178 results found for 'hornsea 1 '

178 results found for 'hornsea 1 '
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  • Brookfield Buys Into Ørsted’s Four Operational Offshore Wind Farms in UK

    30 October 2024
    Business & Finance, Project Updates, Wind Farm Update

    Global investment firm Brookfield has bought minority stakes in four UK offshore wind farms owned and operated by Ørsted for around GBP 1.75 billion (approximately EUR 2.1 billion). The buy-in, which Brookfield is pursuing through Brookfield Infrastructure Fund V, will see the investment firm acquiring 12.45 per cent in Hornsea 1, Hornsea 2, Walney Extension, […]

  • South Korean Firm to Supply Power Equipment for Ørsted’s Hornsea 4 Offshore Wind Farm

    4 November 2024
    Business & Finance, Contracts & Tenders, Equipment, Fixed-Bottom, Grid Connection, Supply Chain

    Denmark’s Ørsted has awarded a contract to Hyosung Heavy Industries for the supply of ultra-high voltage power equipment for the Hornsea 4 offshore wind farm in the UK. Under the contract, the South Korean company will supply 400 kV ultra-high voltage transformers and reactors, essential components for improving power quality for the 2.4 GW Hornsea […]

  • Seaway7 to Wire Ørsted’s Hornsea 3 Offshore Wind Farm

    30 October 2024
    Business & Finance, Cables, Contracts & Tenders, Grid Connection, Supply Chain

    Ørsted has awarded Seaway7, part of the Subsea7 Group, a contract for the transport and installation (T&I) of the inter-array cables at the Hornsea 3 offshore wind project in the UK. Seaway7’s scope of work covers the transportation and installation of 192 66 kV inter-array cables, measuring approximately 500 kilometres in length, with offshore activities […]

  • Hornsea 3 Offshore Substation Jackets Start Taking Shape

    22 August 2024
    Contracts & Tenders, Foundations, Manufacturing, Supply Chain

    Heerema has commenced the construction of offshore substation jackets for the 2.9 GW Hornsea 3 wind farm in the UK, kicking off with a steel-cutting ceremony. On 20 August, the company held the first steel-cutting ceremony for the jackets at Heerema Vlissingen in the Netherlands. Ørsted, the developer of the Hornsea 3 offshore wind project, […]

  • CHC Helicopter to Transport Sofia Offshore Wind Farm Crew During Construction

    9 August 2024
    Contracts & Tenders, Fixed-Bottom, Supply Chain

    RWE has awarded a contract to CHC Helicopter for crew change support at the Sofia offshore wind farm, currently under construction on Dogger Bank, 195 kilometres from the North East coast of the UK. According to CHC Helicopter, this is the first time RWE has contracted a helicopter service during the construction phase of an […]

  • Ørsted to Buy Tesla Battery Energy Storage for Giant UK Offshore Wind Farm

    12 June 2024
    Business & Finance, Contracts & Tenders, Fixed-Bottom, Power-to-X, Project Updates, Storage, Wind Farm Update

    Ørsted has taken a final investment decision (FID) on battery energy storage for its 2.9 GW Hornsea 3 offshore wind farm in the UK, where the developer will use a Tesla system with a capacity of 600 MWh and a power rating of 300 MW. The battery energy storage system (BESS) will be installed in […]

  • 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 Selects Balmoral to Shield Hornsea 3 Cables

    2 May 2024
    Business & Finance, Cables, Contracts & Tenders, Grid Connection, Supply Chain

    Balmoral Comtec, a Balmoral Group company, has been awarded a multi-billion-pound contract for the supply of cable protection systems for Ørsted’s Hornsea 3 offshore wind farm in the UK. The scope of work includes design engineering which will take place at Balmoral Comtec’s Aberdeen facility, supply of 400 cable protection systems, and handling and installation […]

  • ‘World’s First’ O&M Campaign Using Heavy-Lift Cargo Drones Underway at Dutch Offshore Wind Farm

