Tag Archives: Ørsted

Ørsted and Equinor Partner in Major Carbon Removal Deal to Drive Negative Emissions

(IN BRIEF) Ørsted has entered into an agreement with Equinor to supply 330,000 tonnes of carbon dioxide removal (CDR) credits over ten years, as part of Ørsted’s Kalundborg CO2 Hub project. This project, starting in 2026, will capture 430,000 tonnes … Read the full press release

Ørsted Secures Key Contracts for World’s Largest Offshore Wind Projects in UK Energy Auction

(IN BRIEF) Ørsted has secured Contracts for Difference (CfDs) from the UK Department for Energy Security and Net Zero for significant portions of its Hornsea 3 and Hornsea 4 offshore wind farms. Hornsea 3, set to become the world’s largest … Read the full press release

Ørsted Deploys Heavy-Lift Drones for Borssele Offshore Wind Farm Operations

(IN BRIEF) Ørsted has deployed heavy-lift cargo drones at the Borssele 1&2 Offshore Wind Farm, marking a significant advancement in operational efficiency and safety. These drones, capable of carrying up to 100 kg, significantly reduce the time required for cargo … Read the full press release

Ørsted Introduces Revolutionary Low-Noise Technology for Offshore Wind Foundations

(IN BRIEF) Ørsted, a leader in offshore wind energy, has unveiled a groundbreaking low-noise installation method for monopile foundations at the Gode Wind 3 wind farm in Germany. This innovative technology, successfully tested on three monopiles, utilizes a patented jetting … Read the full press release

Ørsted and Nuveen Infrastructure Reach Milestone with First Turbine Installed at Borkum Riffgrund 3 Offshore Wind Farm

(IN BRIEF) Ørsted and Nuveen Infrastructure have achieved a significant milestone with the installation of the first wind turbine at the Borkum Riffgrund 3 offshore wind farm in Germany. Once completed, this 913 MW project will be Germany’s largest offshore … Read the full press release

Ørsted Completes Helena Energy Center, Texas’ Largest Combined Wind and Solar Project

(IN BRIEF) Ørsted has completed the Helena Energy Center in Bee County, South Texas, comprising a 518 MW combined wind and solar project. This marks Ørsted’s first co-located wind and solar initiative and is the largest renewable energy project in … Read the full press release

Ørsted’s Offshore Wind Projects Drive Profit Growth in Q1 2024

(IN BRIEF) Ørsted’s interim report for the first quarter of 2024 reveals operating profit in line with expectations, with a notable 18% increase in offshore site earnings, attributed to factors such as higher wind speeds and successful project completions. The … Read the full press release

Ørsted Secures Feasibility Licences for Offshore Wind Projects in Gippsland, Victoria

(IN BRIEF) The Australian Government has granted feasibility licences to Ørsted for its first offshore wind project in Australia, with intentions to grant a licence for a second project pending consultation. These licences provide Ørsted with exclusive site access to … Read the full press release

Ørsted Streamlines European Onshore Renewables Focus with ENGIE Deal

(IN BRIEF) Ørsted, a global leader in renewable energy, is divesting its French onshore operations to ENGIE as part of its strategic realignment towards key European markets for onshore renewables. The share purchase agreement includes the sale of OSTWIND International … Read the full press release

Taiwan Inaugurates Asia-Pacific’s Largest Offshore Wind Farms, Doubling Nation’s Capacity

(IN BRIEF) Taiwan celebrates the inauguration of the Greater Changhua 1 and 2a offshore wind farms, marking a significant milestone in the nation’s renewable energy journey. With a total installed capacity of 900 MW, these wind farms are the largest … Read the full press release

Ørsted Successfully Concludes Tender Offer for Hybrid Capital Securities

(IN BRIEF) Ørsted A/S has finalized its invitation to holders of its EUR 500,000,000 2.25% green hybrid capital securities due in 3017 to tender their securities for purchase by Ørsted for cash. With EUR 249,544,000 in aggregate principal amount of … Read the full press release

Ørsted Expands Footprint in Korea with Incheon Offshore Wind Project Agreement

(IN BRIEF) Ørsted, a global renewable energy leader, has partnered with Incheon Metropolitan City, Korea, to develop an offshore wind power industry in the region. The collaboration aims to establish a local wind power sector centered around Ørsted’s 1.6 GW … Read the full press release

DNV’s ReWind Pilot Demonstrates Cost and Time Savings in Wind Turbine Decommissioning

(IN BRIEF) DNV has successfully piloted ReWind, a digital service aimed at enhancing the sustainability of wind turbine decommissioning. The pilot involved seven customers across seven countries, resulting in significant time and cost savings compared to traditional methods. ReWind automates … Read the full press release

Ørsted’s Innovative Approach to Surplus Heat: A Win for Green District Heating

(IN BRIEF) Ørsted, a leading renewable energy company, has teamed up with Danish district heating providers VEKS and CTR to utilize surplus heat generated by a carbon capture plant at Avedøre Power Station. This surplus heat will be used to … Read the full press release

