Two of Denmark’s largest companies, Danfoss and Ørsted, have signed a corporate power purchase agreement for 27 MW of the capacity of Horns Rev 2 Offshore Wind Farm. Danfoss, a world-leading industrial manufacturer of energy efficient solutions, has signed a 10-year fixed price corporate power purchase agreement (CPPA) with Ørsted to offtake the renewable electricity … Continue reading Danfoss and Ørsted sign wind power PPA
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Ørsted signs wind energy PPA with Target and Hormel Foods Corporation
Energy will come from the Haystack Wind Power project in Nebraska, US, currently under construction and expected online later this year. In addition to PepsiCo, announced earlier this year, Target, a general merchandise retailer, and Hormel Foods, a global branded food company, have signed long-term agreements with Ørsted to purchase energy from the 298 MW … Continue reading Ørsted signs wind energy PPA with Target and Hormel Foods Corporation
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Ørsted and PGE form 50-50 joint venture on Baltica 2 and 3 wind power plants
Ørsted and PGE Polska Grupa Energetyczna S.A. (‘PGE’) have signed an agreement to form a 50/50 joint venture for the development, construction and operation of two offshore wind projects in the Baltic Sea with a total potential capacity of up to 2.5 GW. Ørsted will subscribe for new shares representing 50% of the total share … Continue reading Ørsted and PGE form 50-50 joint venture on Baltica 2 and 3 wind power plants
Continue readingHow Ørsted works to ensure a sustainable build-out of green energy
With renewable energy poised to grow at unprecedented pace and scale, Ørsted points to three sustainability challenges at the core of driving a sustainable green energy build-out. Read more in their Sustainability report 2020. The global deployment of renewable energy has gathered pace over the past decade, and is set to triple from about 1,600 … Continue reading How Ørsted works to ensure a sustainable build-out of green energy
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The production from the Horns Rev 2 Offshore Wind Farm in Denmark topped 10 billion kWh
Since HRH The Crown Prince inaugurated Ørsted’s offshore wind farm Horns Rev 2 in 2009, the 91 wind turbines at the 35 km2-sized wind farm have generated enough wind power to cover 3 % of the total Danish power consumption. On 17 September 2009, HRH The Crown Prince inaugurated the Horns Rev 2 Offshore Wind … Continue reading The production from the Horns Rev 2 Offshore Wind Farm in Denmark topped 10 billion kWh
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Ørsted reorganises to position for future growth
Over the past decade, Ørsted has successfully undertaken one of the most profound transformations in the global energy industry, transforming from a fossil-based Danish utility business into a global leader in green energy. Over the next decade, global renewable energy markets are expected to grow at double-digit annual growth rates, and installed renewable capacity is … Continue reading Ørsted reorganises to position for future growth
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Ørsted signs long-term wind power purchase agreements with PepsiCo for Nebraska and Texas wind farms
PepsiCo will purchase wind energy from the Haystack and Western Trail wind farm projects, currently under construction and expected online later this year. PepsiCo Inc. has signed two agreements with Ørsted to purchase a portion of energy from the 298 MW Haystack wind project in Nebraska and the 367 MW Western Trail wind project in … Continue reading Ørsted signs long-term wind power purchase agreements with PepsiCo for Nebraska and Texas wind farms
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Offshore wind energy to produce hydrogen
ITM Power, Ørsted, Siemens Gamesa Renewable Energy, and Element Energy have been awarded EUR 5 million in funding from The Fuel Cells and Hydrogen Joint Undertaking (FCH2-JU) under the European Commission to demonstrate and investigate a combined wind turbine and electrolyser system designed for operation in marine environments. The Fuel Cells and Hydrogen 2 Joint … Continue reading Offshore wind energy to produce hydrogen
Continue readingØrsted brings in CDPQ and Cathay PE as investors in the Greater Changhua 1 Offshore Wind Farm
Ørsted has today signed agreements with a consortium comprising global institutional investor Caisse de dépôt et placement du Québec (CDPQ), and Taiwanese private equity fund Cathay PE, who will be acquiring a total of 50 % ownership share of Ørsted’s 605 MW Greater Changhua 1 Offshore Wind Farm. CDPQ will be the majority owner among … Continue reading Ørsted brings in CDPQ and Cathay PE as investors in the Greater Changhua 1 Offshore Wind Farm
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Siemens Gamesa and Ørsted sign their first onshore wind power project in the United States
Project consists of 51 SG 5.0-145 wind turbines and 18 safe harbor turbines for total of 298 MW and a long-term service and maintenance agreement. Siemens Gamesa will supply the wind turbines for the 298 MW Haystack wind farm in Nebraska.This is the first onshore project for both companies in the United States, following the … Continue reading Siemens Gamesa and Ørsted sign their first onshore wind power project in the United States