    7 August 2024
    Fixed-Bottom, Operations & Maintenance, Project Updates, Technology, Wind Farm Update

    Ørsted has deployed heavy-lift cargo drones (HLCDs) for maintenance work at the Borssele 1&2 offshore wind farm in the Netherlands. This is the first time heavy-lift cargo drones are being used in an operational campaign, according to the company which tested the concept in 2023 at its Hornsea One offshore wind farm in the UK. […]

  • ‘World’s First’ Green Fuel SOV Hits the Water

    4 June 2024
    Vessels

    The “world’s first” e-methanol-fueled service operation vessel (SOV) was launched at Cemre Shipyard in Türkiye on Saturday, 1 June. In April 2022, Esvagt and Ørsted decided to invest in what the companies described as the world’s first SOV that can operate on green fuels. A month later, Cemre Shipyard received an order to build the […]

  • Ørsted Has 6.7 GW of Offshore Wind Under Construction

    1 March 2024
    Business & Finance, Business development, Fixed-Bottom

    Ørsted has 6.7 GW of offshore wind under construction in 2024 across several projects worldwide, more than ever before in the company’s history, according to a recent newsletter from the global offshore wind developer. The capacity the company has under construction this year is significantly contributed by the Hornsea 3 offshore wind farm in the […]

  • Ørsted Completes Exec Team Overhaul

    27 February 2024
    Business & Finance

    Ørsted’s Group Executive Team will see Trond Westlie and Patrick Harnett joining on 1 April following Ørsted’s Board of Directors appointing Westlie as the next Group Chief Financial Officer (CFO) and member of the Executive Board, and Harnett as the Chief Operational Officer (COO) on 27 February. The appointments follow a decision from November last […]

  • Ørsted Contracts Jan De Nul for Hornsea 3 Export Cable Installation

    25 January 2024
    Cables, Contracts & Tenders, Grid Connection, Supply Chain

    Ørsted and Jan De Nul Group have signed the offshore export cable installation contract for the 2.9 GW Hornsea 3 offshore wind farm in the UK. This is the first offshore HVDC installation contract awarded by Ørsted in the UK, the company said. Belgium-headquartered Jan De Nul Group will be responsible for the seabed preparation, […]

  • BlackRock to Buy Renewables Investor Global Infrastructure Partners for USD 12.5 Billion

    15 January 2024
    Business & Finance, Industry

    US-based investment company, BlackRock, has agreed to buy compatriot independent infrastructure fund manager, Global Infrastructure Partners (GIP), in a USD 12.5 billion cash and shares deal. Under the deal, the world’s largest asset manager will take over GIP for USD 3 billion in cash and approximately 12 million shares of BlackRock common stock. Founded in […]

  • Offshore Wind Accounts for 45 Pct of NKT’s High-Voltage Order Backlog

    21 February 2024
    Business & Finance, Cables, Grid Connection, Manufacturing, Supply Chain

    Subsea power cable manufacturer NKT has reported a record-high order backlog for high-voltage cables for 2023, with 45 per cent of orders coming from offshore wind. At the end of last year, NKT’s order backlog was at EUR 10.8 billion, more than double the company saw at the end of 2022. In its full-year 2023 […]

  • Ørsted Greenlights 2.9 GW Hornsea 3 Offshore Wind Farm

    21 December 2023
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted has taken the final investment decision (FID) on what the company says is the world’s single largest offshore wind farm, the 2.9 GW Hornsea 3, which is expected to be completed around the end of 2027. In July 2022, Ørsted was awarded a contract for difference (CfD) for Hornsea 3 at an inflation-indexed strike price of […]

  • Planning Inspectorate to Issue Hornsea 1 Recommendations

    8 September 2014
    Authorities

    The Examining Authority has until Wednesday to issue recommendations on the Hornsea offshore wind farm Project One. The Authority will write a report setting out their conclusions on the application, and stating the  reasons for those conclusions. The report will make a recommendation to the Secretary of State for Energy and Climate Change who will […]

