Offshore wind farm developer Ørsted has unveiled its vision of what Denmark’s first offshore wind power cluster might look like. The company’s vision is to connect Denmark to two or three neighbouring countries, such as Poland, Sweden and possibly Germany, using the island of Bornholm as a hub and connecting up to 5 GW of … Continue reading Ørsted proposes 5-GW wind energy island linking Baltic states
Continue readingTag Archives: Ørsted
The world has the solutions to solve the climate crisis
Replacing fossil fuels with green energy is the main lever to combat climate change, says energy company Ørsted in a new white paper. The power sector is key to decarbonising energy, and the green technologies needed to speed up climate action and keep global warming below 1.5ºC are already here. Almost 75% of global emissions … Continue reading The world has the solutions to solve the climate crisis
Continue reading
Ørsted to build landmark solar & storage project
Ørsted announced today that following final investment decision from its Board of Directors it has commenced construction on the company’s first utility-scale solar plus battery storage project, the 460megawatt (MWac) Permian Energy Center. The facility is located in Andrews County, Texas, and will come online in mid-2021. Upon completion of the Permian Energy Center, Ørsted … Continue reading Ørsted to build landmark solar & storage project
Continue reading
Siemens Gamesa named preferred supplier for 300 MW Hai Long 2 offshore wind power project in Taiwan
Siemens Gamesa appointed as preferred supplier for providing wind turbines and service to the wind farm; firm order subject to conditions including final investment decision by consortium partners. Siemens Gamesa Renewable Energy (SGRE) and Hai Long Offshore Wind (Hai Long) today signed a preferred supplier agreement for the delivery and servicing of turbines on the … Continue reading Siemens Gamesa named preferred supplier for 300 MW Hai Long 2 offshore wind power project in Taiwan
Continue readingØrsted inaugurates its first offshore wind farm in Taiwan
Today marks an important milestone for Ørsted as the company celebrates the inauguration of 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, secured NTD 18.7 billion in wind energy project finance and … Continue reading Ørsted inaugurates its first offshore wind farm in Taiwan
Continue reading
Ørsted presents update on its long-term financial targets
Ørsted presented a number of long-term financial targets. These targets are based on estimates of capital and operational expenses, production forecasts, outcome of offshore auctions, expected long term power prices, interest rates and other factors that are all inherently dynamic and subject to uncertainty. Given the combined impact of an adjustment of our offshore wind … Continue reading Ørsted presents update on its long-term financial targets
Continue reading
Sunrise Wind signs wind power purchase agreement with New York
On 18 July 2019, New York selected Sunrise Wind as the preferred bidder for an 880MW offshore wind farm. Sunrise Wind has now signed a 25-year OREC purchase-and-sale agreement with the New York State Energy Research and Development Authority (NYSERDA). The Sunrise Wind project has an average all-in development cost of USD80.64 per MWh (2018 … Continue reading Sunrise Wind signs wind power purchase agreement with New York
Continue readingØrsted and PGE in discussions regarding offshore wind energy projects in Poland
PGE Polska Grupa Energetyczna S.A. (‘PGE’) has announced that they have decided to commence discussions with Ørsted regarding the sale of a 50% stake in two offshore wind farm projects in the Baltic Sea with a total capacity of up to 2.5GW and the cooperation terms for their development . The subject of discussions will … Continue reading Ørsted and PGE in discussions regarding offshore wind energy projects in Poland
Continue reading
Agreement for the sale of Race Bank transmission assets
Race Bank Wind Farm Limited, a joint venture owned by Ørsted (50%), Macquarie European Infrastructure Fund 5 (25%), a fund established by Sumitomo Corporation, Sumitomo Mitsui Banking Corporation and Development Bank of Japan (12.5%) and Arjun Infrastructure Partners and Gravis Capital Management (12.5%), announced that it has signed an agreement for the sale of its … Continue reading Agreement for the sale of Race Bank transmission assets
Continue reading
Final wind turbine installed at Taiwan’s first offshore wind farm
Formosa 1 announced today that the installation of all 20 wind turbines for phase 2 of the project has now been completed. Formosa 1 is the first commercial-scale offshore wind farm in Taiwan and will be able to supply 128,000 households with wind power. The offshore construction of Formosa 1 Phase 2 started in May … Continue reading Final wind turbine installed at Taiwan’s first offshore wind farm
