2040 results found for 'Ørsted'

2040 results found for 'Ørsted'
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  • 31 December 2018
    Authorities, Contracts & Tenders, Wind Farm Update

    Connecticut’s Department of Energy and Environmental Protection has selected Ørsted’s Revolution Wind project to move forward to negotiate a fixed-price power purchase agreement (PPA) with the state’s power distribution companies for 0.42TWh per year equivalent to 100MW offshore wind capacity.

  • 1 November 2018
    Wind Farm Update

    Ørsted is expecting a faster ramp-up of generation from the 450MW Borkum Riffgrund 2 offshore wind farm due to good progress on offshore construction which will be completed in the fourth quarter of 2018.

  • 9 June 2021
    Business & Finance, Contracts & Tenders

    Ørsted has established a long-term partnership with Fred. Olsen Renewables and Hafslund Eco to develop offshore wind in Norway and to compete in Norway’s upcoming application round for offshore wind areas. The three parties see the cooperation as the perfect fit for realising large-scale offshore wind projects in combination with an offshore grid, the Danish […]

  • 28 November 2018
    Business & Finance

    Ørsted has raised its 2025 offshore wind target from 11-12GW to 15GW as part of the group’s development plan to invest DKK 200 billion (approximately EUR 26.8 billion) in renewable energy in the next seven years.

  • 18 November 2020
    Business & Finance, Jobs & Recruitment

    Ørsted and North America’s Building Trades Unions (NABTU) have signed a Memorandum of Understanding (MoU) to develop the next generation offshore wind workforce in the U.S. The partnership will create a national agreement designed to transition U.S. union construction workers into the offshore wind industry, in collaboration with the leadership of the 14 U.S. NABTU […]

  • 17 May 2021
    Business & Finance

    Ørsted has appointed a new Chief Operating Officer (COO) and member of the Executive Committee, following a decision to reorganise the company to position it for future growth. As of 1 June, the offshore wind developer’s COO will be Richard Hunter, who comes from a position as President of Rail Control Solutions and Wayside at […]

  • 1 April 2021
    Contracts & Tenders

    The UK-based company Geowynd has signed a contract with Ørsted for the provision of consulting and engineering services for the Borkum Riffgrund 3 offshore wind farm in Germany. Geowynd will provide numerical analysis and advanced soil parameterisation for monopile foundation design at the Borkum Riffgrund 3 offshore wind farm, located in the German sector of […]

  • 27 December 2021
    Contracts & Tenders, Operations & Maintenance, R&D, Technology, Vessels, Wind Farm Update

    Scottish engineering innovator Pict Offshore has signed a deal with Ørsted to deploy the ‘Get Up Safe’ (GUS) motion-compensated lifting system at New York’s first offshore wind farms. The deal with Pict Offshore will see the system deployed at the 132 MW South Fork Wind offshore wind farm, as well as two further projects off […]

  • 8 January 2018
    Business & Finance

    Samuel Leupold, CEO of Ørsted Wind Power, has decided to resign from the company and will leave Ørsted on 28 February 2018. He will be succeeded by Martin Neubert, currently Senior Vice President at Ørsted Wind Power, who will take over the position from 1 February.

  • 6 September 2018
    Operations & Maintenance, Wind Farm Update

    The 659MW Walney Extension offshore wind farm was officially opened on Thursday, 6 September, at a ceremony in Barrow in the north-west of England.

  • 1 December 2021
    Business & Finance, Wind Farm Update

    Ørsted has taken the final investment decision (FID) on the 242 MW Gode Wind 3 and the 900 MW Borkum Riffgrund 3 offshore wind farms in the German North Sea. Gode Wind 3 and Borkum Riffgrund 3 are expected to be commissioned in 2024 and 2025, respectively. Jörg Kubitza, Managing Director for Ørsted in Germany, […]

  • 30 October 2023
    Business development, R&D, Research & Development, Technology

    Ørsted has become “the first offshore wind company in the world” to use giant autonomous drones to transport cargo to wind turbines. The Danish offshore wind giant is testing the drones to transport cargo from vessels to its 1.2 GW Hornsea One project in the UK. Building on its previous experience using smaller drones in […]

  • 12 November 2021
    Business & Finance, Wind Farm Update

    Ørsted has signed a EUR 175 million, 8-year loan agreement with the Nordic Investment Bank (NIB) for co-financing its investment in the Borssele 1 & 2 offshore wind farm in the Netherlands. Together with the loan agreement closed with the European Investment Bank (EIB) on 6 September, the intended long-term financing of Ørsted’s investment in […]

