2044 results found for 'Ørsted'

2044 results found for 'Ørsted'
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  • Bladt Scores Hornsea Two Contract

    3 June 2019
    Contracts & Tenders

    Ørsted has contracted Bladt Industries to produce 135 transition pieces for the Hornsea Project Two offshore wind farm in the UK. The fabrication of the transition pieces is planned to begin this year at Bladt’s site in Aalborg, Denmark, with delivery expected to take place from mid-2020 to mid-2021. “We are proud that Ørsted have trusted Bladt Industries as […]

  • Ørsted Posts Strong Results, Sees No Significant Impact from COVID-19

    29 April 2020
    Business & Finance

    Leading offshore wind developer Ørsted reported an operating profit (EBITDA) of DKK 6.8 billion (EUR 912 million) for the first quarter of 2020, a 33 percent increase compared to the same period the year before. Net profit amounted to DKK 3.3 billion and return on capital employed (ROCE) came in at 11 percent for the […]

  • Inter-Array Cable Issue to Leave EUR 403 Million Mark on Ørsted

    29 April 2021
    Business & Finance

    An inter-array cable issue on several Ørsted’s offshore wind farms in the UK and Continental Europe could have a total financial impact around DKK 3 billion (around EUR 403 million) across 2021 to 2023, the company reported in its latest financial results. A cable failure was discovered during an inspection campaign at the Race Bank […]

  • Ørsted Testing Hybrid CTV at Horns Rev 2

    9 January 2018
    Operations & Maintenance, Ports & Logistics, R&D, Technology, Vessels

    Ørsted is testing a Surface Effect Ship, a hybrid crew transfer vessel (CTV) between a hovercraft and a catamaran, on the route from Esbjerg Port to the Horns Rev 2 offshore wind farm in the Danish North Sea, Umoe Mandal said.

  • PGE and Ørsted to Hold Supply Chain Meeting for Baltica Offshore Wind Farm

    20 April 2022
    Business & Finance

    PGE and Ørsted have invited suppliers to a virtual meeting about the construction of the Baltica offshore wind farm in Poland. During the meeting, to be held on 22 April, investors will present the progress of works related to the development of the Baltica offshore wind farm from connection infrastructure to the transmission system, including […]

  • Atlas Secures More Borssele 1&2 Work

    29 November 2018
    Contracts & Tenders

    Ørsted has awarded Atlas Professionals with a contract to supply personnel for the Borssele 1 & 2 offshore wind farm in the Netherlands.

  • Ørsted’s East Coast Community Fund Achieves Milestone Round

    7 November 2019
    Business & Finance

    Ørsted has allocated grants from the sixth round of its East Coast Community Fund, marking a milestone with the total funds awarded exceeding the million pound mark. The East Coast Community Fund was launched in December 2016 as part of Ørsted’s community engagement program for its Hornsea Project One and Race Bank offshore wind farms. In this sixth […]

  • Highlights of the Month – September 2020

    1 October 2020

    OffshoreWIND.biz brings you the ten most-read articles on the site for the month of September 2020. Orion’s Crane Repair Starts Liebherr has started preparations for the recovery of its HLC 295000 offshore crane on board the Orion vessel, whose hook broke this May, leaving several people injured and damaging the crane and the vessel’s deck. Crane Ordered for First Jones […]

  • Ørsted to Take Full Ownership of Ocean Wind 1 Offshore Wind Project

    18 January 2023
    Contracts & Tenders, Wind Farm Update

    Public Service Enterprise Group (PSEG) has agreed to sell its 25 per cent equity stake in the 1.1 GW Ocean Wind 1 offshore wind project to Ørsted, providing the Danish company with 100 per cent ownership of the US project. “As Ocean Wind 1 has evaluated the optimal way to move forward, it has become […]

  • Construction Permit Sought for Connecticut Offshore Wind Hub

    6 August 2020
    Authorities, Operations & Maintenance, Ports & Logistics

    The Connecticut Port Authority has applied for a permit from the U.S. Army Corps of Engineers for proposed work in the Thames River at State Pier, New London, Connecticut. The proposed project would serve as a long-term, regional offshore wind port facility while continuing to support other existing long-term breakbulk cargo operations. The proposed two-phase […]

  • Ørsted Launches Safety Training Program

    27 August 2020
    Training & Education

    Ørsted has launched an immersive safety training program called Thrive in the Humber region, UK. Located at the MODAL Training Centre in Immingham, the purpose-built facility was created in partnership with training specialists Active Training Team (ATT). Ørsted will initially induct all personnel working on the new Hornsea Two offshore wind project starting from this […]

  • Ørsted in Quest of Offshore Wind Software Team

    7 January 2019
    Contracts & Tenders, Technology

    Ørsted has issued a tender looking for a company to deliver an offshore management system dedicated to its offshore wind farms. Ørsted plans to sign a global framework agreement for the system, which will enable it to coordinate, monitor and supervise offshore activities across multiple wind farms and make logistics data available for further analysis. The […]

  • Nexans Notches First Order Under US Deal with Ørsted and Eversource

    10 March 2022
    Contracts & Tenders, Wind Farm Update

    Nexans has won a contract with Ørsted and Eversource to install and protect the export cable link for the Revolution Wind Farm offshore the US East Coast. The project will connect the wind farm to the onshore grid and help Connecticut and Rhode Island states achieve ongoing commitments to develop offshore wind, the French cable […]