Continue reading
Final wind turbine installed on world’s largest offshore wind farm
Ørsted has today announced that the final of 174 wind turbines has been installed at the world’s largest offshore wind farm Hornsea 1. The component loadout took place at Siemens Gamesa Renewable Energy’s factory in Hull, where the majority of blades were constructed, and the components were then transported 120km out to sea. The wind … Continue reading Final wind turbine installed on world’s largest offshore wind farm
Continue reading
Ørsted partners with Pict Offshore to develop game-changing technology for offshore wind energy
Ørsted 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, is a motion compensated hoist solution that enables technicians to safely transfer between small moving … Continue reading Ørsted partners with Pict Offshore to develop game-changing technology for offshore wind energy
Continue reading
Ørsted to pioneer deployment of GE’s next generation offshore wind turbines
Ørsted, the world-leading offshore wind energy developer, has selected GE Renewable Energy as the preferred wind turbine supplier for two of its US offshore wind farms which marks the world’s first commercial deployment of GE’s Haliade-X 12MW offshore wind turbine. Subject to final agreed and signed contract and all required project approvals, Ørsted will deploy … Continue reading Ørsted to pioneer deployment of GE’s next generation offshore wind turbines
Continue reading
Wind energy in Taiwan: Ørsted hires Van Oord
Ørsted has contracted Van Oord to carry out cable installation works for the 900-MW Greater Changhua 1 & 2a cluster of offshore wind power projects in Taiwan. Van Oord will be in charge of the transportation, installation and burial of the 111 inter array cables and three export cables for the wind energy projects. For … Continue reading Wind energy in Taiwan: Ørsted hires Van Oord
Continue reading
Historic offshore wind farm turns ten
Located far from the Danish coast and in an area of the North Sea with high waves, the Horns Rev 2 offshore wind farm, the world’s largest of its kind at the time, has been covering the annual power consumption of around 200,000 Danish households with renewable energy for the past decade. When HRH The … Continue reading Historic offshore wind farm turns ten
Continue reading
Taiwan offshore wind farm produces first power
The second phase of Formosa 1 will comprise 20 Siemens Gamesa 6MW offshore wind turbines. 10 of these have now been installed, and six of them have started gradually generating power. When the first of the new wind turbines started generating clean renewable energy, it set a new milestone for Taiwan’s offshore wind industry and … Continue reading Taiwan offshore wind farm produces first power
Continue readingOrsted sees market potential in Korean offshore wind power
Denmark’s state-run energy company Orsted sees high potential in the Korean offshore wind power market, intending to build long-term, sustainable relationships with the Korean government and companies. “Korea has a high potential in the offshore wind power market, given that the nation is a peninsular, possesses numerous sites with superb wind and the government’s strong … Continue reading Orsted sees market potential in Korean offshore wind power
Continue reading
Ørsted to build wind farm in Nebraska
Ørsted’s U.S. onshore company, Lincoln Clean Energy (LCE), a leading developer of US renewables, issued the ‘Final Notice to Proceed’ on its Plum Creek wind facility in Wayne County, Nebraska. The milestone follows Ørsted Board approval of the final investment decision. The 230MW wind farm is expected to be operational in 2020 and will generate … Continue reading Ørsted to build wind farm in Nebraska
Continue reading
Ørsted switches to electric vehicles
Ørsted has decided to phase out fossil-fuelled vehicles and make its car fleet 100% electric. As of 2021, the company will no longer buy or lease fossil-fuelled vehicles, and in 2025, Ørsted’s car fleet will be 100% electric. Ørsted is the first Danish company to join the global EV100 initiative. Over the past decade, Ørsted … Continue reading Ørsted switches to electric vehicles
Continue readingØrsted’s strong first half with two major US offshore wind power projects awarded
Ørsted’s Board of Directors approved the interim report for the first half-year (H1) of 2019. We achieved an operating profit (EBITDA) of DKK 8.8 billion, up 2% compared to H1 2018 and we are well on track to deliver on our full-year guidance. Earnings from our offshore wind farms in operation increased by 18%, driven … Continue reading Ørsted’s strong first half with two major US offshore wind power projects awarded
Continue reading