Profit spike for Orsted in Q3 as revenues experience dip
Offshore wind giant Orsted has reported a spike in profit in the third quarter 2019 alongside a slight slide in revenues.
Ørsted
Orsted sells off £470m transmission assets at Race Bank Offshore Wind Farm
Offshore wind giant Orsted has announced that it has signed an agreement to sell of more than £470 million in transmission assets at its Race Bank Offshore Wind Farm.
Final turbine installed at ‘world’s largest’ wind project
The final turbine has been installed at the "world's largest" wind development in the UK, according to Danish firm Orsted.
Mainstream Renewable Power could return to Scottish waters following Eni partnership
The boss of Mainstream Renewable Power (MRP) said yesterday that his firm could return for more offshore wind acreage in the Scottish North Sea.
Orsted buys up ‘multi-million’ stake in Scottish hoist technology firm
Danish offshore wind developer Orsted has announced the acquisition of a £22.5% stake in a Scottish hoist technology firm based in Fife.
Orsted to use ‘world’s most powerful turbine’ at two US wind farm projects
Danish offshore wind giant Orsted will use the world's current "most powerful turbine" at two US offshore wind projects, according to supplier GE Renewable Energy.
Orsted sells off £2.5bn distribution arm for ‘significant’ further offshore wind expansion
Danish firm Orsted has signed a deal to sell off its power distribution business for £2.5 billion to allow a "significant expansion" into the offshore wind sector.
‘Incremental isn’t going to do it’, Orsted boss warns firms seeking wind success
Benj Sykes does not claim to have all the answers for oil and gas companies on how to accomplish an effective energy transition, but he does have the best vantage point.
Orsted rejected on wind farm extension as several UK projects get go-ahead
Danish offshore wind giant Orsted has seen its plans to extend its Race Bank project blocked by the UK Crown Estate as the regulative body allowed several other developments to increase their size.
Energy regulator opens probe into UK blackout
The U.K.’s energy markets regulator said it’ll probe whether grid operators or power generators breached license conditions during the Aug. 9 blackout that saw more than one million British households lose power.
Orsted look to add 180 turbines with new Hornsea plan
Offshore wind giant Orsted is understood to be looking at the possibility of adding an additional 180 turbines off the coat of Yorkshire with a new wind farm.
Orsted will continue to ‘outpace’ other firms transitioning to offshore wind, Macquarie says
The speed of growth at Danish company Orsted will allow it to outpace other former oil firms who have transitioned to offshore wind, according to research group Macquarie.
Friday’s power cuts: a few answers, and more questions
Here’s what we know about the events beginning on Friday afternoon at around 4:52pm.
Orsted ‘looking forward’ to exploring Scottish plans as wind revenues jump by 18%
Wind giant Orsted has said it is "looking forward" to seeing the full details of the next Scottish offshore wind leasing round, as the firm experienced a bumper surge in revenues from the sector.
Profits up, revenues down for Orsted in H1 2019
Offshore wind giant Orsted saw marginal gains in profit in the first-half of 2019, but overall busniess revenues were down for the firm.
Subsea 7 wins work at UK’s Hornsea Two offshore windfarm
Subsea 7 has been awarded what it defines as a “sizeable” contract for work on the Hornsea Two windfarm off the coast of the UK.
Hornsea One project hits 100 turbine milestone
Orsted's giant Hornsea One Offshore Wind Farm has announced it has hit a major construction milestone.
Divestment from oil and gas could ‘cut off our nose to spite our face’, Aberdeenshire MP claims
Aberdeenshire Conservative MP Colin Clark claimed the UK energy sector could be about to "cut off its nose to spite its face" if it doesn't utilise the skills from North Sea oil and gas during a Treasury Committee meeting.
Carbon Trust launches North Sea wind farm resource challenge
The Carbon Trust has announced today that it will launch a new North Sea challenge to improve current offshore wind resource models.
New £100m offshore wind project to examine UK ‘challenges’, chairman says
A new multi-million offshore wind initiative will explore current "challenges" for UK firms and help them "compete for contracts in a global market", according to a UK industry chairman.
Orsted spot Minke Whale off Hornsea One wind project
Danish renewable energy giant Orsted has shared a video of a Minke whale spotted near its Hornsea One wind project.
Big firms join new task force looking to ‘make best use’ of UK wind power
Big firms from oil and gas and the renewable energy sector have signed up to new task force aimed at exploiting the large amounts of offshore wind power generated in the UK.
Orsted wins legal challenge over the use of name
Danish offshore wind giant Orsted has succeeded in a lengthy legal challenge by the family of pioneering scientist Hans Christian Orsted to use his name.
20 energy majors to grace inaugural Energy Exports Conference
Majors including Aramco, BP, Ørsted and Shell will talk about US$150bn of global projects requiring UK products and services
Orsted takes a hit from low UK wind speeds and gas prices
Warmer weather, slower UK wind speeds and a court case saw a drop in pre-tax profits for Danish wind developer Orsted.