Wednesday, April 7, 2021
offshore wind farm

High Stakes at Sea in Global Rush for Offshore Wind Power

By Susanna Twidale and Nora Buli LONDON, April 7 (Reuters) – Global competition for offshore wind power is so hot that license auctions now resemble the oil and gas competitions of just...

April 7, 2021
Total Views: 1176


Norway’s Sovereign Wealth Fund Pushes into Renewables with $1.6 Billion Orsted Deal

By Gwladys Fouche and Nikolaj Skydsgaard OSLO, April 7 (Reuters) – Norway’s $1.3 trillion sovereign wealth fund has made its first direct investment in a renewable energy project, a new...

April 7, 2021
Total Views: 1193

Thursday, February 4, 2021

Denmark to Build North Sea ‘Energy Island’

COPENHAGEN, Feb 4 (Reuters) – Denmark approved a plan on Thursday to build the world’s first energy island in the North Sea that will produce and store enough green energy...

February 4, 2021
Total Views: 2135

Wednesday, January 20, 2021

Orsted Pulls Trigger on First Green Hydrogen Project

By Lars Paulsson and William Mathis (Bloomberg) — Danish utility Orsted A/S took a final investment decision on its first hydrogen project as it expands beyond wind power. The world’s biggest...

January 20, 2021
Total Views: 2106

Tuesday, December 29, 2020
offshore wind farm under construction

Orsted Enters $2.7 Billion Deal to Sell Stake in Taiwan

By Kati Pohjanpalo (Bloomberg) — Orsted A/S, the world’s biggest developer of offshore wind parks, has agreed to sell a stake in a farm off the coast of Taiwan in a...

December 29, 2020
Total Views: 1128

Wednesday, December 2, 2020
offshore wind farm

Orsted to Fight $1.1 Billion Danish Tax Bill for U.K. Wind Farms

By Morten Buttler (Bloomberg) — Orsted A/S, the world’s biggest developer of offshore wind farms, will appeal a decision by Danish tax authorities that would lump it with a 6.6 billion...

December 2, 2020
Total Views: 1803

Tuesday, November 24, 2020

Orsted Plans to Develop Offshore Wind Projects in South Korea

Offshore wind developer Orsted announced Tuesday its intention to develop up to 1.6GW of offshore wind power off the coast of Incheon City in South Korea. The company said the...

November 24, 2020
Total Views: 949

Wednesday, November 18, 2020
offshore wind farm

Ørsted Strikes Labor Accord on U.S. Offshore Wind Development

By Valerie Volcovici WASHINGTON, Nov 18 (Reuters) – Danish renewable energy group Ørsted and North America’s Building Trades Unions (NABTU) announced on Wednesday a deal to train an offshore wind construction workforce...

November 18, 2020
Total Views: 843

Tuesday, November 10, 2020

BP and Orsted Team Up on Green Hydrogen Project in Germany

By Laura Hurst (Bloomberg) — Two of Europe’s largest energy companies, BP Plc and Orsted A/S, said they’d join to develop an industrial-scale electrolyzer to make hydrogen as a green...

November 10, 2020
Total Views: 214

Monday, October 5, 2020
offshore wind farm

Orsted Offshore Wind Farm to Power Green Ammonia Plant for Fertilizer

By William Mathis (Bloomberg) — Orsted A/S, the world’s biggest developer of offshore wind farms, plans to use its latest Dutch installation to make  for use in fertilizer. The Danish...

October 5, 2020
Total Views: 45

Tuesday, July 21, 2020
offshore wind
Maritime News

New York Wants to Buy Enough Clean Power for 1.5 Million Homes

By Christopher Martin (Bloomberg) –New York Governor Andrew Cuomo is seeking bids for up to 4,000 megawatts of clean energy, enough to power 1.5 million homes. The state plans to...

July 21, 2020
Total Views: 17

Monday, June 15, 2020
offshore wind farm

Orsted CEO to Resign After Leading Company in Renewables Transition

By William Mathis (Bloomberg) –The chief executive officer of Orsted A/S will step down by the end of next January, after transforming the former fossil-fuel company into the world’s biggest...

June 15, 2020
Total Views: 22

Wednesday, April 29, 2020
offshore wind farm
Maritime News

Renewable Energy Helps Utilities Survive Virus Slump

By Jeremy Hodges and Anna Shiryaevskaya (Bloomberg) — European utilities with bulging renewable energy portfolios are showing that the way out of the coronavirus slump is colored green. Energy companies from...

April 29, 2020
Total Views: 13

Monday, January 13, 2020
offshore wind farm
Maritime News

Coalition Launched to Accelerate Global Offshore Wind Capacity

Danish power company Ørsted and Norwegian energy giant Equinor are spearheading the launch of international coalition to accelerate global offshore wind capacity and other ocean-based renewable energy technologies as part...

January 13, 2020
Total Views: 16

Friday, December 6, 2019
offshore wind farm
Maritime News

Orsted Bets Hydrogen Is Key to Climate Goals

By Will Mathis (Bloomberg) –One of the world’s biggest developers of offshore wind farms thinks its massive turbines could be key to the production of hydrogen in a greener way...

December 6, 2019
Total Views: 58

Tuesday, October 29, 2019
offshore wind farm
Maritime News

Offshore Wind Gets a Warning From Its Biggest Developer

By William Mathis and Christian Wienberg (Bloomberg) –The world’s biggest developer of offshore wind farms issued a reality check to the industry, saying it has overestimated the amount of time...

October 29, 2019
Total Views: 35

Wednesday, September 18, 2019
offshore wind farm
Maritime News

Orsted Divests Business Units for $2.3 Billion to Focus on Green Energy

Danish offshore wind developer Ørsted has agreed to divest its power distribution and two other businesses to focus on renewable energy. Ørsted said the deal with SEAS-NVE is valued at...

September 18, 2019
Total Views: 4

Tuesday, July 2, 2019
deepwater wind block island wind farm
Maritime News

Second Offshore Wind Farm in United States Now Under Construction

By Christopher Martin (Bloomberg) –Dominion Energy Inc. began work to install cables for a wind farm in the Atlantic Ocean near Virginia, marking the start of construction on the second...

July 2, 2019
Total Views: 5

Monday, June 24, 2019
offshore wind turbine
Maritime News

Orsted Wins New Jersey Contract as Offshore Wind Poised to Boom

By Christopher Martin (Bloomberg) — New Jersey awarded a contract to Denmark-based Orsted A/S to provide power from a wind farm it’s planning in the Atlantic Ocean as Northeast states...

June 24, 2019
Total Views: 4

Tuesday, February 19, 2019
Hornsea 1 turbine
Maritime News

First Turbine Installed at World’s Largest Offshore Wind Farm

The first turbine at the soon-to-be world’s biggest offshore wind farm has been installed and is now producing electricity off of England’s coast. When fully operational, the 1,218-megawatt Hornsea 1...

February 19, 2019
Total Views: 2