2023 results found for 'Ørsted'

2023 results found for 'Ørsted'
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  • 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 […]

  • Iberdrola Preparing Two East Anglia Offshore Wind Projects for UK’s Sixth CfD Round

    23 February 2024
    Business & Finance, Fixed-Bottom, Planning & Permitting

    ScottishPower Renewables, Iberdrola’s company in the UK, is getting the East Anglia One North and East Anglia Two offshore wind projects ready for the upcoming auction round for Contracts for Difference (CfD). This is according to project updates Iberdrola published as part of its financial results for 2023. Iberdrola says “good progress is being made […]

  • All Monopiles Installed at Gode Wind 3 Wind Farm Offshore Germany

    7 February 2024
    Fixed-Bottom, Project Updates, Wind Farm Update

    All monopiles have been installed at Ørsted’s Gode Wind 3 offshore wind farm in Germany. Furthermore, 10 out of 12 Siemens Gamesa 11 MW wind turbines have been installed at Ørsted and Eversource’s South Fork Wind Farm offshore New York. Ørsted has unveiled that all monopiles have been installed at the 253 MW Gode Wind […]

  • RWE Awards HVDC Contracts to Hitachi and Aibel

    8 May 2024
    Business & Finance, Grid Connection, Offshore Platforms

    German energy company RWE has signed framework agreements with Hitachi Energy and Aibel for the joint supply of three high-voltage direct current (HVDC) systems for the company’s offshore wind farms. The agreements are long-term as the secured HVDC systems are designated for offshore wind projects from RWE’s global development pipeline, which are planned to be […]

  • Vineyard Wind 1 Becomes Largest Operating Offshore Wind Farm in the US

    26 June 2024
    Fixed-Bottom, Project Updates, Wind Farm Update

    The Vineyard Wind 1 project is now delivering more than 136 MW to the electric grid in Massachusetts, making it the largest operating offshore wind project in the US. Vineyard Wind 1, the first large-scale offshore wind project in the US, now has ten turbines in operation totalling approximately 136 MW, enough to power 64,000 […]

  • Titan Wind to Build XXXL Monopile Production Facility in Northern Germany

    24 June 2024
    Business & Finance, Infrastructure, Ports & Logistics

    The Titan Group has made the final investment decision (FID) to build a production facility for XXXL monopiles in Cuxhaven, Northern Germany. Up to EUR 300 million will be invested in the company, with production to ramp up next year. Titan Group said that more than 600 jobs will be created by the project. The […]

  • BlueFloat, Renantis Press Ahead with 1.1 GW Scottish Floating Offshore Wind Project

    13 February 2024
    Authorities, Floating Wind, Planning & Permitting

    The BlueFloat Energy and Renantis partnership have submitted a scoping request and Habitats Regulations Assessment screening report to the Marine Directorate for the Broadshore Hub Wind Farm Development Areas in Scotland. The scoping request seeks the Scottish Minister’s opinion on the scope and details of the Environmental Impact Assessment (EIA) report. The Broadshore Hub Wind […]

  • 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’s 900 MW Taiwanese Offshore Wind Farm Nears Completion

    30 January 2024
    Project Updates, Wind Farm Update

    107 out of 111 Siemens Gamesa SG 8.0-167 DD wind turbines have been installed at Ørsted’s Greater Changhua 1 and 2a offshore wind farm site in Taiwan, with nearly 85 per cent of them connected to the national grid. Offshore construction on the Greater Changhua 1 and 2a project started in the summer of 2021. […]

  • Opinion | The Offshore Wind Industry Is Strengthening American Communities—We Must Not Change Course

    1 August 2024
    Business & Finance, Business development, Contribution, Industry, Jobs & Recruitment, Supply Chain

    This is an op-ed piece by Sam Salustro, Vice President of Strategic Communication at Oceantic Network, the US offshore renewable energy industry organisation.  Six months occupied with questions about the upcoming election have muddied the waters, shifting the conversation about offshore wind energy away from the real groundwork being laid and progress already underway in […]

