UK-based offshore energy supply chain company Balmoral Comtec has secured a multi-million-dollar contract from for Ørsted for the supply of cable protection systems (CPS) for its Hornsea 3 offshore wind project.The scope of work includes design…
Denmark's Orsted announced a new chief financial officer and head of operations on Tuesday as the world's largest offshore wind farm developer looks to bounce back from a string of losses and project cancellations.Rising inflation, interest…
Dutch manufacturer Huisman has signed a contract with Danish offshore wind installation services firm Cadeler for the design and production of monopile gripper for the offshore wind industry.This marks the seventh gripper ordered at Huisman…
Belgium-based offshore installation contractor Jan De Nul has signed the export cable contract with Ørsted for its 2.9 GW Hornsea 3 offshore wind farm in the U.K.Jan De Nul will be responsible for the seabed preparation, transport, installation…
Orsted said on Wednesday it had made a final investment decision on the Hornsea 3 project off Britain's coast, indicating it will proceed with what will become the world's largest offshore wind farm.The project, which will have capacity to power more than 3…
Britain's Octopus Energy has bought a 12.5% stake in the 660 megawatt (MW) Walney Extension offshore wind farm in the Irish Sea from a group of Danish pension funds, it said on Monday.Octopus bought the stake from AIP Management, the investment manager for Danish pension funds PKA and PFA…
Cadeler A/S published its interim financial report for the first half of 2023 presenting a positive result exceeding the guidance projected for the fiscal year 2023. Revenue in the first six months of 2023 was EUR 68 million, which is an increase of 57% against the same period last year…
Salamander, a floating offshore wind joint venture between Ørsted, Simply Blue Group, and Subsea7, looking to develop a 100 MW floating wind farm in Scotland, has appointed Hugh Yendole as development director.Yendole has more than 25 years of experience in the wind industry…
Denmark-based offshore wind developer Ørsted has signed an agreement with funds managed by Schroders Greencoat, a global specialist asset manager focusing on renewable energy infrastructure assets, to divest its remaining 25% minority interest in the London Array Offshore Wind Farm in the UK…
A joint venture half-owned by Denmark's Orsted has agreed to sell the transmission assets of the Hornsea 2 wind farm offshore Britain to Diamond Transmission Partners Hornsea Two (DTP), the Danish energy group said on Friday. Orsted, which owns…
The British government granted development consent for the Hornsea 4 offshore wind farm project on Wednesday. The project, being developed by Danish wind developer Orsted will be located off the Yorkshire coast in England. The wind farm will have a capacity of up to 2…
Prysmian Group said Monday it had been awarded a new contract by Denmark-based offshore wind farm giant Ørsted to supply inter-array subsea cables for the Hornsea 3 offshore wind farm, located 160 km off the Yorkshire coast, UK. Once constructed…
BP and Orsted resolved a dispute over an overlapping zone in the UK North Sea between the BP-led Endurance carbon capture project and the Danish firm's planned Hornsea 4 windfarm, the companies said in a letter published by UK authorities.Britain…
Danish renewable energy company Orsted said on Thursday it expects to take a final investment decision (FID) on its planned Hornsea 3 offshore wind project in Britain this year. Orsted warned in early March that the 2.8 gigawatt (GW) project…
Danish offshore wind installation firm Cadeler said Tuesday it had signed two contracts with Ørsted for the Hornsea 3 offshore wind farm in the UK. Cadeler said that together, the two contracts constitute a very large contract award. Cadeler…
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