Ørsted, Covestro Ink World's Largest Offshore Wind PPA
Polymer materials supplier Covestro 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…
Ørsted Inaugurates Historic Taiwanese OWF
Global offshore wind solutions provider Orsted inaugurated the Formosa 1 offshore wind farm in Taiwan, the first offshore wind farm built by Ørsted in Asia-Pacific.In the past three years…
Offshore Wind: New York Moves on Sunrise
Sunrise Wind, a joint venture of Ørsted A/S and Eversource Energy, has signed a 25-year OREC purchase-and-sale agreement with the New York State Energy Research and Development Authority (NYSERDA).Earlier in July 2019…
Orsted to Build NJ's First OWF
Denmark’s Ørsted won New Jersey’s first offshore wind solicitation with a 1.1-gigawatt project Ocean Wind, the largest offshore wind project to secure a development deal with a U.S.
Orsted Full-year Profit Beats Expectations
Danish offshore wind developer Orsted reported full-year profit above expectations on Wednesday and said it would consider restarting its activities in Taiwan following a new proposal…
Ørsted Shelves Taiwan Projects
Danish energy group Orsted will put new major projects in Taiwan on hold after it failed to sign a power purchase agreement (PPA) for two offshore wind farm projects, the company said on Wednesday.Taiwan…
Ørsted Tapped for Connecticut Offshore Wind Farm
Denmark based Ørsted has been selected by Connecticut’s Department of Energy and Environmental Protection to move forward to negotiate a fixed-price power purchase agreement (PPA) with…
Orsted Selects Siemens Gamesa or Typhoon-Proof Turbines
Danish wind power company Ørsted has selected Siemens Gamesa Renewable Energy (SGRE) as the preferred supplier for the first 900MW Greater Changhua offshore wind farms.The project is…
Orsted Expands US Business with $510 Mln Acquisition
Orsted, the world's largest offshore wind developer, said on Monday it would buy U.S.-based Deepwater Wind LLC for $510 million as part of its strategy to expand in a major growth market.The still small U.S.
Orsted Eyes Massachusetts Offshore Wind
New U.S. tax bill will have some impact on wind investment. Orsted, the world's largest developer of offshore wind, did not bid in the Netherlands' zero-subsidy tender this week, its…
Europe's Offshore Wind Industry Prepares for Atlantic Crossing
Leases up for grabs off U.S. Atlantic coast; Europe leads industry but state support cooling. Yield-hungry investors in the offshore wind market are switching their sights to the United…