  • PGE, Ørsted Granted 210 MW Seabed Area Offshore Poland

    9 August 2023
    Authorities, Business development, Research & Development, Wind Farm Update

    PGE and Ørsted have been granted a new seabed area for the development of an offshore wind farm in the Polish Baltic Sea. Poland’s Ministry of Infrastructure has given permission for PGE Group and Ørsted to develop up to 210 MW on the 45.E.1 area in the Baltic Sea. The new seabed area is neighboring […]

  • Ørsted Picks Atos Comms Solution for US Offshore Wind Farms

    22 July 2020
    Contracts & Tenders, Operations & Maintenance, Technology

    Ørsted has selected the digital transformation specialist Atos to implement mission-critical communications solutions across the company’s offshore wind farms in the USA. As part of this contract, Atos will be responsible for the whole critical communications value chain; from engineering and design, to installation, testing and commissioning, and a five-year maintenance support. The solution will […]

  • 13 Foundations Up at Borssele 1&2

    30 January 2020
    Wind Farm Update

    DEME Offshore’s jack-up vessel Innovation has installed 13 of the 94 monopile foundations on the 752MW Borssele 1&2 offshore wind farm in the Dutch North Sea, Ørsted said. Innovation is loading the monopiles and transition pieces at Sif’s Maasvlakte 2 facility before transporting and installing them at the site located some 22 kilometres off the […]

  • New London State Pier Terminal Getting Ready for South Fork Wind Project

    6 March 2023
    Infrastructure, Ports & Logistics

    The Connecticut Port Authority has revealed that the Northeast Bulkhead, also known as the “delivery berth”, was completed at New London’s State Pier in the US. The 40-acre New London State Pier Terminal will be used to assemble and deliver offshore wind turbines for the Ørsted and Eversource joint venture’s South Fork Wind project this […]

  • Good Energy Group Continues Using Westermost Rough Electricity

    9 April 2018
    Business & Finance, Contracts & Tenders, Wind Farm Update

    Ørsted and Good Energy Group have signed a renewal of an agreement under which Good Energy Group will source offshore wind power from the Westermost Rough offshore wind farm for its customers for a further two years.

  • EU Nods to JERA Joining Formosa I Offshore Wind Project

    4 February 2019
    Authorities, Wind Farm Update

    The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of joint control over Formosa I offshore wind project in Taiwan by Macquarie, Ørsted, Swancor, and Japan’s utility JERA. Formosa 1 is currently a joint venture between Ørsted (35% ownership), Taiwanese developer Swancor Renewable (15%), and Macquarie Capital (50%). As reported, JERA agreed […]

  • Ørsted and HBC Group Continue Subsea Inspection Collaboration

    7 April 2020
    Business & Finance

    Ørsted has awarded HBC Group with another contract to conduct subsea inspection campaigns at its offshore wind farms. HBC Group will this year carry out the inspection campaigns at 10 of Ørsted’s offshore wind farms located on the UK East and West Coast and in the German North Sea. The company will perform IMR using […]

  • Wavecraft CTV Newbuilds to Service Ørsted’s UK Offshore Wind Farms

    28 April 2022
    Operations & Maintenance, Vessels

    Danish crew transfer vessel operator World Marine Offshore (WMO) has contracted Norwegian shipbuilder Umoe Mandal AS to build two second-generation Wavecraft™ crew transfer vessels. WMO has also entered into bareboat charter agreements for two similar vessels that are owned by the Umoe Group. Three of the four vessels will go on contract with Ørsted. The […]

  • Ørsted Posts All-Time High Offshore Wind Earnings

    3 May 2023
    Business & Finance

    World’s leading offshore wind developer, Ørsted, has reported DKK 6.9 billion (EUR 926 million) operating profit (EBITDA) for the first quarter of 2023, DKK 2.5 billion less compared to the same period a year earlier. EBITDA excluding new partnerships in Q1 2023 was DKK 0.9 billion lower than Q1 2022, as Q1 2022 was positively […]

  • Ørsted and Eversource Left Stranded in Rhode Island

    19 July 2023
    Authorities, Business & Finance, Contracts & Tenders, Industry, Wind Farm Update

    Rhode Island Energy, the largest utility in Rhode Island, has decided that it will not be moving forward on a long-term power purchase agreement (PPA) with Ørsted and Eversource for the Revolution Wind 2 offshore wind farm. The utility, formerly known as National Grid Rhode Island, said that higher interest rates, increased costs of capital […]

  • All Jackets Installed at Greater Changhua 2a Offshore Wind Farm

    26 May 2022
    Contracts & Tenders, Vessels, Wind Farm Update

    Heerema Marine Contractors’ heavy lift vessel Aegir has completed the installation of jacket foundations at the Greater Changhua 2a wind farm site offshore Taiwan and will now move on to do the same work on Greater Changhua 1, the company said via social media. This brought the entire 900 MW Greater Changhua 1 & 2a […]

  • Borssele 1 & 2 to Mark One-Year Anniversary at Its Inauguration

    6 September 2021
    Wind Farm Update

    Ørsted is set to officially open the Borssele 1 & 2 offshore wind farm today (6 September), after postponing the project’s inauguration a number of times due to COVID-19. The developer of the 752 MW offshore wind farm in the Netherlands, which has been operational since the fourth quarter of 2020, will also celebrate the […]

  • Ørsted Issues Green Bonds, Secures Nearly EUR 2 Billion

    7 September 2022
    Business & Finance, Contracts & Tenders

    Ørsted has issued green bonds of nearly EUR 2 billion after securing investor commitment for nominal EUR 900 million and GBP 950 million (about EUR 1.1 billion) to finance its global build-out of renewable energy and its green growth ambition of reaching approximately 50 GW of installed capacity by 2030. Ørsted has issued three tranches […]