Ørsted and Enefit form Partnership to Deliver Large-Scale Offshore Wind in the Baltics Updated On Mon, Apr 26th, 2021 by Saurenergy Ørsted, the global leader in offshore wind, and Enefit, a leading utility and the largest wind energy company in the Baltics, have today signed a memorandum of understanding (MoU) which outlines a vision for becoming the leading offshore wind developer in the Baltic countries. The MoU also sets out a vision to jointly move towards […] Read more
Ørsted Acquires Ireland and UK Onshore Wind Power Platform from Brookfield Renewable Updated On Fri, Apr 16th, 2021 by Saurenergy Today, Ørsted has entered into an agreement with Brookfield Renewable, a global owner and operator of renewable power assets, to acquire a 100 % equity interest in its existing Ireland and UK onshore wind business, Brookfield Renewable Ireland (BRI). The agreement is based on an enterprise valuation of BRI of EUR 571 million as of 31 […] Read more
Poland Awards CfD to Baltica Offshore Wind Farms Worth 2.5 GW Updated On Thu, Apr 8th, 2021 by Saurenergy The Polish Energy Regulatory Office has awarded a CfD to the Baltica 3 & Baltica 2 offshore wind farms with a total capacity of up to 2.5 GW. The Polish Energy Regulatory Office has awarded a Contract for Difference (CfD) to the Baltica 3 and Baltica 2 offshore wind farms with a total capacity of […] Read more
Norway’s $1.3 Trillion Sovereign Fund Makes First Green Infra Investment Updated On Thu, Apr 8th, 2021 by Saurenergy Norway’s $1.3 trillion sovereign wealth fund, a pioneer and probably the largest in the world has announced its first investment into renewable energy infrastructure on April 7. The fund, which was in the news for its decision to stop and exit from all investments in fossil fuel-based firms, sold the last of its holdings in such […] Read more
Ørsted Commences Construction of its Largest Onshore Project Updated On Tue, Mar 30th, 2021 by Saurenergy Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team into the Onshore business. Ørsted has taken a final investment decision on its largest onshore project to date, the 518 MW hybrid wind and solar PV project, Helena Energy Center, […] Read more
Biden Administration Jump-starts Offshore Wind Energy Projects Updated On Tue, Mar 30th, 2021 by Saurenergy The Biden Administration has announced a set of bold actions that it believes will catalyse the offshore wind energy sector in the US, strengthen their domestic supply chain, and create good-paying, union jobs. As per the White House briefing, National Climate Advisor Gina McCarthy, Interior Secretary Deb Haaland, Energy Secretary Jennifer Granholm, Commerce Secretary Gina […] Read more
Ørsted Begins Construction at 900 MW Offshore Wind Farm in Taiwan Updated On Mon, Mar 22nd, 2021 by Saurenergy With all the permits and approvals in place, Ørsted is moving ahead with construction of the 900 MW Greater Changhua 1 & 2a offshore wind farms With all the permits and EIA approvals in place, global offshore wind leader Ørsted has announced that it is moving full speed ahead with full-scale offshore construction activities of […] Read more
Ørsted, PGE Form JV for 2.5 GW Offshore Wind Projects in Baltic Sea Updated On Fri, Feb 12th, 2021 by Saurenergy Ørsted and PGE will form a 50/50 JV for the development and operation of two offshore wind projects in the Baltic Sea worth 2.5 GW. Ørsted and PGE Polska Grupa Energetyczna (PGE) have signed an agreement to form a 50/50 joint venture (JV) for the development, construction and operation of two offshore wind projects in […] Read more
Ørsted Reorganises to Position for Future Growth Updated On Fri, Jan 29th, 2021 by Saurenergy Over the past decade, Ørsted has successfully undertaken one of the most profound transformations in the global energy industry, transforming from a fossil-based Danish utility business into a global leader in green energy. Over the next decade, global renewable energy markets are expected to grow at double-digit annual growth rates, and installed renewable capacity is […] Read more
