Ørsted and Good Energy Group have signed a renewal of an agreement under which the UK company will source power from the Westermost Rough offshore wind farm for its customers for a further three years. The agreement continues to secure 12% of the output of the 210MW wind farm located 8km off the Yorkshire coast … Continue reading Ørsted and Good Energy Extend Westermost Rough Co-Op
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Siemens Gamesa secures preferred supplier status for 1.1 GW offshore wind energy in Germany
Ørsted conditionally selects Siemens Gamesa to supply 900 MW Borkum Riffgrund 3 and 242 MW Gode Wind 3 offshore wind power plants in the German North Sea, SG 11.0-200 DD offshore wind turbine to be employed featuring rotor with 200-meter diameter and new B97 blades. Approx 1.2 million German households to be served by projects; … Continue reading Siemens Gamesa secures preferred supplier status for 1.1 GW offshore wind energy in Germany
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Industrial scale renewable hydrogen project advances to next phase
GBP 7.5 million funding secured for phase two of Gigastack, which is to demonstrate low-cost, zero-carbon hydrogen in the UK to industrial scale. Project consortium includes ITM Power, Ørsted, Phillips 66 Limited and Element Energy. GBP 7.5 million funding has been awarded for the next phase of Gigastack, a new renewable hydrogen project, as part … Continue reading Industrial scale renewable hydrogen project advances to next phase
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Formosa I Offshore deploys Renewable Strategy software for its wind farm
Formosa 1 offshore (FOWI) wind farm is the first commercial-scale offshore wind farm in Taiwan. The total power generation capacity for Formosa 1 is 128MW, which can supply 128,000 households in Taiwan. Renewable Strategy has deployed a computerised maintenance management software (CMMS) system that is being used on FOWI. The RSL Manager will monitor, analyse … Continue reading Formosa I Offshore deploys Renewable Strategy software for its wind farm
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Ørsted to become carbon neutral by 2025
Ørsted, recently ranked the most sustainable company in the world, will become carbon neutral by 2025. This will make Ørsted the first major energy company to reach net-zero emissions in its energy generation – far ahead of science-based decarbonisation targets for limiting global warming to 1.5°C. Additionally, Ørsted sets a target of achieving a carbon … Continue reading Ørsted to become carbon neutral by 2025
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Ørsted is the world’s most sustainable company
Renewable energy company Ørsted is the world’s most sustainable company according to the Global 100 ranking announced today. Having completed a fundamental business transformation from fossil fuels to renewables over the past decade, Ørsted urges all countries and companies to reduce their carbon emissions to help limit global warming to 1.5C. The global leader in offshore wind energy … Continue reading Ørsted is the world’s most sustainable company
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World’s largest offshore wind farm is set for completion this year
Located off the east coast of Britain, the wind farm called Hornsea One is expected to make enough wind energy to power one million UK homes. According to Orsted, the Danish energy company that built the farm, a single rotation of one turbine will be able to power an average home for a full day. … Continue reading World’s largest offshore wind farm is set for completion this year
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Ørsted’s first offshore wind farm in the Netherlands
Ørsted has started constructing its first offshore wind farm in the Netherlands by installing the first foundations at the 752MW Borssele 1 & 2 offshore wind farm, marking an important milestone for the project. Henrik Egholm, EPC Director for Borssele 1 & 2, says: “It’s great that the installation has started now, according to plan. … Continue reading Ørsted’s first offshore wind farm in the Netherlands
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Ørsted and partners secure funding for renewable hydrogen project
Within energy, Avedøre is best known for housing Ørsted’s large biomass-fuelled CHP plant, Avedøre Power Station, but in the future, the area might become home to more than heat and power production. This became clear when the Energy Technology Development and Demonstration Programme (EUDP) under the Danish Energy Agency decided to support the H2RES project … Continue reading Ørsted and partners secure funding for renewable hydrogen project
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Lincoln Clean Energy becomes Ørsted
In October 2018, Ørsted acquired Lincoln Clean Energy (LCE), a leading onshore developer with assets primarily in Texas. Over the past year, areas of the business have been systematically integrated to ensure an effective operating model capitalising on the capabilities from both companies. Since the acquisition, LCE has made significant progress, building its position as … Continue reading Lincoln Clean Energy becomes Ørsted
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Ørsted aims to invest in ‘green hydrogen’ pilot projects
Orsted and two partners secured funding in August from the British government for a “green hydrogen” project. Hydrogen gas has long been seen as a potential alternative to fossil fuels as it emits water when burned, not CO2, the greenhouse gas emitted by coal, oil and natural gas. But making hydrogen from water by electrolysis, … Continue reading Ørsted aims to invest in ‘green hydrogen’ pilot projects
Continue readingØrsted and Covestro sign the world’s largest offshore wind energy PPA
Covestro, a world-leading supplier of high-performance polymer materials, has signed a 10-year corporate power purchase agreement with Ørsted to buy the output of 100MW from the planned Borkum Riffgrund 3 offshore wind farm. Covestro, a world-leading supplier of high-performance materials headquartered in Leverkusen, Germany, has signed a 10-year indexed fixed-price agreement with Ørsted, the world-leader … Continue reading Ørsted and Covestro sign the world’s largest offshore wind energy PPA
Continue readingNexans, Eversource and Ørsted sign Framework Agreement for North American Offshore Wind Farm
Nexans, the global expert in advanced cabling and connectivity solutions, Eversource, New England’s premier transmission builder, and Ørsted, the world leader in offshore wind, announced today a framework agreement. The agreement will reinforce their long-term partnership and will result in Nexans having the opportunity to provide up to 1,000 km of subsea high voltage export … Continue reading Nexans, Eversource and Ørsted sign Framework Agreement for North American Offshore Wind Farm
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Ørsted proposes 5-GW wind energy island linking Baltic states
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
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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
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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
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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 readingØrsted 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
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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
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