Orsted mulls using export cable from failed US project in UK wind farms
Orsted (CPH: ORSTED) is considering reusing the export cable from a failed US wind farm in its Hornsea development in the UK.
Ørsted
Updated: Orsted takes $500 million hit led by Connecticut Wind delay
Orsted A/S (CPH:ORSTED) booked an impairment of more than $500 million related to an offshore wind farm in the US and a canceled green hydrogen plant in Sweden.
Salamander INTOG floating wind farm applies for offshore consent
One of the successful INTOG projects has taken a step forward with Salamander submitting an offshore consent application for its proposed 100MW floating offshore wind farm.
Aberdeen’s Balmoral Comtec secures Hornsea 3 contract
Aberdeen-based offshore services group Balmoral Comtec has received a multi-million-pound contract for the supply of cable protection systems (CPS) by Orsted for its major Hornsea 3 project.
OEG Renewables lands US offshore wind contract with Ørsted
Aberdeen-headquartered OEG Renewables has landed a multi-year deal with Ørsted covering its offshore wind projects in the north-eastern US.
Orsted wind farm near Martha’s Vineyard wins Biden’s approval
The Biden administration approved Orsted A/S’s (CPH: ORSTED) plans to build a nearly 1-gigawatt offshore wind farm near a popular Massachusetts vacation destination, setting the stage for the massive project to begin supplying power to New York in 2026.
Salamander floating wind partners with Scottish universities on marine environment study
The team behind the Salamander floating offshore wind project will partner with two Scottish universities to study the impact of floating windfarms on marine ecosystems.
Helicopter tragedy, Orsted’s rethink and the geoscience crunch
A black day for the offshore industry, with a helicopter disaster in Norway leaving one dead and five injured. Norwegian companies are reliant on the Sikorsky S-92 but is it safe?
Equinor, Orsted claim victory in New York wind auction
New York state has provisionally awarded contracts to 1.7GW of new wind capacity developed Orsted and Equinor as part of its fourth auction.
Orsted seeks new equilibrium, outgoing COO Brown states
The offshore wind industry had been lulled into a false sense of security through cheap money and a deflationary services market, Orsted’s outgoing interim COO Andy Brown said today.
Orsted says US offshore wind deals protect against inflation shocks
The head of Danish energy giant Orsted says the US is an attractive place to build new offshore wind farms even after inflationary shocks devastated the sector over the past year.
Orsted taps Lene Skole to lead board through turnaround
The board of Orsted selected Lene Skole to take over as chair as the company’s management navigates a turnaround plan following heavy losses in its US offshore wind business last year.
Orsted’s Nipper vows to ‘fight’ for company’s future
The head of Ørsted has promised to “fight with everything I’ve got” to restore investor confidence in the company, after a disastrous 2023 led to major US writedowns and losses.
Orsted axes dividend as CEO tries to cut spiralling costs
Orsted A/S (CPH:ORSTED) will pause dividend payments until at least 2025 and slash plans to build new projects this decade as part of a wide array of cost-cutting measures outlined by chief executive officer Mads Nipper.
Orsted faces investor pressure to cut dividend after share slump
Wind-energy titan Orsted A/S (CPH:ORSTED) will pitch its strategic plan to investors this week, after a disastrous 2023 that saw a multi-billion-dollar writedown on US projects and the dismissal of two top executives.
Number of women working offshore in wind is ‘drastically low’
Women account for as little as 5% of the offshore workforce in the wind sector, this “drastically low” figure means the industry is missing out, says Charlie Guthrie, head of renewables at 3t.
Equinor among big name bidders for fourth New York offshore wind round
Equinor, Ørsted and RWE announce bids for fourth New York offshore wind round
Orsted ramps up bet on US offshore wind with New York deal
Orsted A/S (CPH:ORSTED) agreed to buy out its joint venture partner in a New York offshore wind farm after abandoning two New Jersey projects last year and taking $4 billion in impairment charges.
Orsted partner to sell wind farms, take $1.6 billion charge
Eversource Energy plans to offload stakes in South Fork, Sunrise and Revolution wind projects in the US
Ørsted takes FID on Hornsea 3
Ørsted has taken a final investment decision (FID) on the 2.9GW Hornsea 3 wind project – billed as the world’s single largest offshore wind farm.
Ørsted and Centrica executives elected Hydrogen UK co-vice presidents
Hydrogen UK has appointed executives from Ørsted and Centrica to serve as co-vice presidents of the trade association.
Pict partners with Maersk Training to take Get Up Safe stateside
Pict Offshore has partnered with Maersk Training to help instruct workers in the use of its Get Up Safe (GUS) transfer system at US offshore wind farms.
Huge Orsted UK wind park to benefit from Treasury tax relief
Orsted (CPH: ORSTED) will benefit from permanent tax breaks announced by UK Chancellor Jeremy Hunt in an effort to support the country’s business in the shift to clean energy.
Monitoring kicks off at Salamander wind site off Peterhead
The developers of a floating wind scheme off the northeast coast of Scotland have begun gathering wave, wind and weather data at the site.
Europe’s battered wind sector starts to find hope in year of crisis
The crisis engulfing Europe’s wind industry is proving to be a wake-up call: things have to change radically to make progress on what’s a key part of the climate transition.