Orsted, the world's largest offshore wind farm developer, exceeded its own full-year core profit expectations on Thursday on the back of strong generation from its wind farms but said it expected this year's result to be slightly lower.Its 2019 earnings before interest…
Orsted Taiwan Ltd announced that it has signed a 20-year wharf lease with Taiwan International Ports Corp (TIPC) for the development of its offshore wind farms (OWF) off Changhua County.The global offshore wind leader announced the signing of…
UK energy regulator, the Office of Gas and Electricity Markets (Ofgem), has selected Diamond Transmission Partners as the preferred bidder for the offshore transmission of the 1200MW Hornsea Project One wind farm in the UK.Diamond Transmission…
Danish wind energy developer Orsted is gearing up to launch its first big-ticket project financing in Taiwan, one of the world’s fastest-growing offshore wind markets.Orsted is expected to mandate banks next month on an NT$61.9bn (US$2bn) 18-year loan for its offshore wind farms in Changhua county…
Europe installed a record 3.6 gigawatts (GW) of offshore wind capacity in 2019 but a much sharper rise is needed for the bloc to meet its climate targets, industry group WindEurope said on Thursday. Europe announced plans last year for a green deal to set a target of net-zero emissions by 2050…
Denmark's Orsted, the world's largest operator of offshore wind parks, plans to steer clear of super-sized takeovers, its chief executive said on Tuesday, opting instead for a string of small deals as a strategy to grow.'I'm fundamentally convinced…
Danish energy giant Ørsted has entered into an agreement with the Port of Virginia to lease a portion of the Portsmouth Marine Terminal for offshore wind staging materials and equipment.According to Virginia governor's office, Orsted could use…
The global leader in offshore wind Ørsted has opened the operations & maintenance (O&M) base for the Borssele 1 + 2 offshore wind farm in Vlissingen, the Netherlands. The opening was organized together with Energy Port Zeeland.All construction…
New Jersey Governor Phil Murphy signed into legislation Bill, expanding the definition of a 'qualified offshore wind project'. This definition now includes an 'open access offshore wind transmission facility'.With the new legislation in place…
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…
RWE, Germany's largest power producer, could become a takeover target as big industry players strive to expand their renewable portfolios around the world, Goldman Sachs said in a research note on Wednesday.Following an asset swap with E.ON…
The global leader in offshore wind Ørsted has started construction of its first offshore wind farm in the Netherlands by installing the first foundations at the 752-megawatt Borssele 1 & 2 offshore wind farm (OWF).The Danish renewable energy…
Danish wind farm developer Orsted aims to invest in pilot projects that will use wind power and other renewable energy sources to make hydrogen fuel, its chief executive said.Henrik Poulsen told Danish business daily Boersen that 'green hydrogen'…
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…
Denmark-based energy giant successfully issued green hybrid capital securities for €600m ($660m) to refinance existing securities issued in 2015.The latest issue will have a maturity in 3019 and first call option after eight years, the Danish energy company said…
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