Orsted

(IN BRIEF) Ørsted and Nuveen Infrastructure’s Borkum Riffgrund 3 offshore wind farm has delivered its first power to the German grid, marking a major progress point toward full operation expected in Q1 2026. The 913 MW project — now Ørsted’s … Read the full press release →

(IN BRIEF) Ørsted has launched its new Osonic technology platform and secured its first preferred supplier agreement with Luxcara, enabling the commercial rollout of its low-noise jetting-based monopile installation method. Having already proven its effectiveness at the Gode Wind 3 … Read the full press release →

(IN BRIEF) Ørsted has decided to discontinue the Hornsea 4 offshore wind project due to increased costs, higher interest rates, and elevated risks, making the project’s current execution untenable. The company plans to explore alternative options for the project while … Read the full press release →

(IN BRIEF) DNV and Ørsted have achieved a major milestone in the development of Project Bifrost, a CCS project aimed at CO₂ underground storage in the Danish North Sea. DNV has granted a Statement of Feasibility (SoF) for repurposing Ørsted’s … Read the full press release →

(IN BRIEF) Ørsted has completed a farm-down of a 24.5% stake in the West of Duddon Sands Offshore Wind Farm to Schroders Greencoat, valued at GBP 456.1 million. The transaction supports Ørsted’s capital structure, risk diversification, and capital recycling strategy. … Read the full press release →

(IN BRIEF) Effective 1 May 2025, Ørsted is expanding its Group Executive Team with the appointments of Amanda Dasch as Chief Development Officer and Godson Njoku as Chief Generation Officer. Dasch will lead commercial development and strategic functions globally, while … Read the full press release →

(IN BRIEF) Ørsted has made a significant step towards the realization of Denmark’s first full-scale carbon capture and storage project, the Ørsted Kalundborg CO2 Hub, with the successful installation of key components at Avedøre and Asnæs Power Stations. This milestone … Read the full press release →

(IN BRIEF) Covestro has achieved net-zero Scope 2 electricity emissions at four of its U.S. production sites through a virtual Power Purchase Agreement (vPPA) with Ørsted. This collaboration, which provides 90 MW of renewable energy capacity, allows Covestro to reduce … Read the full press release →

(IN BRIEF) Ørsted has officially launched offshore construction for the Greater Changhua 2b and 4 offshore wind farms, marking a major step forward in Taiwan’s clean energy transition. With an output of 920 MW, these wind farms will play a … Read the full press release →

(IN BRIEF) Ørsted has announced Rasmus Errboe as its new Group President and CEO, effective February 1, 2025, following Mads Nipper’s decision to step down. The leadership change comes as Ørsted faces a rapidly evolving renewable energy market, particularly in … Read the full press release →