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Tag: Ørsted
Ørsted is set to become the first energy company in the world to fully complete its green transformation, meeting its 2025 science-based decarbonisation target with a 98 % reduction in...
• $6.5 billion investment for a 50% stake in the world’s largest offshore wind project• Project to deliver 2.9 GW of renewable power, enough for over 3 million UK homes•...
Ørsted has achieved financial close on a TWD 90 billion (approximately DKK 20 billion) project finance package for its 632 MW Greater Changhua 2 offshore wind farm in Taiwan, backed...
Schroders Greencoat, the renewable infrastructure investment arm of Schroders Capital, has acquired a 24.5% stake in the UK’s West of Duddon Sands offshore wind farm from Ørsted for £456.1 million...
Ørsted’s Board of Directors has announced Rasmus Errboe, current Deputy CEO and Chief Commercial Officer, as the company’s new Group President and CEO, replacing Mads Nipper. Errboe will officially assume...
Ørsted has entered a strategic partnership with Brookfield Asset Management, its institutional affiliates, and Brookfield Renewable, who will acquire a 12.45% minority stake in four of Ørsted’s UK offshore wind...
Ørsted Completes Its Coal Phase-Ou On August 31, 2024, Ørsted will shut down its last coal-fired combined heat and power plant, Esbjerg Power Station, in Western Denmark. This marks a...
Pioneering Efficiency and Safety Ørsted, a global leader in offshore wind, has launched the world’s first heavy-lift cargo drone (HLCD) operations at the Borssele 1&2 Offshore Wind Farm. This marks...
Ørsted, a leading U.S. clean energy developer, announced an investment from J.P. Morgan for $680 million in tax equity financing for a portfolio of solar and storage assets in Texas and Arizona. The project portfolio...
In a landmark deal, Ørsted will sell a further one million tonnes of carbon removal over a ten-year period to Microsoft from Avedøre Power Station, which is part of the...
Ørsted has entered into an agreement with Danish district heating companies VEKS and CTR to utilise surplus heat from carbon capture at Avedøre Power Station. The surplus heat will provide...
Long-term agreement fully contracts solar farm and supports conservation commitment, advances Bloomberg’s pledge to 100 percent renewable-sourced electricity by 2025 Ørsted, a leading U.S. clean energy developer, announced the signing...
Key Impact Points: Renewable energy company Ørsted has been named the world’s most sustainable energy developer in Corporate Knights’ 2024 Global 100 index. To triple renewable energy capacity by 2030,...
Ørsted has taken final investment decision (FID) on the world’s single largest offshore wind farm, Hornsea 3, which will have a capacity of 2.9 GW and is expected to be...
Ørsted is embarking on the construction of two carbon capture (CCS) facilities designed to capture and store carbon emissions from the woodchip-fired Asnæs Power Station in Kalundborg and the straw-fired...
Ørsted, a leading global renewable energy company, and SparkCognition, a global leader in artificial intelligence (AI) software solutions, announced that SparkCognition’s Renewable Suite will be deployed across 5.5 gigawatts of...
Building on its commitment to preservation, Ørsted’s donation will support land conservation and restoration activities in the Kansas Flint Hills Ørsted, a leading clean energy company in the U.S., announced...
On World Ocean Day, Ørsted has become the first energy company in the world to issue blue bonds. The five-year, EUR 100 million blue bond was issued in a private...
Ørsted and Vestas, global leaders in renewable energy, are announcing a commercial sustainability partnership. Ørsted will procure low-carbon steel wind turbine towers and blades made from recycled materials from Vestas...
Ørsted will host a Capital Markets Day (CMD) on 8 June 2023 to present recent progress and strategic updates on its ambition to become the world’s leading green energy major. Ørsted...
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