Ørsted Repositions Skipjack Wind Project for Future Opportunities Amid Challenging Market Conditions

(IN BRIEF) Ørsted has announced its decision to reposition the Skipjack Wind project, a combined 966 MW offshore wind project off the coast of the Delmarva peninsula in the US, to explore future offtake opportunities. In consultation with the State … Read the full press release

Ørsted Approves Investment in 22nd Irish Wind Farm, Boosting Renewable Energy in the Region

(IN BRIEF) Ørsted has given the green light for the Farranrory Onshore Wind Farm in Tipperary, marking its 22nd wind farm project in Ireland. Comprising nine wind turbines with a total capacity of 43.2 MW, the wind farm is set … Read the full press release

DNV to Certify Ørsted and PGE’s Baltica 2 Offshore Wind Farm in Poland

(IN BRIEF) DNV has secured a contract from Ørsted and PGE to certify the Baltica 2 offshore wind farm located in the Polish part of the Baltic Sea. This project plays a crucial role in Poland’s transition to green energy, … Read the full press release

EIB and Ørsted Sign €400 Million Agreement to Boost Renewable Energy in Europe

(IN BRIEF) The European Investment Bank (EIB) and Ørsted have inked a €400 million framework loan agreement to support the expansion of wind energy production, in alignment with the RePowerEU initiative’s objectives. This marks their fifteenth joint project, reflecting Ørsted’s … Read the full press release

Ørsted’s Historic Carbon Capture Project in Denmark Takes Flight

(IN BRIEF) Ørsted has commenced construction on two carbon capture facilities at the Asnæs Power Station and Avedøre Power Station in Denmark, marking the country’s inaugural full-scale carbon capture endeavor. This project, backed by a 20-year contract from the Danish … Read the full press release

FlagshipONE: Ørsted’s Carbon-Neutral Shipping Initiative Secures EU-Catalyst Partnership Support at COP28

(IN BRIEF) At COP28, Ørsted announced that its FlagshipONE project, Europe’s largest e-methanol plant, has received support from the EU-Catalyst Partnership, including the European Commission, Breakthrough Energy Catalyst, and the European Investment Bank. This partnership will aid in advancing carbon-neutral … Read the full press release

DNV and Partners Advance Offshore Wind Emission Reduction Framework

(IN BRIEF) DNV and 14 industry partners, including RWE, Vattenfall, Ørsted, and others, have completed phase 1 of the Emission Reduction (EMRED) Joint Industry Project (JIP), which aims to develop a monitoring and reporting framework for quantitatively assessing greenhouse gas … Read the full press release

Ørsted Announces Departure of CFO and COO, Initiates Search for New Leadership

(IN BRIEF) Ørsted, a global leader in renewable energy, has announced the departure of two members of its executive management team: Daniel Lerup, Chief Financial Officer (CFO), and Richard Hunter, Chief Operating Officer (COO), by mutual agreement. This decision is … Read the full press release

Danish Wind Farm Cultivates Climate-Friendly Foods to Combat the Climate Crisis

(IN BRIEF) The Anholt Offshore Wind Farm in Denmark has launched a research project to cultivate low-carbon foods like seaweed and mussels while protecting the marine environment. The project aims to address both the climate crisis and marine conservation by … Read the full press release

Ørsted Ceases Development of Ocean Wind 1 and 2 Projects, Proceeds with Revolution Wind Amid Impairments

(IN BRIEF) Danish renewable energy company Ørsted has made significant decisions regarding its US offshore wind portfolio. The company has chosen to discontinue the development of the Ocean Wind 1 and 2 projects due to supplier delays, changing assumptions, and … Read the full press release

Avedøre Power Station Partners with Ørsted for Innovative Carbon Capture and Storage Project

(IN BRIEF) Avedøre Power Station, located south of Copenhagen and operated by Ørsted, is embarking on an ambitious carbon capture and storage (CCS) initiative as part of its transition to greener energy sources. The power station, which has already phased … Read the full press release

Ørsted to Divest Remaining Stake in London Array Offshore Wind Farm for £717 Million

(IN BRIEF) Ørsted, a leading renewable energy company, has signed an agreement to sell its remaining 25% minority interest in the London Array Offshore Wind Farm in the UK to funds managed by Schroders Greencoat, a specialist asset manager in … Read the full press release

Ørsted secures long-term revenues for Taiwan offshore wind farms with corporate power purchase agreement

(IN BRIEF) Ørsted has announced the final investment decision (FID) for its Greater Changhua 2b and 4 offshore wind farms in Taiwan, with a completion timeline set for the end of 2025. The 920 MW grid capacity of the wind … Read the full press release

Ørsted fortalece su presencia en Irlanda con la adquisición del proyecto solar Garrenleen

(NOTICIA EN BREVE) Ørsted, una empresa líder en energía sostenible, ha adquirido el proyecto solar Garrenleen de 160 MW del desarrollador de energía renovable Terra Solar. Este es el segundo proyecto solar de Ørsted en Irlanda y refuerza su compromiso … Read the full press release

