Subsea power cable maker Nexans has received an order to manufacture approximately 110km of high voltage subsea cables to South Fork Wind, a joint venture between Ørsted and Eversource. The 3-phase 138 kV high voltage alternative current (HVAC)…
Danish offshore and onshore wind turbine maker Vestas has been named the most sustainable company in the world in Corporate Knight's 2022 ranking of the world’s 100 most sustainable corporations.According to Corporate Knights, its ranking is based on a rigorous assessment of nearly 7…
The Norwegian government said on Friday it has raised its projected fiscal spending for 2022 as it seeks to compensate businesses affected by coronavirus lockdown measures and subsidize households hit by a surge in electricity prices.The center-left minority coalition now plans to spend 355…
Offshore installation firm Jan De Nul said Thursday that Les Alizés, its next-gen floating offshore installation vessel had been launched at the CMHI Haimen shipyard in China.The vessel is now ready for the final construction phase, including sea trials…
Offshore wind turbine constructor Siemens Gamesa has secured a firm order for the supply of wind turbines for Ørsted’s Gode Wind 3 offshore wind farm in Germany.The 242 MW offshore wind farm will feature the first installation in German waters of the company’s SG 11…
Denmark-based offshore wind developer Ørsted has signed a 175 million euros (around $200 million) eight-year loan deal with the Nordic Investment Bank (NIB) with the proceeds to be used for the financing of its investment in the Borssele 1 & 2 Offshore wind farm in the Netherlands…
Offshore wind developer Ørsted has said Friday it had signed a deal to establish Maryland’s first offshore wind steel fabrication center at Crystal Steel Fabricators in Federalsburg, Maryland. 'Ørsted’s investment in Crystal Steel will enable…
Offshore wind installation services company Cadeler has signed a firm contract with Ørsted for a wind turbine installation vessel to be used on Ørsted’s two German offshore wind projects, Gode Wind 3 and Borkum Riffgrund 3.The firm contract…
Marianne Wiinholt, CFO of offshore wind developer Ørsted, has decided to step down from her position. Ørstedsaid Thursday it had started the process of identifying the next CFO of Ørsted.'Having served as Ørsted’s CFO for the past 8 years, Marianne…
The Maryland Public Service Commission has awarded a 20-year Offshore Renewable Energy Certificate (OREC) to Ørsted’s largest bid in the solicitation, the Skipjack Wind 2 Offshore Wind Farm with a capacity of 846 MW. Skipjack Wind 2 will generate enough green electricity to power 250…
Denmark's Ørsted on Wednesday reported third-quarter operating profit slightly below expectations as it said low wind speeds continued to hit earnings.'In most of Q3, we continued to see lower than normal wind speeds, which had an adverse impact on earnings from renewable assets in operation…
Offshore wind developer Ørsted said Tuesday it had struck a 12-year corporate power purchase agreement (CPPA) with Google. Under the CPPA, Google will offtake 50 MW of Ørsted’s planned 900 MW Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea…
Singapore's Keppel Offshore & Marine has signed a framework agreement with offshore wind industry giant Ørsted for future offshore substation (OSS) projects.'The agreement is part of a strategic initiative to strengthen the long-term partnership…
Asia's first newbuild service operation vessel (SOV) has been launched in Vietnam.The hybrid-electric TSS Pioneer is being built by Vard Vung Tau for owner Ta San Shang Marine Co., Ltd, a joint venture between Mitsui O.S.K. Lines Ltd. (MOL) and Ta Tong Marine Co…
Poland’s largest privately-owned energy producer ZE PAK, which is looking to shift from coal to renewables, and Denmark's Ørsted world's largest offshore wind developer have signed a letter of intent to jointly take part in the upcoming auction for seabed leases in the Polish part of the Baltic Sea…
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