  • 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, […]

  • Ørsted Terminates Skipjack Wind Offtake Agreement Amid ‘Challenging Market Conditions’

    26 January 2024
    Authorities, Business & Finance, Fixed-Bottom, Planning & Permitting, Project Updates, Wind Farm Update

    Ørsted has unveiled that it is pulling out of an offtake agreement with the State of Maryland for its 966 MW Skipjack Wind offshore wind project in the US. Following consultation with the State of Maryland, Ørsted has withdrawn from the Maryland Public Service Commission Orders approving the Skipjack 1 and 2 offshore wind projects. […]

  • BlueFloat, Renantis and Ørsted Move Forward with 1 GW Scottish Floater

    29 January 2024
    Authorities, Business development, Floating Wind, Planning & Permitting, Project Updates, Research & Development, Wind Farm Update

    Stromar Offshore Wind Farm Limited, a joint venture between Ørsted, BlueFloat Energy, and Renantis, has submitted the environmental impact assessment (EIA) scoping and habitats regulations appraisal (HRA) screening reports for the 1 GW floating offshore wind farm in Scotland. The reports for the project, which is located approximately 50 kilometres from the Port of Wick, […]

  • Ørsted to Take Full Ownership of 924 MW Sunrise Wind Offshore Wind Farm in US

    25 January 2024
    Business & Finance, Business development, Fixed-Bottom, Project Updates, Wind Farm Update

    Ørsted has signed an agreement with Eversouce to acquire the company’s 50 per cent share of the 924 MW Sunrise Wind offshore wind farm, a project that would deliver power to New York. The acquisition is subject to the successful award of Sunrise Wind in the ongoing New York fourth solicitation for offshore wind capacity, the […]

  • Hellenic Cables Awards Revolution Wind Cable Termination & Testing Contract

    24 January 2024
    Contracts & Tenders, Fixed-Bottom, Project Updates, Supply Chain, Wind Farm Update

    The Correll Group has secured a contract with Hellenic Cables for the termination and testing of inter-array cables on the wind turbine generators and offshore substation for the 704 MW Revolution Wind offshore wind farm in the US. The Revolution Wind offshore wind farm is being developed by a joint venture of Ørsted and Eversource. […]

  • Cadeler Orders Huisman Monopile Gripper

    1 February 2024
    Business & Finance, Contracts & Tenders, Equipment, Supply Chain, Vessels

    Huisman has signed a contract with Cadeler for the design and production of a monopile gripper. Production of the monopile gripper will take place at Huisman’s production facility in China. The monopile gripper, having a 13-metre diameter, is engineered for the efficient and controlled installation of monopiles ranging from 80 to 120 metres in length, […]

  • Connecticut Wind Collaborative Launches, Targets Regional Offshore Wind Projects

    5 February 2024
    Business development, Collaboration, Industry, Innovation, Outlook & Strategy, Research & Development

    The Connecticut Wind Collaborative has been launched with the formation of an initial board of directors. The collaborative is part of the state’s offshore strategic roadmap, announced last October, which calls for the new nonprofit to work collaboratively with various parties and stakeholders to advance the regional supply chain, as well as in conjunction with […]

  • Google Signs Its Largest Offshore Wind PPAs to Date

    1 February 2024
    Business & Finance, Project Updates, Wind Farm Update

    Google has signed corporate power purchase agreements (CPPAs) with Shell and Eneco for 478 MW of energy capacity at two offshore wind farms the partners jointly own in the Netherlands: Hollandse Kust Noord and Hollandse Kust West VI. Together with the existing power purchase agreements Google previously signed in the Netherlands, the two offshore wind […]