Continue readingØrsted and Amazon sign Europe’s largest offshore wind energy corporate PPA
Amazon, the technology company based in Seattle, Washington, has signed a 10-year corporate power purchase agreement with Ørsted, the world-leader in offshore wind, to offtake the output of 250MW from Ørsted’s planned 900MW Borkum Riffgrund 3 offshore wind farm in Germany. This CPPA will contribute to Amazon’s target of being 100% renewable by 2030 as … Continue reading Ørsted and Amazon sign Europe’s largest offshore wind energy corporate PPA
Continue readingØrsted divests 25% of Ocean Wind to PSEG
Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). PSEG’s contribution will include both a conventional and tax equity investment in the project. The partners did not disclose the value of the transaction. In June 2019, … Continue reading Ørsted divests 25% of Ocean Wind to PSEG
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Ørsted enters a two-year agreement from 325 MW of onshore wind energy in the Netherlands
Greenchoice, an energy company with a strong focus on sustainability, manages a portfolio of 325 MW of onshore wind power in the Netherlands. Ørsted has now been chosen to bring the green energy to market and will therefore be responsible for selling and balancing the power from Greenchoice’s onshore wind portfolio. Morten Buchgreitz, Executive Vice … Continue reading Ørsted enters a two-year agreement from 325 MW of onshore wind energy in the Netherlands
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Ørsted joins the SteelZero initiative to support transition to low-carbon steel
The renewable energy company sees low-carbon steel as critical to achieving a carbon-neutral supply chain by 2040, and important to meeting global climate goals. SteelZero, a global initiative to drive market demand for net-zero emissions steel, was launched today with support from major steel-using organisations, including Ørsted. The steel industry contributes about 7 % of … Continue reading Ørsted joins the SteelZero initiative to support transition to low-carbon steel
Continue readingØrsted’s first Dutch offshore wind farm fully commissioned
Ørsted has fully commissioned the Borssele 1 & 2 offshore wind farm. The wind farm has a capacity of 752 MW, making it the largest offshore wind farm in the Netherlands and the second largest operating offshore wind farm in the world. Borssele 1 & 2 provides enough green electricity to power one million Dutch … Continue reading Ørsted’s first Dutch offshore wind farm fully commissioned
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Ørsted to trade and balance 15 years of power generation from the offshore wind farm Dogger Bank
Ørsted has signed an agreement with Dogger Bank Wind Farm under which Ørsted will be responsible for the trading and balancing of 40 % of the power generated from the first two phases of the 3.6 GW wind farm. Ørsted will trade and balance 960MW of renewable power production from the 2.4GW of installed capacity … Continue reading Ørsted to trade and balance 15 years of power generation from the offshore wind farm Dogger Bank
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Ørsted aims to develop offshore wind energy projects in South Korea
Ørsted today announced its intention to develop South Korean offshore wind power projects with a potential capacity of up to 1.6GW off the coast of Incheon City. The announcement was made at an event joined by National Assembly members, South Korea’s Energy Agency, and key industry leaders with offshore wind track records in South Korea’s … Continue reading Ørsted aims to develop offshore wind energy projects in South Korea
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Ørsted and bp to develop renewable hydrogen project in Germany
Ørsted and bp have agreed to jointly develop a potential large-scale renewable hydrogen project at bp’s Lingen Refinery in North West Germany (Emsland). The project, which is expected to be operational in 2024, will comprise a 50 Megawatt (MW) electrolyser system capable of generating one ton of renewable hydrogen per hour or almost 9,000 tonnes … Continue reading Ørsted and bp to develop renewable hydrogen project in Germany
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Ørsted starts construction of 298 MW Nebraska wind power project
Ørsted continues to expand its footprint in the Southwest Power Pool (SPP) via the acquisition and final investment decision of the 298 MW Haystack Wind Farm in Wayne County, Nebraska.Situated adjacent to Ørsted’s 230 MW Plum Creek wind farm, Haystack will utilize existing interconnection infrastructure in SPP North. Haystack is expected to come online in … Continue reading Ørsted starts construction of 298 MW Nebraska wind power project
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Ørsted and Yara seek to develop groundbreaking green ammonia project in the Netherlands
Ørsted, the world’s leading offshore wind developer, and Yara, the world’s leading fertilizer company, have joined forces in developing a pioneering project aiming at replacing fossil hydrogen with renewable hydrogen in the production of ammonia with the potential to abate more than 100,000 tonnes of CO2 per year, equivalent to taking 50,000 conventional cars off … Continue reading Ørsted and Yara seek to develop groundbreaking green ammonia project in the Netherlands
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