2135 results found for 'Ørsted'

2135 results found for 'Ørsted'
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  • Ørsted Completes Deepwater Wind Takeover

    8 November 2018
    Authorities, Business & Finance

    The U.S. competition authorities have approved Ørsted’s acquisition of a 100% equity interest in Deepwater Wind, taking the takeover to completion.

  • Dutch Company Nets Greater Changhua 2b & 4 Cable Deal

    20 June 2023
    Contracts & Tenders, Wind Farm Update

    The Netherlands-based Twentsche KabelFabriek (TKF) has been awarded a cable supply contract from Ørsted for the 920 MW Greater Changhua 2b and 4 offshore wind farms in Taiwan. The contract scope includes the supply and termination of close to 200 kilometres of inter-array cables and other cables including accessories and connectors, all operating 66 kV […]

  • EBRD Mulls EUR 300 Million Financing for 1.5 GW Baltica 2 Project

    21 August 2024
    Business & Finance

    The European Bank for Reconstruction and Development (EBRD) is evaluating a potential loan of up to EUR 300 million to aid the construction and operation of Baltica 2, the first stage of the Baltica Offshore Wind Farm in Poland. The 1.5 GW Baltica 2 offshore wind farm, developed by PGE Polska Grupa Energetyczna and Ørsted, […]

  • Ørsted Opens Taiwan Offshore Wind O&M Hub

    2 August 2022
    Operations & Maintenance, Ports & Logistics, Vessels, Wind Farm Update

    Ørsted has inaugurated the Ørsted Taiwan Offshore Wind Farms Operations and Maintenance (O&M) Hub in the Port of Taichung, Taiwan. The O&M hub is the first operations facility with green design and the largest in terms of size and offshore service capacity in the Asia-Pacific region, the world’s leading offshore wind farm developer said. It’s […]

  • Construction Starts on Ørsted’s First Green Hydrogen Project

    17 May 2021
    Wind Farm Update

    Ørsted has started construction of the 2 MW H2RES offshore wind-to-hydrogen project in Denmark, for which the company reached a final investment decision (FID) in January. With a groundbreaking ceremony held on 17 May and led by Dan Jørgensen, the Danish minister for Climate, Energy & Utilities, Ørsted marked the onsite start of construction of […]

  • Ørsted Wins 1.1GW New Jersey Offshore Wind Solicitation

    24 June 2019
    Authorities, Contracts & Tenders

    The New Jersey Board of Public Utilities (NJBPU) has selected the Ocean Wind project proposed by Ørsted with support from Public Service Enterprise Group (PSEG) to negotiate a 20-year offshore wind renewable energy credit (OREC) for an offshore wind farm with a capacity of 1,100MW. Located off the coast of Atlantic City, Ocean Wind will […]

  • Ørsted Greenlights 900MW Taiwanese Offshore Wind Farm

    30 April 2019
    Business & Finance, Wind Farm Update

    Ørsted has taken the final investment decision (FID) on the Changhua 1 and 2a offshore wind farm in Taiwan. Prior to the FID, Taiwan’s Ministry of Economic Affairs approved Ørsted’s local supply chain plan, and subsequently Ørsted has signed a power purchase agreement (PPA) with Taipower at the feed-in-tariff level announced on 30 January 2019. […]

  • Borkum Riffgrund 2 Nears Finish Line

    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.

  • Ørsted and South Korean City Bolster Offshore Wind Ties

    22 February 2024
    Business & Finance, Business development, Collaboration, Fixed-Bottom, Industry, Outlook & Strategy, Research & Development

    Ørsted has signed a Memorandum of Understanding (MoU) with Incheon Metropolitan City, South Korea, to cooperate on developing a regional offshore wind sector. The aim of the agreement is to establish a local wind power industry driven by Ørsted’s 1.6 GW offshore wind project off the coast of Incheon, the developer said. Through this collaboration, Incheon […]

  • Ørsted Books Second Methanol-Powered SOV at Esvagt

    5 July 2023
    Technology, Vessels

    Ørsted and Esvagt have signed an agreement for a second methanol-powered service operation vessel (SOV). The SOV is a sister vessel to the world’s first methanol-powered SOV which is scheduled to enter service off the UK East Coast in 2024. The second SOV will be ready for launch in 2026, where it will operate out […]

  • Samuel Leupold Leaves Ørsted, Martin Neubert New Wind Power CEO

    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.

  • Ørsted Goes Ladder-Less Offshore New York

    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 […]

  • Flying Inspectors Whiz Through Burbo Bank Extension

    18 July 2018
    Operations & Maintenance, R&D, Technology, Wind Farm Update

    Ørsted and robotics solutions provider SkySpecs have completed an automated inspection of wind turbine blades on Ørsted’s Burbo Bank Extension wind farm off the coast of Liverpool Bay, UK.

  • Ørsted and US Labor Union Kick-Start Offshore Wind Workforce Transition

    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 […]

  • Geowynd Nets Contract for Borkum Riffgrund 3 OWF

    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 […]

  • Ørsted Signs Greater Changhua SOV Deal

    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.

  • Ørsted Clears German Offshore Wind Farms for Takeoff

    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, […]

  • World’s Largest Offshore Wind Farm Opens (Video)

    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.

  • Ørsted and NABTU Sign ‘Historic’ Project Labor Agreement for US Offshore Wind

    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 […]

  • BASF and Ørsted Sign 25-Year Offshore Wind Power Purchase Agreement in Germany

    11 November 2021
    Business & Finance, Wind Farm Update

    Largest chemicals producer in the world, BASF, and Ørsted have concluded a 25-year fixed-price corporate power purchase agreement (CPPA), under which BASF will offtake the output of 186 MW from Ørsted’s planned Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea. The offshore wind farm will have a total installed capacity of 900 […]

  • Race Bank Switches On

    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.

  • Ørsted to Fight Danish Taxation of Its UK Offshore Wind Farms

    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 […]

  • Ørsted Anticipates Impairments of up to EUR 2.15 Billion on US Portfolio

    30 August 2023
    Business & Finance, Business development, Fixed-Bottom, Industry, Infrastructure, Market Outlooks, Outlook & Strategy

    The world’s leading offshore wind developer, Ørsted, could book impairments of DKK 16 billion (EUR 2.15 billion) on its US portfolio due to adverse impacts relating to the supply chain, lack of favorable progress in Investment Tax Credit (ITC) guidance, and increased interest rates. The Ocean Wind 1, Sunrise Wind, and Revolution Wind projects are […]

  • Ørsted Pilots Energy Storage Research in Taiwan

    25 September 2018
    Contracts & Tenders, Grid Connection, Operations & Maintenance, Technology

    Ørsted has signed an engineering, procurement and construction (EPC) contract with Delta Electronics to build its first megawatt-size energy storage pilot system at the National Changhua University of Education (NCUE) in Taiwan.

  • Ørsted Breezes Past 3GW Operational Offshore Wind Mark in UK

    12 June 2018
    Business & Finance, Operations & Maintenance, Ports & Logistics, Vessels, Wind Farm Update

    Following the official opening of the Race Bank, Ørsted will own and partly own 10 operational offshore wind farms in the UK with a combined capacity of over 3,000MW.

  • Ørsted to Start Building Its Two New Offshore Wind Farms in Taiwan

    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 […]