Danish offshore wind developer Ørsted is planning what it says is a world-first attempt to support coral reefs by growing corals on offshore wind turbine foundations in Taiwan.The company will test the concept in the tropical waters of Taiwan this summer…
Danish offshore wind farm developer has acquired a majority stake in the 100MW Salamander floating wind joint venture set up by Simply Blue Group and Subsea 7.Ørsted will own an 80% stake in the project off the east coast of Scotland as Simply Blue Group’s newest JV partner on the project…
Danish offshore wind developer Ørsted and Spanish oil company Repsol have partnered up to explore joint deployment of floating wind turbines offshore Spain.'After several years of concept development and small-scale testing, floating offshore wind is now on the brink of commercialization…
Norway's $1.3 trillion wealth fund, the world's largest, should push the 9,300 companies it invests in worldwide to adopt net-zero targets, the finance ministry proposed on Friday.The move comes after a government-appointed commission said in…
Danish offshore wind farm developer Ørsted has installed the first wind turbine at its Greater Changhua 2a offshore wind farm in Taiwan.The wind farm is part of the 900 MW Greater Changhua 1 & 2a project. Ørsted announced the milestone via social media…
Paris-based offshore cable making and installation company Nexans has won a contract with Ørsted and Eversource to install and protect the export cable link for the Revolution offshore wind farm in the U.S.The project will connect the wind farm…
Offshore wind farm developer Ørsted will divest a 50% stake in its 1.3 GW Hornsea 2 offshore wind farm in the UK to a consortium comprising AXA IM Alts, acting on behalf of clients, and Crédit Agricole Assurances.Hornsea 2 is currently under…
Danish energy firm Ørsted said on Monday it was preparing for potential disruptions to its gas supplies from Russia's Gazprom, due to sanctions, and would give any profits from the contract to humanitarian aid in Ukraine.Ørsted, which is 50…
Ørsted, Falck Renewables, and BlueFloat Energy have won the seabed rights off the northeast coast of Scotland to an up to 1GW floating offshore wind site. This will be Ørsted’s first large-scale floating wind development project anywhere in the world…
German steelmaker Salzgitter and Danish offshore wind farm developer Ørsted have entered a strategic 'circularity' partnership to establish closed value chains in their business relationship.Salzgitter said Tuesday the partnership will include the supply of offshore wind power…
The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has granted Construction and Operations Plan (COP) for the South Fork Wind, New York’s first offshore wind farm, Ørsted confirmed Thursday. This is the final decision…
Ørsted and Eversource have taken the final investment decision (FID) on the South Fork Wind project that will be New York’s first offshore wind farm. The FID comes after the South Fork Wind joint venture, owned 50/50 by Ørsted and Eversource…
Renewable energy company Ørsted on Wednesday missed fourth-quarter operating profit expectations, but said it expected a boost in earnings as wind speeds should return to normal this year after an unusually calm 2021.Ørsted's shares rose by as much as 6% at opening and were trading 1…
Offshore wind developer Ørsted has appointed Ingrid Reumert as the new Senior Vice President of Group Stakeholder Relations. Reumert comes from a similar position as Vice President of Global External Relations & Sustainability at VELUX.Mads Nipper…
Shell's head of renewable energies Elisabeth Brinton has stepped down less than two years after taking the reins of the business which the company seeks to rapidly grow as part of its strategy to reduce greenhouse gas emissions.Brinton, who joined Shell in 2018…
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