Ørsted Strengthens Presence in Ireland with Acquisition of Garrenleen Solar Project

(IN BRIEF) Ørsted, a leading sustainable energy company, has acquired the 160 MW Garrenleen solar project from renewable energy developer Terra Solar. This is Ørsted’s second solar project in Ireland and reinforces its commitment to reaching 17.5 GW of onshore … Read the full press release

Ørsted to leverage the strong fit between large-scale renewable energy and Power-to-X as part of a new large-scale project in Denmark

(PRESS RELEASE) FREDERICIA, 6-Dec-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants as well as the world’s most sustainable energy company, has announced a … Read the full press release

Ørsted, um die starke Übereinstimmung zwischen großen erneuerbaren Energien und Power-to-X im Rahmen eines neuen Großprojekts in Dänemark zu nutzen

(PRESSEMITTEILUNG) FREDERICIA, 6-Dec-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), ein führender dänischer Betreiber von Offshore- und Onshore-Windparks, Solarparks, Energiespeicheranlagen und Bioenergieanlagen sowie das nachhaltigste Energieunternehmen der Welt, hat eine neue Partnerschaft für die Entwicklung einer großen Power-to-X-Anlage in Westdänemark zusammen … Read the full press release

WWF, the world leader in nature conservation, and Ørsted, the world’s most sustainable energy company, partner over achieving a net-positive biodiversity impact when developing offshore wind

(PRESS RELEASE) FREDERICIA, 26-Oct-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants as well as the world’s most sustainable energy company, has announced a … Read the full press release

Der WWF, weltweit führend im Naturschutz, und Ørsted, das nachhaltigste Energieunternehmen der Welt, gehen eine Partnerschaft ein, um bei der Entwicklung von Offshore-Windenergie einen positiven Einfluss auf die Biodiversität zu erzielen

(PRESSEMITTEILUNG) FREDERICIA, 26-Oct-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), ein führender dänischer Betreiber von Offshore- und Onshore-Windparks, Solarparks, Energiespeicher und Bioenergieanlagen sowie die weltweit nachhaltigsten Energie hat eine neue fünfjährige globale Partnerschaft mit dem WWF, dem weltweit führenden Naturschutzunternehmen, angekündigt, … Read the full press release

Ørsted to sell a stake in a portfolio of wind and solar farms in the US to Energy Capital Partners for USD 410 million

(PRESS RELEASE) FREDERICIA, 21-Oct-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, has announced the sale of a 50 % ownership stake in a … Read the full press release

Ørsted verkauft eine Beteiligung an einem Portfolio von Wind- und Solarparks in den USA für 410 Millionen US-Dollar an Energy Capital Partners

(PRESSEMITTEILUNG) FREDERICIA, 21-Oct-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), ein führender dänischer Betreiber von Offshore- und Onshore-Windparks, Solarparks , Energiespeicher und Bioenergieanlagen, hat den Verkauf einer 50 %-Beteiligung an einem Portfolio bestehend aus drei Onshore-Windparks und einem Solarpark in den … Read the full press release

Ørsted commits to become the world’s first company to have all of its suppliers using 100 percent renewable electricity by 2025

(PRESS RELEASE) FREDERICIA, 10-Aug-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, has announced its commitment of becoming the world’s first company to have … Read the full press release

Ørsted verpflichtet sich, das erste Unternehmen der Welt zu werden, dessen Lieferanten bis 2025 zu 100 Prozent Strom aus erneuerbaren Energien beziehen

(PRESSEMITTEILUNG) FREDERICIA, 10-Aug-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), ein führender dänischer Betreiber von Offshore- und Onshore-Windparks, Solarparks, Energiespeicheranlagen und Bioenergieanlagen, hat sein Engagement angekündigt, das weltweit erste Unternehmen zu werden, das alle seine Lieferanten bis 2025 zu 100 Prozent … Read the full press release

Ørsted to set carbon capture goals at its wood chip-fired combined heat and power plants

(PRESS RELEASE) FREDERICIA, 13-Jun-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, has announced a new 2025 goal of capturing and storing 400,000 tonnes … Read the full press release

Ørsted setzt sich Ziele für die CO2-Abscheidung in seinen mit Holzschnitzeln befeuerten Blockheizkraftwerken

(PRESSEMITTEILUNG) FREDERICIA, 13-Jun-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), ein führender dänischer Betreiber von Offshore- und Onshore-Windparks, Solarparks, Energiespeicheranlagen und Bioenergieanlagen, hat dies bekannt gegeben ein neues Ziel für 2025, 400.000 Tonnen Kohlenstoff pro Jahr abzuscheiden und zu speichern, basierend … Read the full press release

Ørsted and ESVAGT partner over the world’s first service operation vessel (SOV) that will run on green fuels

(PRESS RELEASE) FREDERICIA, Denmark, 8-Apr-2022 — /EuropaWire/ — Ørsted (CPH: ORSTED), a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, and ESVAGT, a market leader in service and support for offshore … Read the full press release