Tag Archives: Ørsted

REWE Group and Ørsted sign long-term power purchase agreement for future German offshore wind farm

REWE Group, one of Germany’s leading food retailers, has signed a 10-year power purchase agreement with Ørsted to procure 100 MW of green electricity from Ørsted’s Borkum Riffgrund 3 offshore wind farm which is set to become operational in 2025. Having procured electricity from renewable energy sources since 2008, the agreement with Ørsted represents REWE … Continue reading REWE Group and Ørsted sign long-term power purchase agreement for future German offshore wind farm

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Ørsted and T&T sign MoU on strategic collaboration for offshore wind projects in Vietnam

The collaboration between Ørsted and T&T brings together a multi-GW pipeline of greenfield offshore wind projects located off the coasts of the Binh Thuan and Ninh Thuan provinces. Mrs. Nguyen Thi Thanh Binh, Deputy General Director of T&T Group and Mr. Martin Neubert, COO & Deputy Group CEO of Ørsted, signed the Memorandum of Understanding … Continue reading Ørsted and T&T sign MoU on strategic collaboration for offshore wind projects in Vietnam

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World-leading experts in artificial island construction will support Ørsted and ATP in bid for the North Sea energy island

Ørsted, the global leader in offshore wind, and ATP, Denmark’s largest institutional investor, are bringing in three world-leading industrial construction experts to support Ørsted and ATP’s bid for the North Sea energy island. The Danish North Sea energy island is a bold and visionary ambition for developing renewable energy at an unprecedented scale and a … Continue reading World-leading experts in artificial island construction will support Ørsted and ATP in bid for the North Sea energy island

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EU OYSTER Consortium chooses Grimsby for innovative hydrogen project

Grimsby has been chosen as the location for an innovative “marinised” electrolyser project for renewable hydrogen production. The Fuel Cells and Hydrogen Joint Undertaking (FCH JU) funded OYSTER project will develop and demonstrate an electrolyser system designed to be integrated with offshore wind turbines. The project will also investigate the potential of using pipelines to … Continue reading EU OYSTER Consortium chooses Grimsby for innovative hydrogen project

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Ørsted signs monopile foundation contracts for offshore wind projects

Following an EU tender, Ørsted has signed strategic volume contracts with Bladt Industries and Steelwind Nordenham who will be supplying monopile foundations for Ørsted’s German offshore wind farms Gode Wind 3 (242 MW) and Borkum Riffgrund 3 (900 MW). Photo from Borkum Riffgrund 2 which came into operation in 2018. The two suppliers will be … Continue reading Ørsted signs monopile foundation contracts for offshore wind projects

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Significant US offshore wind energy capacity awarded

Today, Ørsted’s Board of Directors approved the interim report for the first half year of 2021. Our operating profit (EBITDA) for the first half year amounted to DKK 13.1 billion, a DKK 3.3 billion increase compared to the same period last year. The increase was driven by a gain of DKK 5.4 billion from the … Continue reading Significant US offshore wind energy capacity awarded

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Ørsted lights up wind turbines in rainbow colours

From Thursday, 12 August to Sunday, 22 August, the three wind turbines at Avedøre Power Station in Copenhagen, Denmark will be lit up in rainbow colours. The occasion is Copenhagen 2021 – WorldPride and EuroGames where the energy company is an official partner aiming to promote diversity and inclusion. Two of the three wind turbines … Continue reading Ørsted lights up wind turbines in rainbow colours

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Ørsted signs power purchase agreement with the Microsoft Corporation

Ørsted and Microsoft Corporation have entered into an agreement for Microsoft to purchase energy from Old 300 Solar Center in Fort Bend County, Texas. Per the terms of Ørsted’s agreement, Microsoft will buy power from Ørsted’s 430 MWAC solar energy center Old 300 in Fort Bend County, Texas, which is expected to come online in … Continue reading Ørsted signs power purchase agreement with the Microsoft Corporation

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Ørsted completes largest onshore wind power project to date

The 130-wind turbine project strengthens Ørsted’s Texas asset base as it continues to scale the business. Ørsted has completed the 367 MW Western Trail Wind Farm located in Wilbarger and Baylor counties, Texas – its largest onshore wind project to date that brings Ørsted’s total onshore capacity to over 2.8 GW of wind, solar, and battery storage … Continue reading Ørsted completes largest onshore wind power project to date

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Ørsted announces partnership with Falck Renewables and BlueFloat Energy to unlock floating wind energy in Scotland

Ørsted, the world leader in offshore wind power, today announces a partnership with onshore wind community engagement pioneer Falck Renewables and floating wind expert BlueFloat Energy, to participate in the upcoming ScotWind leasing round. The consortium is set to apply for seabed leases in sites which lend themselves to the deployment of large-scale floating wind … Continue reading Ørsted announces partnership with Falck Renewables and BlueFloat Energy to unlock floating wind energy in Scotland

