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HomeØrsted

Ørsted

Ørsted
Finance

Ørsted secures $3bn in financing for offshore wind farm in Taiwan

July 10, 2025 Mariel Alumit

Danish offshore wind developer Ørsted has secured TWD 90bn ($3bn) in financing for the 632MW Greater Changhua 2 wind farm off Taiwan. The financing deal was arranged with 25 banks and five export credit agencies […]

Earnings

Ørsted shelves 2.4GW UK offshore wind project over rising costs –

May 7, 2025 Stu Turley

ENB Pub Note: I have included all wind projects and their costs in the article for Orsted wind profits. It does not make sense to invest in wind when the world is facing an economic […]

Ørsted
Finance

Ørsted sells stake in UK offshore wind farm for $600m

May 1, 2025 Mariel Alumit

Danish offshore wind developer Ørsted has sold a 24.5% stake in the 389MW West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat. Schroders Greencoat has a combined net generating capacity of […]

Critical Minerals

Trump Eyes Greenland

January 8, 2025 Andy Del Prado

Daily Standup Top Stories Why would President Trump want to Annex Greenland? Is it for the weather or critical minerals? January 7, 2025 Clark Savage Ok, there is a lot of speculation today from X around […]

Energy Policy

Trump Says He Wants No Wind Turbines Built During Administration

January 7, 2025 Clark Savage

President-elect Donald Trump said Tuesday he would seek to have a policy of having no wind farms constructed during his second term, threatening billions of dollars in planned wind projects. “We are going to have a policy […]

Equinor
Finance

Equinor buys 9.8% stake in offshore wind developer Orsted

October 7, 2024 Mariel Alumit

OSLO/COPENHAGEN, Oct 7 (Reuters) – Norway’s Equinor (EQNR.OL),  has bought a 9.8% stake valued at around $2.5 billion in Danish offshore wind farm developer Orsted (ORSTED.CO),  it said on Monday, as it seeks to build up its […]

Ørsted
Offshore

US offshore wind perils continue for Ørsted with delay of Revolution Wind

August 16, 2024 Mariel Alumit

After the New Jersey Board of Public Utilities (NJBPU) formally stopped Ørsted’s Ocean Wind One and Two projects, the Danish developer has been forced to delay another major project in the US. Even though Ørsted […]

Ørsted
Energy Storage

Ørsted invests in battery storage with Hornsea 3 wind farm

June 12, 2024 Mariel Alumit

Energy company Ørsted has announced its investment in a battery energy storage system to enhance stability in the UK energy market. The system, co-located with Ørsted’s Hornsea 3 Offshore Wind Farm in Swardeston, Norfolk, will […]

Ørsted
Offshore

Ørsted settles cancellation of two New Jersey offshore wind projects for $125m

May 29, 2024 Mariel Alumit

New Jersey Governor Phil Murphy has announced that a settlement was reached between state agencies and Danish offshore wind developer Ørsted over two cancelled offshore wind projects in the state. Ørsted said last October that […]

Cadeler
International News

Cadeler firms up long-term vessel deal with Ørsted

April 9, 2024 Mariel Alumit

Cadeler Denmark-based Cadeler has inked a firm long-term vessel deal with compatriot utility Ørsted for one of its wind farm installation newbuilds. Under the agreement, the BW Group and Scorpio-backed shipowner will provide Ørsted with […]

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