  • Race Bank, Hornsea 1 Community Fund Open for Consultation

    12 July 2016

    A GBP 10 million East Coast Community Fund announced in April by DONG Energy is now open to public consultation, with national grant-making charity GrantScape appointed to complete the consultation process and to administer the Fund. The Fund will ensure that local people benefit from the operation of two of the DONG Energy offshore wind farms […]

  • Ørsted’s Offshore Revenue, EBITDA Dip in Q3

    28 October 2020
    Business & Finance

    Danish energy company Ørsted has reported DKK 2.629 billion operating profit (EBITDA) in the Offshore segment in the third quarter of 2020, an 18 per cent decrease compared to DKK 3.223 billion EBITDA reported for the third quarter of 2019. The decrease is mainly due to lower earnings from construction agreements and divestment gains which […]

  • Ørsted Doubles Offshore Wind Earnings in 2023

    7 February 2024
    Business & Finance

    World’s leading offshore wind developer Ørsted has reported an operating profit (EBITDA) of DKK 18.7 billion (about EUR 2.5 billion) for 2023 and expects this year’s operating profit to be between DKK 23 billion and DKK 26 billion (approximately EUR 3 billion and EUR 3.4 billion). This is according to Ørsted’s 2023 annual results, which […]

  • First Subsea Cracks Offshore Wind Market with Hornsea 1 Contract

    20 February 2017
    Business & Finance, Grid Connection, Technology, Wind Farm Update

    Lancaster-based First Subsea, has entered the offshore wind market after signing a multi-million pound contract with DONG Energy to provide cable protection system units for the 1.2GW Hornsea Project One offshore wind farm.

  • RenewableUK: Hornsea 1 Approval Proof that Offshore Wind Sector Is Developing Robustly

    10 December 2014
    Authorities, Wind Farm Update

    RenewableUK says the Government’s announcement on the go-ahead for a major new offshore wind project shows that the sector is developing robustly. Hornsea 1, which will be located 64 miles (103 km) off the East Yorkshire coast, will have an installed capacity of 1.2 gigawatts (GW) – enough to power more than 841,000 British homes. […]

  • Wind Lifts DONG Energy, IPO Within a Year

    27 April 2016
    Business & Finance

    DONG Energy has ended the first quarter of 2016 with DKK 5.2 billion (EUR 699 million) net profit, a 49% increase compared to DKK 3.5bn net profit recorded in the first quarter of 2015, mainly attributed to a strong performance in the Danish energy company’s Wind Power sector. Earnings before interest, taxes, depreciation and amortization […]

  • Crown Estate: Hornsea 1 Pins UK as Global Offshore Wind Leader

    11 December 2014
    Authorities, Wind Farm Update

    The Crown Estate has welcomed the news that the consortium SMart Wind has been granted development consent for Hornsea Project One by the Secretary of State for Energy and Climate Change. The project is scheduled to commence operation by 2020 when it will become the world’s first gigawatt scale far from shore wind farm. Huub […]

  • Far Offshore Pioneer Turns Ten

    17 September 2019
    Wind Farm Update

    Ørsted’s Horns Rev 2 offshore wind farm has marked a ten year anniversary since its official inauguration by HRH The Crown Prince of Denmark on 17 September 2009. At the time of the inauguration, the 209MW Horns Rev 2 was the world’s largest offshore wind farm. Located in the Danish North Sea at a distance […]

  • Ørsted’s Profit Down 52 Per Cent in Q1 2021

    29 April 2021
    Business & Finance

    Ørsted has reported a net profit of DKK 1.6 billion (EUR 215 million) for the first quarter of 2021, a 52 per cent decrease from DKK 3.3 billion from the same period last year. The Danish company saw an operating profit (EBITDA) of DKK 4.9 billion (EUR 659 million) for Q1 2021, a DKK 1.9 […]