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Vestas to supply 29 MW of wind power in Ireland for Ørsted

Vestas has secured a 29 MW order from Ørsted for the Lisheen 3 wind farm in County Tipperary, Ireland. The order includes the supply, installation and maintenance of eight V136-3.45 MW wind turbines in 3.6 MW operating mode. It will be the third phase of the Vestas-supplied wind farms at the project location, following the … Continue reading Vestas to supply 29 MW of wind power in Ireland for Ørsted

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Ørsted awarded 1,148 MW offshore wind energy contract in New Jersey

The New Jersey Board of Public Utilities (BPU) has issued an order awarding Ocean Wind 2 a 20-year OREC (Offshore Renewable Energy Certificate) for its proposed offshore wind farm with a capacity of 1,148 MW. With today’s award, the Ocean Wind lease will be utilized to its maximum capacity of approx 2.3 GW. The 2029 … Continue reading Ørsted awarded 1,148 MW offshore wind energy contract in New Jersey

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Ørsted completes acquisition of Ireland and UK onshore wind power platform from Brookfield Renewable

Ørsted has completed the acquisition of a 100 % equity interest in Brookfield Renewable’s onshore wind business in Ireland and the UK, Brookfield Renewable Ireland (BRI). BRI is a developer, owner, and operator of onshore wind farms headquartered in Cork, Ireland. BRI has a portfolio of 389 MW in operation and under construction, 149 MW … Continue reading Ørsted completes acquisition of Ireland and UK onshore wind power platform from Brookfield Renewable

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Ørsted joins Norwegian offshore wind consortium with Fred. Olsen Renewables and Hafslund Eco

Ørsted joins consortium with Fred. Olsen Renewables and Hafslund Eco establishing a long-term partnership to develop offshore wind pòwer in Norway and to compete in Norway’s upcoming application round for offshore wind areas. The Norwegian part of the North Sea holds great potential for the development of large-scale offshore wind farms that can supply green … Continue reading Ørsted joins Norwegian offshore wind consortium with Fred. Olsen Renewables and Hafslund Eco

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World Resources Institute and Ørsted: How governments can scale up private sector investment in the renewable energy transition

Governments must work with the private sector to scale up much needed investments through conducive regulatory frameworks and policy solutions to speed up the decarbonization of the energy sector and avert the worst effects of climate change, says WRI and Ørsted in their new joint working paper. To achieve a net-zero society by 2050 and … Continue reading World Resources Institute and Ørsted: How governments can scale up private sector investment in the renewable energy transition

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Ørsted commits to sustainable recycling of wind turbine blades

Ørsted commits to either reuse, recycle, or recover all of the wind turbine blades in its global portfolio of onshore and offshore wind farms upon decommissioning. Ørsted has decommissioned one wind power asset, the offshore wind farm Vindeby. On Ørsted’s Capital Markets Day, the company announced its new commitment to either reuse, recycle, or recover … Continue reading Ørsted commits to sustainable recycling of wind turbine blades

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Ørsted aims for net-positive biodiversity impact from new projects commissioned from 2030

As a global sustainability leader with a strong commitment to protect biodiversity, Ørsted sets the ambition to deliver a net-positive biodiversity impact from all new renewable energy projects it commissions from 2030 at the latest. The ambition is part of the company’s new strategy. The accelerated global build-out of renewable energy which is needed to … Continue reading Ørsted aims for net-positive biodiversity impact from new projects commissioned from 2030

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Ørsted accelerates growth to realise its full potential as a global wind energy major

In connection with the company’s Capital Markets Day, the Board of Directors today approved Ørsted’s new strategic ambition and financial guidance. Over the past decade, Ørsted has built a global market-leading position in renewable energy with a total of 12 GW of installed renewable capacity. Looking ahead, the global build-out of renewable energy is expected … Continue reading Ørsted accelerates growth to realise its full potential as a global wind energy major

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Ørsted completed the divestment of 50 % of the Borssele 1 & 2 Offshore Wind Farm in the Netherlands

Further to the announcement issued on 7 April 2021, Ørsted has today completed the divestment of 50 % of the Borssele 1 & 2 Offshore Wind Farm in the Netherlands to Norges Bank Investment Management. Ørsted will also provide NBIM with balancing services and a long-term route to market for the renewable electricity generated by Borssele … Continue reading Ørsted completed the divestment of 50 % of the Borssele 1 & 2 Offshore Wind Farm in the Netherlands

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Ørsted and HOFOR enters into agreement on green power for groundbreaking hydrogen project

Today, Ørsted and HOFOR (Greater Copenhagen Utility) entered into an agreement that will secure green power for part of the potential 1.3 GW Green Fuels for Denmark project to produce sustainable fuels in the Greater Copenhagen area. Avedøre Power Station, where the power from Aflandshage can be brought onshore. As part of the agreement, Ørsted and … Continue reading Ørsted and HOFOR enters into agreement on green power for groundbreaking hydrogen project

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