station En Route to Europe

    7 April 2025
    Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    The first of two offshore converter station topsides, planned to be installed at the Hornsea 3 offshore wind farm in the UK, is on its way to Europe following the sailway from Map Ta Phut, Thailand. The topside, completed by Ørsted’s Thailand-based team in partnership with Aibel and Hitachi Energy, is now on a 55-day […]

  • Ørsted Connects First Greater Changhua 2b & 4 Onshore Substation to Grid

    18 April 2025
    Fixed-Bottom, Grid Connection, Onshore Infrastructure, Project Updates, Wind Farm Update

    The first onshore substation of the 920 MW Greater Changhua 2b and 4 offshore wind project in Taiwan has been connected to the Taiwan Power Company (Taipower) onshore substation in the Changhua Coastal Industrial Park. The energisation of the onshore substation for the Greater Changhua 2b part of the project was delivered by Ørsted’s EPC contractor […]

  • Ørsted Awards OEG with Inspection Work on Six Offshore Wind Farms in Germany

    31 March 2025
    Contracts & Tenders, Fixed-Bottom, Supply Chain

    Ørsted has awarded OEG Energy Group with a three-year contract for crane and lift servicing, lifting inspection and maintenance support across six offshore wind farms Ørsted has in Germany. OEG operations and maintenance (O&M) technicians will inspect a total of 337 turbines across the six offshore wind farms, operating from a vessel provided by the […]

  • Ørsted’s Contract with Cadeler for Wind Farm Installation Vessel Terminated

    2 July 2025
    Business & Finance, Contracts & Tenders, Supply Chain

    Denmark’s Cadeler has received a notice of termination from Ørsted in relation to the long-term agreement for one of its wind farm installation vessels. A long-term charter agreement for an A-Class wind farm installation vessel was disclosed by Ørsted on April 8, 2024, securing operational capacity from the first quarter of 2027 through to the […]

  • 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 Suction Bucket Foundations Stand at Greater Changhua 2b Offshore Taiwan

    21 May 2025
    Fixed-Bottom, Project Updates, Wind Farm Update

    All suction bucket jacket (SBJ) foundations have been installed at the Greater Changhua 2b offshore wind farm in Taiwan, being developed by Ørsted. All 24 SBJ foundations have been installed by heavy-lift vessel Aegir from Heerema Marine Contractors at the 337.1 MW Greater Changhua 2b offshore wind farm. Since installing the first foundation in early […]

  • 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 […]

  • 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. […]

  • UXO Removal Work Underway at Hornsea Three Export Cable Route

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

    Ørsted is conducting a confirmed unexploded ordnance (cUXO) removal campaign along the export cable route of the Hornsea Three offshore wind project in the UK and a potential UXO (pUXO) inspection campaign in the array area. As of 14 April, 24 confirmed UXOs within the Hornsea Three export cable route were removed, with the explosive […]

  • ‘World’s First’ E-Methanol-Fuelled SOV Begins Sea Trials

    5 June 2025
    Vessels

    The “world’s first e-methanol-powered service operation vessel (SOV)”, built by Cemre Shipyard for Danish offshore services firm ESVAGT, is undergoing sea trials in Türkiye, the shipyard said in a recent social media post. The NB1094 SOV is equipped with dual-fuel pure methanol engines and batteries. Powered by renewable e-methanol produced from wind energy and biogenic […]

  • Greater Changhua 2b & 4 Offshore Substation Installed

    24 March 2025
    Fixed-Bottom, Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    The offshore substation (OSS) of the Greater Changhua 2b and 4 offshore wind project has been installed at its designated location 47 kilometres off the southwest coast of Taiwan. The OSS components were transported to the site by Boskalis’s vessels Mighty Servant 3 and Transshelf, and the installation of the substation was carried out by […]

  • Ørsted Pulls Plug on 2.4 GW Hornsea 4 Offshore Wind Project in UK

    7 May 2025
    Business & Finance, Project Updates, Wind Farm Update

    Ørsted has discontinued the development of the UK’s Hornsea 4 offshore wind farm in its current form. The developer said the 2.4 GW project has faced rising supply chain costs, higher interest rates, and increased construction and delivery risks since the Contract for Difference (CfD) award in Allocation Round 6 (AR6) in September 2024. In […]

  • Surveys for Ørsted’s Australian Offshore Wind Projects Completed

    14 May 2025
    Business development, Project Updates, Research & Development, Wind Farm Update

    Ørsted has completed geotechnical and geophysical investigations at two Gippsland offshore wind farm sites in Australia. Using specialist vessels and equipment, the developer tested approximately 60 locations across its two feasibility licence areas by scanning and sampling the seabed in the Bass Strait off the Gippsland coast. The data should help Ørsted understand the composition […]

  • Management Plan Approved for Ørsted’s Australian Offshore Wind Farms

    27 March 2025
    Authorities, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    The feasibility stage management plan for Ørsted’s Gippsland offshore wind farms 1 and 2 has been approved by Australia’s Offshore Infrastructure Regulator (OIR). The management plan details how activities will be safely carried out in compliance with the Offshore Electricity Infrastructure Act (OEI Act). The plan allows the developer to begin feasibility activities, including a […]

  • Hornsea 3 Offshore Converter Station Topside Arrives in Norway for Final Outfitting

    18 June 2025
    Fixed-Bottom, Grid Connection, Offshore Platforms, Project Updates, Wind Farm Update

    The first of two offshore converter station topsides for Ørsted’s Hornsea 3 offshore wind farm has arrived in Haugesund, Norway. The converter station topside began its journey from Thailand to Norway in April 2025, where it will undergo final outfitting and commissioning. The platform is scheduled for offshore installation next year. Aibel and Hitachi Energy […]

  • Smulders Wins Contract for Poland’s Baltica 2 Offshore Wind Farm

    19 May 2025
    Business & Finance, Contracts & Tenders, Supply Chain

    PGE Polska Grupa Energetyczna (PGE) and Ørsted have signed a contract with Smulders for the manufacturing of suspended internal platform cages for the 1.5 GW Baltica 2 offshore wind farm in Poland. The additional steel structures for the foundations allow operational crews access to the wind turbine and the distribution box for technical interventions. The […]

  • 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 […]

  • 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 […]