  • Atlantic Oceanic Buys MPSV as Part of Its Ongoing Fleet Growth Programme

    1 March 2024
    Business & Finance, Business development, Outlook & Strategy, Vessels

    Offshore ship-owning group Atlantic Oceanic (UK) has acquired an advanced DP2 multi-purpose supply vessel (MPSV) as part of its ongoing fleet growth programme. The vessel, named Atlantic Spirit and previously known as Tek-Ocean Spirit, is an 87-metre-long specialist MPSV equipped with a DP2 dynamic positioning system and a 65-tonne active heave compensation (AHC) high lift […]

  • PGE, Ørsted Pick Baltica 2 Onshore Infrastructure Supplier

    19 January 2024
    Contracts & Tenders, Grid Connection, Onshore Infrastructure, Supply Chain

    PGE Group and Ørsted have signed an agreement with GE Vernova, represented in Poland by GE Power Sp. z o.o. and Polimex Mostostal consortium, to construct the onshore infrastructure necessary for exporting power from the 1.5 GW Baltica 2 offshore wind farm in the Polish Baltic Sea. The onshore connection infrastructure for Baltica 2 will […]

  • Ørsted Awards Blade Inspection and Repair Contracts for German Offshore Wind Farms

    18 January 2024
    Fixed-Bottom, Operations & Maintenance, Supply Chain, Wind Turbines

    Ørsted has awarded RTS Wind a multi-million-euro contract for inspection and repair of wind turbine blades on its offshore wind farms in Germany. The developer held the tender last year, looking for a provider of internal and external blade inspection and repair for three of its offshore wind farms: Borkum Riffgrund 1, Borkum Riffgrund 2, […]

  • Amazon Books Over Half of Moray West Offshore Wind Capacity to Power UK Operations

    30 January 2024
    Business & Finance, Fixed-Bottom, Project Updates, Wind Farm Update

    Amazon has signed a corporate power purchase agreement (CPPA) for a total of 473 MW of Moray West offshore wind farm’s generation capacity to help power its operations when the project becomes operational later this year. The technology giant signed the CPPA with ENGIE, which owns the Moray West project through Ocean Winds, the 50-50 […]

  • New York’s First Offshore Wind Farm Halfway Completed

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

    The installation of wind turbines on South Fork Wind, New York’s first offshore wind farm, has reached a halfway point. According to an update on social media posted by South Fork Wind, developed by Ørsted and Eversource Energy, six of the project’s twelve turbines are now installed and supplying electricity to the Long Island grid. […]

  • Ørsted and Van Oord to Install Droppable Oyster Structures at Borssele 1&2 Offshore Wind Farm

    12 January 2024
    Business development, Environment, Fixed-Bottom, R&D, Research & Development

    Ørsted and Van Oord, through their Ocean Health initiative, will install innovative droppable oyster structures at the 752 MW Borssele 1&2 offshore wind farm in the Netherlands to introduce European flat oysters and improve biodiversity in the wind farm. The new installation method will allow affordable and manual deployment of oyster broodstock, according to Ørsted. […]

  • US Company Bags French Offshore Wind Farm Gig

    30 January 2024
    Contracts & Tenders, Supply Chain

    US-based Zupt has been awarded its first major offshore wind farm development project from a Tier 1 energy contractor off the northwest coast of France. Under the contract, the company will provide instrumentation and survey support during the installation of 64 wind turbine monopiles at the project’s site. Zupt’s role will revolve around integrating a […]

  • Westwood: 40 Pct of Pre-FID Offshore Wind Projects Potentially at Risk

    29 January 2024
    Business & Finance, Fixed-Bottom, Floating Wind, Industry, Market Outlooks, Planning & Permitting

    A new analysis from Westwood Global Energy Group found that nearly 40 per cent of the 380 GW of pre-sanctioned offshore wind projects that are expected to reach a final investment decision (FID) between 2024 and 2030 may be at risk. The offshore wind farms currently in the pre-FID stage, totalling 380 GW in generation […]