Ørsted Planning to Become Carbon Neutral by 2025 Updated On Mon, Feb 3rd, 2020 by Saurenergy Ørsted plans to become carbon neutral by 2025, making it the first major energy company to reach net-zero emissions in its energy generation Ørsted, one of the leading offshore wind energy developers in the world, which was recently ranked the most sustainable company in the world, has now announced that it plans to become carbon […] Read more
Ørsted, Equinor to Lead Coalition to Accelerate Global Offshore Wind Capacity Updated On Thu, Jan 16th, 2020 by Saurenergy The Action Coalition will represent the offshore wind sector in the global dialogue on climate action, spearheaded by Ørsted and Equinor. An international Ocean Renewable Energy Action Coalition has been formed to advance the sustainable deployment of ocean-based renewable energy and mitigate the harmful impacts of climate change. Bringing together civil society, intergovernmental institutions and […] Read more
Ørsted Begins Work on its 752 MW Offshore Wind Complex in Netherlands Updated On Tue, Jan 14th, 2020 by Saurenergy Ørsted has started constructing its first offshore wind farm in the Netherlands by installing the 1st foundations at the 752 MW Borssele 1 & 2 offshore farm Ørsted has started constructing its first offshore wind farm in the Netherlands by installing the first foundations at the 752 MW Borssele 1 & 2 offshore wind farm, […] Read more
Ørsted Secures Funding for Renewable Hydrogen Project Updated On Sat, Dec 21st, 2019 by Saurenergy Together with its partners, Ørsted has received funding for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. Together with its partners, Ørsted has announced that it has received funding of DKK 34.6 million for the construction of a 2MW electrolysis plant with appurtenant hydrogen storage. The plant will use electricity from offshore […] Read more
Covestro Signs World’s Largest Corporate PPA for Offshore Wind Power Updated On Thu, Dec 5th, 2019 by Saurenergy Covestro has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind turbines with Ørsted. German firm Covestro, which produces specialty chemicals for heat insulation foams and transparent polycarbonate plastics, has announced that it has concluded the world’s largest-ever corporate supply agreement/ PPA for electricity from offshore wind […] Read more
Ørsted to Fully Integrate Lincoln Clean Energy as Ørsted Onshore Updated On Thu, Nov 28th, 2019 by Saurenergy Ørsted has announced that a decision has been made to fully integrate Lincoln Clean Energy into Ørsted and to rebrand it as Ørsted Onshore. Since Ørsted’s acquisition of Lincoln Clean Energy (LCE) in October 2018, the business has made significant progress reinforcing its position in the North American market for onshore renewables. LCE has commissioned […] Read more
Milestone: Ørsted Inaugurated Taiwan’s First Commercial Offshore Wind Farm Updated On Tue, Nov 19th, 2019 by Saurenergy This 128 MW wind power plant is a joint venture (JV) between Ørsted, Japan’s JERA, financial services provider Macquarie Capital and Taiwan-based Swancor with shareholding of 35 percent, 32.5 percent, 25 percent and 7.5 percent respectively. Danish power company Ørsted has officially inaugurated the Taiwan’s first commercial offshore wind farm named Formosa 1. The commissioning […] Read more
Ørsted to Build its 1st Solar Energy Plus Storage Facility in Texas Updated On Thu, Nov 14th, 2019 by Saurenergy Ørsted has commenced construction on its first utility-scale solar plus battery storage project, the 460 MW Permian Energy Center in Andrews County, Texas. The leading developer of Offshore wind energy projects globally, Ørsted has announced recently that following final investment decision from its Board of Directors it has commenced construction on the company’s first utility-scale solar […] Read more
Ørsted Issues Green Bonds Worth $394 mn in Taiwan Updated On Wed, Nov 6th, 2019 by Saurenergy Ørsted has secured nominal USD 394 million through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. The World’s largest offshore wind energy developer, Ørsted has announced that it has secured nominal Taiwanese Dollars (TWD) 12 billion (USD 394 million) through the issuance of green senior bonds, to finance […] Read more
