Ørsted News

Ørsted, US Unis to Study Whales in OWP

Jan 23, 2020

Danish developer Orsted U.S. Offshore Wind has signed a research partnership  with Rutgers University, the University of Rhode Island and Woods Hole Oceanographic Institution to support academic research activities related to offshore wind.The…

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)…

Equinor, Ørsted Spearheading Offshore Wind Coalition

Jan 13, 2020

Norwegian energy firm Equinor and Danish offshore wind power company Ørsted will lead a newly formed international Ocean Renewable Energy Action Coalition aimed to boost the sustainable deployment of ocean-based renewable energy and mitigate the harmful impacts of climate change…

Ørsted Appoints APAC Head

Jan 07, 2020

Global offshore wind giant Ørsted said that Matthias Bausenwein, President of Ørsted Asia Pacific, has been appointed to the new role as Head of the Asia Pacific Region (APAC), based in Taipei.He will continue to lead the regional activities but in a now strengthened setup…

Ørsted Secures Funding for Hydrogen Pilot

Dec 22, 2019

Offshore wind developer Orsted has secured funding for a demonstration project using offshore wind power to produce renewable hydrogen to power.Seven industrial partners have been awarded funding for a demonstration project in Denmark using…

Ørsted Offloads LNG Biz to Glencore

Dec 18, 2019

Global leader in offshore wind Ørsted A/S has signed an agreement to divest its liquefied natural gas (LNG) business to the leading global natural resources company Glencore.According to the Denmark's largest energy company, Ørsted entered into…

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 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 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…

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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