Orsted News

Orsted Full-year Profit Beats Expectations

Jan 30, 2019

Danish offshore wind developer Orsted reported full-year profit above expectations on Wednesday and said it would consider restarting its activities in Taiwan following a new proposal from the local government.Orsted earlier this month put two…

ALE All Done Hornsea Project One

Feb 27, 2019

Heavy lift specialist ALE has completed works for Orsted's Hornsea 1 wind farm off the east coast of England.ALE was contracted by GeoSea to provide the specialist offshore engineering alongside the marine transportation, sea-fastening, load…

National Grid Seeks Approval of Revolution Wind

Feb 17, 2019

National Grid, which provides power to Northeastern United States, filed for regulatory approval of a 20-year contract for energy from a new offshore wind farm – Revolution Wind.Revolution Wind is a next-generation 400-megawatt offshore wind…

SMC Wins Orsted Contract for UK Offshore

Jan 09, 2019

The largest energy company in Denmark Orsted have awarded Specialist Marine Consultants (SMC) with a framework agreement to provide statutory inspection and auxiliary services to their sites across the UK.SMC, the UK-based marine consultancy…

Ørsted Shelves Taiwan Projects

Jan 02, 2019

Danish energy group Orsted will put new major projects in Taiwan on hold after it failed to sign a power purchase agreement (PPA) for two offshore wind farm projects, the company said on Wednesday.Taiwan, which has made a big push to attract investments into renewable technology…

Orsted Loses Political Support for Divestment

Jan 14, 2019

Shares in Orsted fell on Monday after the energy company, which is 50.1 percent owned be the Danish state, on Sunday announced that there was no longer political support for the divestment of its power business.The world's largest offshore wind…

Ørsted Sells Half of US Offshore Wind Assets

Feb 10, 2019

Denmark’s Ørsted is selling a 50% stake in a portfolio of offshore wind assets to New England utility Eversource Energy, for about $225 million.'Ørsted and Eversource have been partners in the Massachusetts Bay State Wind offshore wind project and with this announcement…

Dart Fisher Ready for O&M Work

Feb 04, 2019

The provider of of topside, offshore and subsea marine services and solutions James Fisher Marine Services (JFMS) has announced that its innovative offshore support vessel, Dart Fisher, has returned to sea following refurbishment at the Alicat Workboats shipyard in Great Yarmouth…

Record Year for US Wind Energy

Jan 30, 2019

American utilities signed contracts for 4,304 megawatts (MW) of wind power in 2018 that, when combined with non-utility purchases, reached the highest level on record for overall Power Purchase Agreements (PPA) activity with 8,507 MW in 2018…

New Jersey Offshore Wind Energy Project Receives 3 Bids

Jan 03, 2019

The state Board of Public Utilities said Monday it received three bids from firms interested in building wind projects, but it wouldn’t identify any of them, according to Institute for Energy Economics and Financial Analysis (IEEFA).According to IEEFA…

Orsted Plots $30 Bln Green Energy Investment

Nov 28, 2018

Denmark's Orsted will invest $30 billion in green energy up to 2025, it said on Wednesday, as it seeks to become one of a handful of future 'renewable majors' leading a global transition from fossil fuels to green energy.While renewable energy…

Ørsted Hires NHV for Borssele Offshore Wind Farm

Dec 21, 2018

The Belgium-based NHV group, which is specialized in B-to-B helicopter services and has a strong geographic presence in Europe and Western Africa, said that it has signed new contract with Ørsted to provide helicopter services in support of the Borssele 1+2 Offshore Wind farm…

Orsted Lifts 2018 Outlook

Nov 01, 2018

Danish energy group Orsted posted third-quarter profit well above analyst expectations on Thursday and lifted its outlook for the year, in part thanks to the contribution from new offshore wind projects.Orsted now expects EBITDA for the year…

Ørsted Completes Divestment in Hornsea 1 Offshore Wind Farm

Nov 26, 2018

Danish offshore wind farm developer Orsted A/S has completed the divestment of 50% of the Hornsea 1 Offshore Wind Farm to Global Infrastructure Partners (GIP).Three months ago, Ørsted signed an agreement to sell 50% of the 1,218MW offshore wind farm Hornsea 1 to Global Infrastructure Partners (GIP)…

Orsted Expands US Business with $510 Mln Acquisition

Oct 08, 2018

Orsted, the world's largest offshore wind developer, said on Monday it would buy U.S.-based Deepwater Wind LLC for $510 million as part of its strategy to expand in a major growth market.The still small U.S. offshore wind sector is seen as one…

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