  • 6 May 2022
    Business & Finance, Industry, Jobs & Recruitment

    North America’s Building Trades Unions (NABTU) and the offshore wind developer Ørsted have announced a Project Labor Agreement (PLA) to construct the company’s US offshore wind farms with an American union workforce. “A first-of-its-kind in the United States, the National Offshore Wind Agreement (NOWA) sets the bar for working conditions and equity, injects hundreds of […]

  • 30 January 2020
    Business & Finance

    Ørsted has set a target to become carbon neutral by 2025 and achieve a carbon-neutral footprint by 2040.

  • 12 October 2018
    Contracts & Tenders, Wind Farm Update

    Ørsted has signed a contract with Taiwan-based Formosa Heavy Industries for the manufacture of jacket foundation pin piles for the two Changhua offshore wind farms with a combined capacity of 900MW.

  • 13 June 2018
    Wind Farm Update

    Ørsted and its project partners, Macquarie and Sumitomo, officially opened the 573MW Race Bank offshore wind farm on 13 June at a ceremony in Grimsby, UK.

  • 8 September 2020
    Contracts & Tenders, Vessels, Wind Farm Update

    Ørsted has signed crew transfer vessels (CTV) contracts to charter five ships and form a Taiwan-flagged CTV fleet for the construction work on the Greater Changhua 1 & 2a offshore wind farms. These CTVs will be owned and operated by Dong Fang Offshore, a 100 per cent subsidiary of Taiwan’s Hung Hua Construction, and Ventus […]

  • 27 April 2018
    Contracts & Tenders, Operations & Maintenance, Vessels

    Ørsted has signed a Memorandum of Understanding (MoU) with Taiwan Navigation and Eastern Navigation for the development of a local service operations vessel (SOV) solution for the Greater Changhua offshore wind project in Taiwan.

  • 1 December 2021
    Business & Finance, Wind Farm Update

    Amazon has entered into a new long-term corporate power purchase agreement (CPPA) with Ørsted for electricity that will be produced by the Borkum Riffgrund 3 offshore wind farm in Germany. Following the CPPA signed in December 2020, when the Seattle-headquartered technology company signed up for using the power produced by 250 MW of the wind […]

  • 31 March 2023
    Business & Finance, Wind Farm Update

    Ørsted has taken the final investment decision (FID) on the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan, moving them into the construction stage. Onshore work and fabrication of components will start this year and the project construction is scheduled to be completed by the end of 2025. The project is […]

  • 24 August 2023
    Contracts & Tenders, Grid Connection

    UK-based AMS Trenchless has been awarded the cable landing works contract on Ørsted’s Hornsea Three offshore wind farm. AMS Trenchless will undertake specialist works at the landfall site at Weybourne, North Norfolk, where the offshore cables meet the onshore cables. Using Horizontal Directional Drilling (HDD), the North Lincolnshire company will install underground cable ducts that […]

  • 29 April 2022
    Business & Finance, Operations & Maintenance, Wind Farm Update

    Ørsted now expects costs to reinstate the integrity of inter-array cables affected by cable protection issues at some of the company’s offshore wind farms to amount to up to DKK 1.3 billion (around EUR 175 million) and not up to DKK 3 billion as initially anticipated. As reported, Ørsted discovered the issue with Cable Protection […]

  • 18 March 2022
    Authorities, Wind Farm Update

    The Latvian government has rejected the application by Ørsted for an area in Latvian waters for the potential development of offshore wind, citing the need to find a suitable location for ELWIND, a joint national development between Latvia and Estonia, as the reason for the rejection. Last year, Ørsted signed a Memorandum of Understanding with […]

  • 2 December 2020
    Authorities, Business & Finance

    The Danish Tax Agency has decided to tax Ørsted’s Walney Extension and Hornsea One offshore wind farms in the UK and the developer has now announced an appeal to this decision to the Danish Tax Appeals Agency. Namely, Ørsted received an administrative decision on 1 December for the tax years 2015 and 2016, with the […]

  • 15 February 2018
    Operations & Maintenance, R&D, Technology

    Ørsted and the University of Oxford have signed a five-year research agreement to optimize the design of foundation structures for offshore wind turbines.