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Danish energy group Orsted signs MoU for offshore wind with South Korean city

Danish energy group Orsted signs MoU for offshore wind with South Korean city

Massive 1.6 GW offshore wind farm has potential to provide renewable energy to over 1 million Korean households and reduce carbon emissions by around 4 million tonnes annually

22.02.2024 Wind

Energy companies abandon offshore wind projects due to rising costs

Energy companies abandon offshore wind projects due to rising costs

- Swedish multinational Vattenfall abandons biggest offshore project in UK while Orsted and Eversource joint venture failed to get approval for only offshore bid from US state of Rhode Island

25.07.2023 Wind Invesments World

Offshore wind power production cost drops 60% over last decade: Orsted

Offshore wind power production cost drops 60% over last decade: Orsted

- Current offshore wind cost is fully competitive with fossil fuels, company official says

25.10.2022 Wind Europe

Russia to stop natural gas shipments to Danish Orsted, Shell Energy Europe

Russia to stop natural gas shipments to Danish Orsted, Shell Energy Europe

- Orsted says it is prepared for this scenario and will continue to pay in euros

31.05.2022 Natural Gas Eurasia

Iberdrola starts construction of Baltic Eagle offshore wind farm

Iberdrola starts construction of Baltic Eagle offshore wind farm

- Iberdrola expects to have 12,000 MW of offshore wind energy in operation by 2030

26.04.2022 Wind Invesments Europe

Danish Orsted reports huge fall in Q1 operating profit

Danish Orsted reports huge fall in Q1 operating profit

-Company's earnings from offshore and onshore wind farms were in line with same period last year

29.04.2021 Finance Europe General

Profit of Danish energy company Orsted up 4% in 2020

Profit of Danish energy company Orsted up 4% in 2020

- Company's green share of heat and power generation reaches all-time high of 90% in 2020

03.02.2021 Finance Europe General

Orsted, Amazon sign offshore wind power purchase deal

Orsted, Amazon sign offshore wind power purchase deal

- 'We applaud Amazon's leadership in corporate renewable energy investments,' says Orsted official

10.12.2020 Europe Americas General

Denmark's Orsted reports strong EBITDA in 1H20

Denmark's Orsted reports strong EBITDA in 1H20

- Despite comprehensive health, social, and economic consequences of COVID-19, Orsted maintains stable operations and strong earnings during 2020

12.08.2020 Finance Wind General

Orsted, TSMC sign largest renewables corporate deal

Orsted, TSMC sign largest renewables corporate deal

- Greater Changhua will be Orsted’s third offshore wind farm in Taiwan with 920 megawatt capacity

08.07.2020 Wind Europe Asia General

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Orsted, Nestle sign 15-year wind power purchase deal

Orsted, Nestle sign 15-year wind power purchase deal

- From May 1, Nestle UK will start buying 125 gigawatt-hours of green power per year to cover 50% of its power consumption

29.04.2020 Wind Europe General

Danish Orsted constructs first Dutch offshore wind farm

Danish Orsted constructs first Dutch offshore wind farm

- Offshore wind farm will be largest in Netherlands capable of supplying renewable power to around 1 million Dutch households

13.01.2020 Finance Wind General

UK seeking stronger post-Brexit trade with Turkey

UK seeking stronger post-Brexit trade with Turkey

- British Chamber of Commerce in Turkey is heavily promoting Turkey in energy and technology to UK companies

08.10.2019 Wind Solar Invesments Türkiye Europe

Orsted invests in Taiwan's largest offshore wind farm

Orsted invests in Taiwan's largest offshore wind farm

- Changhua 1 and 2a will have capacity of approx. 900 MW, enough to supply around 1 million households with green power

30.04.2019 Wind News from companies Asia General

Total, Orsted, Elicio to bid for offshore wind farm

Total, Orsted, Elicio to bid for offshore wind farm

- Energy majors form consortium to submit joint bid for 600 MW project offshore Dunkirk in northern France

19.02.2019 Wind News from companies Europe

Orsted to invest $30.2B in green energy by 2025

Orsted to invest $30.2B in green energy by 2025

- Danish offshore wind giant sets new, ambitious targets including installed offshore wind capacity of over 30 GW by 2030

28.11.2018 Wind Invesments News from companies Europe

Orsted’s profit up 14 percent in first nine months of 2018

Orsted’s profit up 14 percent in first nine months of 2018

- Danish energy company increases its green share of generation from 59 percent to 71 percent

02.11.2018 Finance Wind News from companies Europe

Offshore wind giant Orsted buys US-based Deepwater Wind

Offshore wind giant Orsted buys US-based Deepwater Wind

- Two companies' offshore wind assets and organizations will merge to create 'the leading US offshore wind platform'

08.10.2018 Wind News from companies Americas

Siemens Gamesa, Orsted partner for US offshore project

Siemens Gamesa, Orsted partner for US offshore project

-Danish Orsted will develop Dominion Energy’s Coastal Virginia Offshore Wind project using Siemens Gamesa wind turbines

10.08.2018 Wind News from companies Europe Americas

Danish Orsted to acquire US’ Lincoln Clean Energy

Danish Orsted to acquire US’ Lincoln Clean Energy

-LCE was largest non-utility wind developer in US last year, according to The American Wind Energy Association

09.08.2018 Wind News from companies Europe Americas

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Danish Orsted plans to sell power distribution business

Danish Orsted plans to sell power distribution business

-Company says move in line with goal to grow in international renewables

26.06.2018 Wind Renewable Europe General

Danish Orsted wins Taiwan's 1st offshore wind auction

Danish Orsted wins Taiwan's 1st offshore wind auction

- Company to install 1,820 megawatts capacity in 2025

22.06.2018 Wind Invesments Asia General

Vineyard Wind wins US’ first offshore wind tender

Vineyard Wind wins US’ first offshore wind tender

-Construction for 800 MW wind farm in Massachusetts set to begin in 2019, farm to become operational by 2021

24.05.2018 Wind Americas

Danish Orsted signs 18-year energy deal with UK school

Danish Orsted signs 18-year energy deal with UK school

- Orsted will help Milton Abbey use energy in smarter way, ultimately reducing consumption and costs

22.05.2018 Renewable Europe General

Danish Orsted reports 68% increase in EBITDA in 1Q18

Danish Orsted reports 68% increase in EBITDA in 1Q18

- Offshore wind business supports the company in first quarter results

26.04.2018 Renewable Finance Europe

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