Ørsted News

EU Grants Funding for Offshore Green Hydrogen Project

Jan 08, 2021

The Fuel Cells and Hydrogen 2 Joint Undertaking (FCH2-JU), a public-private partnership of the European Commission, has awarded EUR 5 million grant to the consortium behind the OYSTER project, to investigate the feasibility and potential of…

Ørsted Reaches FID on Green Hydrogen Project in Denmark

Jan 20, 2021

Danish offshore wind farm developer Ørsted has taken a final investment decision on the renewable hydrogen demonstration project at Avedøre Holme in Copenhagen, which will use offshore wind energy to produce green hydrogen.The project is expected…

New CEO Named for Ørsted Offshore North America

Oct 22, 2020

Denmark-based offshore wind giant Ørsted has appointed David Hardy as new CEO of its U.S. subsidiary Ørsted Offshore North America. Hardy, who becomes CEO after previously serving as COO, will replace Thomas Brostrøm who has led Ørsted Offshore North America since the summer of 2015As CEO…

Ørsted to Sell 25% in 1,1GW U.S. Offshore Wind Project to NJ's PSEG

Dec 04, 2020

Offshore wind developer Ørsted has entered into an agreement to sell a 25% stake in its 1,1 GW Ocean Wind offshore wind project off the coast of Atlantic City to New Jersey’s Public Service Enterprise Group (PSEG). PSEG’s contribution will include…

Ørsted Sells 50% in Taiwan Offshore Wind Farm in $3.63B Deal

Dec 29, 2020

Danish offshore wind developer Ørsted has agreed to sell a 50 percent stake in its 605 MW Greater Changhua 1 offshore wind farm in Taiwan to a consortium comprising Caisse de dépôt et placement du Québec (CDPQ) and Taiwanese private equity fund Cathay PE…

Ørsted to Sell North Sea Gas to Polish PST

Oct 21, 2020

Danish offshore wind farm giant Ørsted has signed a deal to sell gas to Polish Polish PGNiG Supply & Trading (PST), under a multi-year contract. Under long-term gas purchase agreements, Ørsted buys some of the natural gas produced by Dansk Underground…

Ørsted Fully Commissions 752 MW Borssele 1 & 2 Offshore Wind Farm

Nov 27, 2020

Offshore wind developer Ørsted said Friday it had fully commissioned the Borssele 1 & 2 offshore wind farm in the Netherlands.The wind farm has a capacity of 752 MW, making it the largest offshore wind farm in the Netherlands and the second largest operating offshore wind farm in the world…

Seiche Keeps Marine Mammals from Harms Way During Offshore WInd Farm Construction

Nov 05, 2020

Worlds largest offshore wind development company Ørsted has awarded Seiche a contract to ensure marine mammal safety during the construction of the Hornsea Two offshore wind farm in the UK.Seiche, which provides marine technology and environmental…

Offshore Wind to Power Green Ammonia Project in Netherlands

Oct 05, 2020

Offshore wind developer Ørsted and fertilizer company Yara have entered a joint project aimed at producing ammonia from renewable hydrogen instead of fossil hydrogen in the Netherlands.The two companies say their project had the potential to reduce more than 100…

Ørsted Plans to Build 1.6GW Offshore Wind Projects Near Incheon, South Korea

Nov 24, 2020

Danish offshore wind farm developer Ørsted on Tuesday said it would develop South Korean offshore wind projects with a potential capacity of up to 1.6GW off the coast of Incheon City. Ørsted said its projects in Incheon could provide clean energy to 1…

Ørsted's North America CEO Joins Shell's Renewables Division

Oct 23, 2020

Royal Dutch Shell has hired Ørsted's North America Chief Thomas Brostrom as Senior Vice President for its Global Renewable Solutions department starting next year, a Shell spokesman said on Friday.Shell is cutting around a tenth of its workforce…

Ørsted's 3Q Results Beat Expectations

Oct 28, 2020

Danish energy group Ørsted beat third-quarter profit expectations on Wednesday but said offshore wind projects in the United States faced “significant” delays.The world’s largest offshore wind farm developer kept its full-year guidance for earnings before interest…

Tech Files: Offshore Power Products

Nov 01, 2020

Insights on innovative power products upgrades that could be used to keep offshore operations moving along effectively, efficiently.Maersk Supply Service/Orsted power buoysDanish offshore vessel firm Maersk Supply Service and its compatriot offshore wind developer Ørsted…

BP, Ørsted Enter Green Hydrogen Pact in Germany

Nov 10, 2020

British oil major BP and Danish wind developer Ørsted have signed an agreement to work together to develop a ‎project for industrial-scale production of green hydrogen in Germany.Green hydrogen is made by the electrolysis of water using ‎renewable power…

Maersk Supply Service, Ørsted Working on Offshore Charging Buoy

Sep 28, 2020

Danish offshore vessel specialist Maersk Supply Service and its compatriot offshore wind developer Ørsted have teamed up to test a prototype offshore charging buoy.The buoy will act as a safe mooring point and a charging station for vessels…

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