Poland’s PGE & Denmark’s Ørsted Select Contractor For Baltica Wind Farm

Polska Grupa Energetyczna, Polish utility, and Ørsted, Danish RE player, have selected a consortium of Ramboll Polska and Projmors Maritime Construction Design Office as contractors in order to prepare the construction of the 2.5 GW Baltica 2 and 3 offshore wind farms in Poland. The consortium represents a blend of global and local players. The […]

Read more

Oil Company Gulf Energy Sells 50% Stake In German Wind Farm

Leading oil company Gulf Energy Development Public Company Limited has notified the Stock Exchange of Thailand that that it is divesting more than 50 per cent stake in its Germany based wind farm. The disinvestment is taking place at EUR 305 million. Gulf Energy said that through its wholly owned subsidiary, Gulf International Holding Pte. […]

Read more

Danish Power Company Ørsted Extends 100% RE Target To All Suppliers

Leading Danish power company Ørsted has asked all its suppliers to use 100% renewable electricity by 2025 and claims to be the first energy company in the world to do so. The action is aimed toward realizing 2040 net-zero target. As per the official statement, Ørsted has reduced its scope 1 and 2 emission intensity […]

Read more

Ørsted Collaborates With Vietnamese Energy Player For Wind Projects

Danish utility and global offshore wind leader Ørsted has declared that it has signed a memorandum of understanding (MoU) with Vietnamese energy contractor PetroVietnam Technical Services Corporation Mechanical & Construction (PTSC M&C). This partnership will pave the way for a collaboration for the development of offshore wind projects in Vietnam and globally between the two […]

Read more

Wood To Deliver Design Services For Floating Wind Farm In Scotland

Engineering and project management company Wood has announced that it has been awarded the Principal Designer and Pre-FEED scope for Salamander, the 100MW floating wind farm development located off East Coast of Scotland. The Salamander project is a joint venture between Simply Blue Group, Orsted and Subsea 7. The official statement of Wood held that […]

Read more

Orsted Acquires Ostwind; Eyes Key Markets in Europe

Renewable energy player Orsted has announced the signing of an agreement with Germany based Ostwind, a leading German developer, owner, and operator of onshore wind and solar power projects in Germany and France. For a consideration of EUR 689 million, Orsted will acquire a 100 % equity interest in OSTWIND Erneuerbare Energien GmbH, OSTWINDpark Rotmainquelle GmbH & […]

Read more

After a bruising 2021, Wind Energy suppliers hope for a better 2022

2021 was a difficult year for the Wind energy industry.  Manufacturers were hit by rising costs, supply chain issues, and even low wind speeds. Heavyweights like General Electric (GE), Siemens, and Orsted, saw their profits dwindling in 2021. Impact on Businesses The impact on business in the wind energy  was best exemplified by Siemens Gamesa, […]

Read more

Could 2022 be Offshore Wind’s Year Of Acceptance and Growth?

In our year end specials, we caught up on two key developments in the offshore wind space. ‘Farms’ located over 70 kms from shore, in China and in Europe, supplied their first power, and in the new year, are expected to go online formally. That these are located in two of the world’s key regions […]

Read more

Ørsted Signs 12-Year Offshore Wind CPPA with Google

Ørsted, the largest energy company in Denmark, has signed a 12-year corporate power purchase agreement (CPPA) with Google, under which the IT giant will off take 50 MW of Ørsted’s planned 900 MW Borkum Riffgrund 3 Offshore Wind Farm in the German North Sea. Rasmus Errboe, Head of Region Continental Europe at Ørsted, said, “We commend […]

Read more