Ørsted News

Ørsted, Covestro Ink World's Largest Offshore Wind PPA

Dec 04, 2019

Polymer materials supplier Covestro has signed a 10-year corporate power purchase agreement with Ørsted to buy the output of 100MW from the planned Borkum Riffgrund 3 offshore wind farm, expected to be fully commissioned in 2025, subject to Ørsted's final investment decision (FID)…

Ørsted Announces STEM Skills Fund

Dec 09, 2019

Denmark's offshore wind giant Ørsted A/S has unveiled more than £50k for Science, Technology, Engineering and Maths (STEM) skills across Lancashire and Cumbria.The renewable energy developer says the wave of new finance will be sourced from the Walney Extension Skills Fund…

Nexans, Eversource, Ørsted Ink US OWF Deal

Dec 03, 2019

French cables manufacturer Nexans has signed a framework agreement with Denmark’s global offshore wind giant Ørsted A/S and New England utility Eversource Energy to take part in the offshore wind farm development in North America.According to the provider of cabling and connectivity solutions…

Ørsted Restructures Offshore Biz

Dec 02, 2019

The offshore wind giant Ørsted has introduced a new operating model for the Offshore business, to support the execution of its project pipeline and future growth.'The global market opportunities in renewables continue to expand and present significant opportunities for growth…

Ørsted Inaugurates Historic Taiwanese OWF

Nov 12, 2019

Global offshore wind solutions provider Orsted inaugurated the Formosa 1 offshore wind farm in Taiwan, the first offshore wind farm built by Ørsted in Asia-Pacific.In the past three years, Ørsted has worked closely with joint venture partners…

Ørsted Expands Rapidly in US

Nov 07, 2019

Denmark-based Ørsted A/S, offshore wind giant, is expanding rapidly in the US within the development and construction of offshore and onshore wind power as well as solar PV.The growing portfolio enables Ørsted to increasingly trade the green power generated by the wind and solar farms…

Ørsted Issues Green Bonds in Taiwan

Nov 05, 2019

Ørsted, the largest energy company in Denmark, has secured nominal TWD 12 billion (USD 395m) through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan.  This transaction marks the first ever green TWD bond to be issued by a foreign corporate in Taiwan…

Ørsted to Divest Stake in NJ OWP to PSEG

Oct 30, 2019

Danish wind developer Ørsted A/S will enter into exclusive negotiations for Public Service Enterprise Group  (PSEG) to potentially acquire a 25% interest in the proposed 1,100-MW Ocean Wind project.Subject to negotiations toward a joint venture agreement…

Ørsted to Deploy GE's 12MW Offshore Turbine

Sep 19, 2019

Denmark-based offshore wind developer Ørsted said it has selected GE Renewable Energy as the preferred turbine supplier for two of its US offshore wind farms which marks the world’s first commercial deployment of GE’s Haliade-X 12-megawatt (MW) offshore wind turbine…

Ørsted Buys Into Turbine Transfer Innovator

Sep 24, 2019

Ørsted, the largest energy company in Denmark, has acquired a 22.5% share in Pict Offshore, the Scottish developer of an innovative technology set to transform the way technicians access offshore wind turbines.The Get Up Safe (GUS) system, developed in partnership between Ørsted and Pict Offshore…

Ørsted Picks Hellenic Cables for UK Projects

Sep 18, 2019

Hellenic Cables, the provider of turnkey cable solutions for the offshore wind industry, has been awarded a contract to supply 23km of subsea cable to Ørsted, the global leader in offshore wind.The cable company, a subsidiary of Belgium giant Cenergy Holdings…

TenneT, EnBW, Ørsted Pact on Transmission Concept

Sep 09, 2019

The European transmission system operator TenneT, German utilities company EnBW and offshore wind specialist Ørsted have formed an alliance with the aim of implementing new connection concept for offshore wind farms and converter platforms in the German North Sea…

Ørsted Sees Huge Offshore Wind Potential in S Korea

Sep 09, 2019

Ørsted A/S, the world’s largest offshore wind power producer, said it sees high potential in the Korean offshore wind power market, intending to build long-term, sustainable relationships with the Korean government and companies.“South Korea is a peninsula surrounded by three seas…

MarineSpace Wins Ørsted Award

Aug 30, 2019

UK-based marine environmental and planning consultancy MarineSpace Limited has been awarded a place on the UK environmental impact assessment (EIA) framework agreement for Ørsted Wind Power A/S.The award means MarineSpace will be eligible to…

Østensjø Rederi Orders Four Newbuilds

Oct 21, 2019

Aiming to meet increasing demand in the offshore wind market, Norwegian owner Østensjø Rederi said it has signed a letter of intent (LOI) for the construction of four commissioning service operation vessels (CSOV) to be built at at the Astilleros Gondán shipyard in Spain for delivery from 2022…

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