PSEG Acquires Twenty-Five Percent Stake in Ocean Wind

PSEG, a publicly traded diversified energy company, and Ørsted, a company that develops, constructs and operates offshore and onshore wind farms, have completed PSEG’s acquisition of a 25% equity interest in Ocean Wind. PSEG’s investment in Ocean Wind received approval … Read More

Baltica Offshore Wind Farms One Step Closer to Realization

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 up to 2.5 GW. Baltica 3 and 2 will contribute significantly to Poland’s … Read More

NBIM Acquires Fifty Percent Stake in Borssele Offshore Wind Farm

Ørsted, a company that develops, constructs and operates offshore and onshore wind farms, has signed an agreement with Norges Bank Investment Management (NBIM). Under the agreement, NBIM will be acquiring a 50% ownership share of Ørsted’s 752 MW Borssele 1 … Read More

Orsted’s Largest Onshore Wind Project Set to Come Online Next Year

Ørsted, a company that develops, constructs and operates offshore and onshore wind farms, solar farms and energy storage facilities, has taken a final investment decision on its largest onshore project to date, a 518 MW hybrid wind and solar PV … Read More

Ørsted hires Taylor Hopkinson for German offshore wind couple

Ørsted has awarded Taylor Hopkinson with a framework agreement to supply contract personnel for its Gode Wind 3 and Borkum Riffgrund 3 offshore wind projects in Germany. Under the deal, Taylor Hopkinson will provide personnel across a broad range of … Read More

Ørsted picks temporary staff supplier for German offshore wind farms

Ørsted has awarded ERSG with a contract to supply temporary staff for its offshore wind farms in Germany, following a tender issued in September 2020. The scope of work includes staff for offshore operations and logistics, commissioning, project management roles, … Read More

Danish heavyweights sign offshore wind power purchase agreement

Denmark’s Danfoss and Ørsted have signed a corporate power purchase agreement for 27 MW of the capacity of the Horns Rev 2 offshore wind farm. Danfoss, a global industrial manufacturer of energy-efficient solutions, signed a ten-year fixed price CPPA with … Read More

Poland approves PGE and PKN Orlen’s offshore wind joint ventures

The Polish Office of Competition and Consumer Protection (UOKiK) has approved the construction of offshore wind farms through joint ventures between foreign companies and Poland’s Polska Grupa Energetyczna (PGE) and PKN Orlen. The authority issued two decisions on 12 March, … Read More

Orsted Inks PPA from Haystack Wind

Ørsted, a company that develops, constructs and operates offshore and onshore wind farms, has signed a long-term power purchase agreement with Target and Hormel Foods Corp. for offtake from the Haystack Wind project in Nebraska – currently under construction and … Read More

Hornsea Offshore Wind Farm Signs Transmission Agreement

Hornsea 1 Ltd., a joint venture (JV) owned by Ørsted (50%) and Global Infrastructure Partners (GIP) (50%) has signed an agreement for the sale of its transmission assets to Diamond Transmission Partners Hornsea One Ltd. (DTP).  DTP is a partnership … Read More