Ørsted News

Amazon, Ørsted Ink Europe's Largest Offshore Wind Power Purchase Deal

Dec 10, 2020

E-commerce and cloud computing giant Amazon has signed a 10-year corporate power purchase agreement with offshore wind firm Ørsted.In what has been described as Europe's largest ever offshore wind power purchase deal, Amazon has committed to…

Poland: Ørsted, PGE JV to Develop Two Offshore Wind Farms in Baltic Sea

Feb 10, 2021

Danish offshore wind farm developer Ørsted has teamed up with Polish PGE to develop two offshore wind farm projects in the Baltic Sea, off Poland.Ørsted and PGE will form a 50/50 joint venture which will work on the development, construction…

C-bed Wins Offshore Accommodation Deal with Ørsted in UK

Feb 05, 2021

Offshore accommodation provider C-bed has said it has won two contracts for its Service Operation Vessel (SOV) Wind Innovation to support Ørsted's offshore wind projects in the UK.'With a double contract to support offshore wind developments in the UK…

Offshore Wind Firm Ørsted's CEO Optimistic Biden Will Speed Up Permitting

Feb 03, 2021

Energy group Ørsted expects previously delayed U.S. wind farm projects to receive swifter approval under President Joe Biden's administration, the new chief executive of the Danish energy group said on Wednesday.Mads Nipper, who took the helm of the company in January…

Ørsted Reaches FID on Green Hydrogen Project in Denmark

Jan 20, 2021

Danish offshore wind farm developer Ørsted has taken a final investment decision on the renewable hydrogen demonstration project at Avedøre Holme in Copenhagen, which will use offshore wind energy to produce green hydrogen.The project is expected…

Everfuel to Offtake Green Hydrogen from Ørsted's H2RES Project

Jan 20, 2021

Danish firm Everfuel has signed a contract with Ørsted for the offtake and distribution of green hydrogen to zero-emission mobility, produced at the H2RES demonstration project on Avedøre Holme in Copenhagen, Denmark for which a final investment decision was made Wednesday…

Slower Wind Speeds to Hit Earnings of Offshore Wind Giant Ørsted

Jan 13, 2021

Ørsted warned a return to more normal wind speeds this year would hit operating earnings after the world's biggest offshore wind farm developer raised its profit forecast for 2020.The Danish company said on Tuesday it now expected operating profit of about 18 billion Danish crowns ($2…

N-O-S to Provide Vessels for Ørsted's UK West Coast Wind Farms

Jan 08, 2021

Crew transfer vessel company Northern Offshore Services (N-O-S) has signed a contract with the offshore wind farm giant Ørsted to provide vessels for its British west coast operations.N-O-S will provide crew transfer support to Ørsted’s UK West…

ABS: U.S. Offshore Wind Vessel Demand Set to Soar

Mar 02, 2021

It's no longer news that the U.S. is set to become the next big offshore wind market, with an IEA 2019 report forecasting 40 GW of installed offshore wind capacity in the country by 2040, which will require a $100 billion investment.To meet this expected growth…

New CEO Named for Ørsted Offshore North America

Oct 22, 2020

Denmark-based offshore wind giant Ørsted has appointed David Hardy as new CEO of its U.S. subsidiary Ørsted Offshore North America. Hardy, who becomes CEO after previously serving as COO, will replace Thomas Brostrøm who has led Ørsted Offshore North America since the summer of 2015As CEO…

Ørsted Sells 50% in Taiwan Offshore Wind Farm in $3.63B Deal

Dec 29, 2020

Danish offshore wind developer Ørsted has agreed to sell a 50 percent stake in its 605 MW Greater Changhua 1 offshore wind farm in Taiwan to a consortium comprising Caisse de dépôt et placement du Québec (CDPQ) and Taiwanese private equity fund Cathay PE…

CWind's Next-Gen Offshore Wind Crew Transfer Vessel Launched

Feb 23, 2021

CWind, offshore wind crew transfer specialist, on Tuesday announced the delivery of what it described as 'the world’s first hybrid-powered Surface Effect Ship (SES),' the CWind Pioneer crew transfer vessel.CWind said that the crew transfer vessel…

Backed by UKEF, UK Firms Win Taiwan Offshore Wind Deals

Feb 18, 2021

UK's export credit agency UKEF said Thursday it was providing a £200 million buyer credit guarantee to help finance the Greater Changhua 1 Offshore Wind Farm in Taiwan, 'unlocking the export potential of the UK’s offshore wind sector.''To help the UK build back greener from the pandemic…

Ørsted Pens Offshore Wind Workforce Deal with NABTU

Nov 18, 2020

Offshore wind developer Ørsted has signed an agreement with North America’s Building Trades Unions (NABTU), the labor organization representing more than 3 million skilled craft professionals in the United States and Canada.'The partnership will create a national agreement designed to transition U…

Ørsted to Sell 25% in 1,1GW U.S. Offshore Wind Project to NJ's PSEG

Dec 04, 2020

Offshore wind developer Ørsted has entered into an agreement to sell a 25% stake in its 1,1 GW Ocean Wind offshore wind project off the coast of Atlantic City to New Jersey’s Public Service Enterprise Group (PSEG). PSEG’s contribution will include…

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