Danish offshore wind installation services firm Cadeler has signed a contract with Ørsted and Polska Grupa Energetyczna (PGE) for the transport and installation of 14 MW wind turbines for Baltic 2 offshore wind project.The contract underlines Cadeler’s strong entry into the Polish market…
“The winds of change are blowing wild and free.” – Bob DylanIn the U.S. offshore wind industry, developments over recent months have placed an exclamation point on the word “wild”. Yes, the wind still blows “free”, but mounting challenges have…
Digital solutions are accelerating the progress required to ensure CCS earns its place in climate change mitigation history.Carbon capture has been around since the 90s, but the behavior of CO2 in pipelines is still not that well understood…
Eversource Energy has informed about the expected impairment charge of up to $1.6 billion related to three offshore wind projects in the United States.The impairment the energy utility Eversource Energy expects is related to three projects it owns as part of two partnerships with Ørsted…
UK-based Correll Group has secured a contract with Greek subsea cable maker Hellenic Cables for the inter-array cabling works at the Revolution Wind offshore wind farm.Correll Group’s scope of work will include the termination and testing of…
Ørsted is embarking on the construction of two carbon capture (CCS) facilities designed to capture and store carbon emissions from the woodchip-fired Asnæs Power Station in Kalundborg and the straw-fired unit at Avedøre Power Station in Greater Copenhagen…
Ørsted has secured approval for a 1.6 GW Electricity Business License from the Ministry of Trade, Industry and Energy of the Republic of Korea.The license grants Ørsted exclusive development rights for a gigawatt-scale offshore wind project 70 kilometers off the coast of Incheon City…
Denmark-based offshore wind developer Orsted has decided to pull out of the Norwegian offshore wind partnership due to prioritization of investment in its portfolio.Ørsted joined Bonheur ASA's subsidiary Fred. Olsen Renewables AS, now Fred. Olsen Seawind ASA…
Offshore wind farm developer Ørsted has signed an agreement to divest 50% of the Gode Wind 3 Offshore Wind Farm in Germany to funds managed by Glennmont Partners from Nuveen.Glennmont is one of Europe’s largest fund managers, focused exclusively on investments in clean energy infrastructure…
Despite short-term obstacles driven by high inflation and interest rates coupled with supply chain issues, we maintain that the foundations supporting long-term offshore wind activity remain solid. As we prepare for the new year, let us look…
Denmark-based global offshore wind developer Ørsted is set to divest a 50% stake in its offshore wind farm project in Taiwan and has signed an exclusivity agreement with a Taiwanese insurance company and its affiliate, following a competitive divestment process…
Anchoring solutions specialist Maxwell Marine has won a contract to design and supply a technical anchoring system for the first uncrewed surface vessels (USVs) which will be used for offshore met-ocean measurement campaigns in the offshore wind farm industry…
Offshore wind developer Ørsted is deploying Rutter’s wave prediction technology on board selected crew transfer vessels (CTV) worldwide within its contracted fleet to improve the safe transfer of personnel to offshore wind turbines.Roots of the initiative stretch back to 2018…
Framo said Wednesday it would supply suction bucket pumping systems for the foundations of Ørsted's Greater Changhua Offshore Wind Project in Taiwan.The Framo Suction Pump Spread Systems will be produced at the Framo factory at Flatøy outside Bergen…
Semco Maritime, a Danish offshore energy industry service provider, has won a new offshore wind service contract for the High voltage (HV) Services at Ørsted's German wind farms Borkum Riffgrund 1 & 2 and Gode Wind 1 & 2. In order to provide the full-scope solution requested by the client…
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