Denmark's Orsted said on Monday it agreed to sell a 50% stake in Britain's Hornsea 3 offshore wind farm for 39 billion Danish crowns ($6.09 billion), widely regarded as a crucial move to prevent a crippling credit rating downgrade.Orsted, the world's largest offshore wind developer…
Ørsted has signed a lease agreement for up to 100,000 square meters at the Port of Tyne, one of the UK’s major deep-sea ports, to support the development of its Hornsea 3 offshore wind farm.The site, located at Tyne Clean Energy Park in South Shields…
Ørsted’s Board of Directors has approved the interim report for the first half of 2025, with Rasmus Errboe, Group President and CEO, saying he is satisfied with the company’s strong operational performance which saw earnings of DKK 13.9 billion ($2…
MENCK, a brand in marine energy and infrastructure services company Acteon, has secured a contract to supply advanced pile-driving equipment and operational services for the installation of the Hornsea 3 offshore wind farm.Acteon will supply its MENCK MHU4400S hydraulic hammer…
Lightin specialist Glamox has won a contract to provide marine lighting for the foundation platforms of 2.9 GW Hornsea 3 offshore wind farm in the North Sea, off UK.Glamox will supply marine lighting solutions for the foundations of 197 wind turbines…
Danish offshore wind installation firm Cadeler has received a notice of termination for its wind turbine installation vessel (WTIV) from Ørsted which was booked for work for the now discontinued 2.4 GW Hornsea 4 offshore wind farm in United Kingdom…
ESVAGT, OSK Design, and Hvide Sande Shipyard have joined forces to raise the bar in offshore wind logistics with the development of a next-generation transfer boat, which has been designed to carry more technicians and cargo.ESVAGT and its partners…
Britain has more than doubled funding available under a scheme seeking to spur investment in offshore wind projects to 544 million pounds ($721.78 million), after higher than expected demand, the government said on Friday.The country has put…
Ørsted has decided to discontinue the Hornsea 4 project in the U.K. in its current form, citing adverse developments like increase in supply chain costs, higher interest rates, and an increase in the risk to construct and operate the project on the planned timeline…
Ørsted has completed a 24.5% stake divestment in West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat for approximately $610 million.Located approximately 14 km off the U.K. west coast, West of Duddon Sands has been operating since 2014 and has a capacity of 389 MW…
Louis Dreyfus Armateurs (LDA) and MaDfly have deployed a remotely operated vehicle (ROV) in open sea conditions, marking a breakthrough in offshore in-water surveys.The operation was conducted on the service operation vessel (SOV) Wind of Hope next to the Hornsea 2 wind farm in England…
SeAH Wind has appointed Mammoet, Glacier Energy, and Hutchinson Engineering as key subcontractors for the Hornsea 3 offshore wind project in the U.K.With commercial production set to start in the coming months, these subcontractors have been…
Ørsted has hired JDR Cable Systems, Severfield and Smulders to produce integral components and deliver services for the Hornsea 3 offshore wind farm, under contracts collectively worth up to $127 million.Severfield will work with its strategic key contractor Hutchinson Engineering in Widnes…
Bloomberg News reported Monday that Denmark's Ørsted had begun selling a stake in the largest wind farm planned for the United Kingdom coast. The report was based on people familiar with this matter. Reports added that the Danish utility is looking to sell around 50% of the Hornsea 3 Project…