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…
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…
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…
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…
Van Oord said it has been awarded the contract by Ørsted for the cable installation works at the Greater Changhua 1 & 2a offshore wind farms located between 35 and 60 kilometers off the west coast of Changhua County, Taiwan.Van Oord is responsible for the transportation…
An $800 million green loan facility launched by Ørsted brings together 15 banks to finance the company’s first commercial offshore wind farms in Taiwan.“Taiwan is eager to expand its share of renewable energy. The country’s financial institutions want to be a part of that green transition…
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…
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 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…
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…
Ørsted US Offshore Wind has hired former U.S. Coast Guard (USCG) officer Ed LeBlanc as Manager of Marine Affairs.The company operates Block Island Wind Farm, America’s first offshore wind farm said that LeBlanc has over 40 years of experience in the USCG…
Heerema Marine Contractors said it has won another contract to support offshore wind project development in Taiwan, this time in the middle of the country.The Greater Changhua offshore wind projects consist of four sites in the Taiwan Strait…
Danish renewable energy company Ørsted’s operating profit in the first half of 2019 (H1) is $1.3 billion (DKK8.8bn), mostly from offshore wind.'Earnings from our offshore wind farms in operation increased by 18%, driven by ramp-up of generation from new wind farms in operation…
Seaway 7 has won a contract from Ørsted's Optimus Wind to install the entire inner array grid cable system for the Hornsea Two offshore wind farm project in the UK sector of the North Sea.Seaway 7 parent company Subsea 7 said the contract is worth between $50 million and $150 million…
Ørsted U.S. Offshore Wind announced a landmark agreement to develop Maryland’s first offshore wind energy staging center at Tradepoint Atlantic, a 3,300-acre global logistics center in Baltimore County, Maryland.Establishing a facility for offshore…
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