Ørsted has signed an agreement with Cathay Life Insurance, the leading insurance company in Taiwan, and its affiliate Cathay Wind Power Holdings Co., Ltd, under which Cathay Life Insurance will acquire a 50 % ownership share of Ørsted’s 583 MW Greater Changhua 4 Offshore Wind Farm. Ørsted will continue to own the remaining 50 % ownership stake in the wind farm.

Ørsted has won Contracts for Difference (CfDs) from the UK government to expand its offshore wind capacity with the development of Hornsea 3 and Hornsea 4, two of the world’s largest offshore wind farms. These projects will significantly contribute to the UK's renewable energy goals.

On 31 August 2024, Ørsted will shut down its last coal-fired combined heat and power plant, Esbjerg Power Station, located in the Western part of Denmark. Ørsted shuts down its last coal-fired heat and power plant

Ørsted, the global leader in offshore wind, is deploying heavy-lift cargo drones (HLCD) for the first time in an operational campaign at the Borssele 1&2 Offshore Wind Farm. This pioneering move marks a significant leap forward in operational efficiency and safety in the offshore wind industry. The heavy lift cargo drone will transport cargo from a vessel to all 94 wind turbines of the Borssele offshore wind farm. Ørsted launches world’s first heavy-lift cargo drone operations at Borssele 1&2 Offshore Wind Farm

Ørsted completes construction of combined wind and solar project in Texas

Ørsted today announced the completion of Helena Energy Center, a 518 MW combined wind and solar project located in Bee County, South Texas.

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 bioenergy carbon capture and storage (BECCS) project ‘Ørsted Kalundborg CO2 Hub’. This new agreement builds on an existing commitment by Microsoft to buy 2.67 million tonnes from Asnæs Power Station, bringing the total purchase under contract to 3.67 million tonnes of CO2.

The Australian Government has announced that it has granted a feasibility licence for Ørsted’s first offshore wind project in Australia and intends to grant a licence for a second project, subject to consultation. With the licences, Ørsted aims to develop large-scale offshore wind farms off the coast of Gippsland, Victoria, to be operational in the early 2030s.

Ørsted secures first access to lower-emission heavy plate steel through MoU with Dillinger

Monopile steel foundations used for Ørsted's offshore wind farm Borkum Riffgrund 3 in Germany

Renewable energy company Ørsted has been named the world’s most sustainable energy developer

Published in Corporate Knights’ 2024 Global 100 index.

Ørsted has been granted a 1.6 GW electricity business license (EBL) by the Ministry of Trade, Industry & Energy of Korea for an offshore wind project located 70 km off the coast of Incheon City.

By mutual agreement, two members of executive management are stepping down and leaving Ørsted with immediate effect: Daniel Lerup, Chief Financial Officer (CFO), and Richard Hunter, Chief Operating Officer (COO). Ørsted has initiated the processes of identifying a new CFO and a new COO and expects the processes to be concluded as soon as possible in 2024.

A new research project at Anholt Offshore Wind Farm in Denmark aims to grow a number of less carbon-intensive foods while contributing to a healthier marine environment: To solve the climate crisis, we need to look at how we source our energy, but also at what we eat, as many foods emit large amounts of carbon dioxide during their production.

Ørsted, a leading global renewable energy company, and SparkCognition, a global leader in artificial intelligence (AI) software solutions, today announced that SparkCognition’s Renewable Suite will be deployed across 5.5 gigawatts of Ørsted’s land-based wind, solar, and storage assets in the U.S.

Ørsted uses giant drones to increase efficiency and safety in industry world first

Offshore wind giant Ørsted has become the first offshore wind company in the world to use autonomous giant drones to transport cargo to turbines.

Following a competitive divestment process, Ørsted has signed an exclusivity agreement with Cathay Life Insurance today, selecting the Taiwanese leading insurance company and its affiliate as preferred bidder for the acquisition of a 50 % ownership stake in total of Ørsted’s 583 MW Greater Changhua 4 Offshore Wind Farm in Taiwan.

Ørsted, one of the world's leading renewable energy companies, and Haas School of Business at the University of California, Berkeley, have entered a multi-year partnership to advance the positive social impact of renewable energy projects. Ørsted and UC Berkeley's Haas School of Business will bring together community organisations, policymakers, and industry experts to lay the foundation for people-positive renewable energy.

MIT Technology Review – the independent media company founded by the Massachusetts Institute of Technology (MIT) in 1899 – has included Ørsted on its new list of 15 climate tech companies to watch. The list, which was premiered at this year’s ClimateTech conference on MIT’s campus, highlights start-ups and established businesses that could have the greatest potential to substantially reduce greenhouse gas emissions or otherwise address the threats of climate change.

Leading renewable energy company Ørsted is continuing development work on the Isle of Man’s first offshore wind farm project with the successful deployment of a wave measurement buoy and subsea temperature monitoring device in the waters off the east coast of the Island.

The University of Melbourne has partnered with Ørsted, the world’s largest offshore wind developer, to bolster Australia’s shift towards renewable energy by combining extensive worldwide expertise with cutting-edge Australian research capabilities.

As part of the continued maturation and a pre-final investment decision (FID) review of its near-term US offshore development projects, Ørsted has assessed the aggregate adverse impacts relating to the supply chain, lack of favorable progress in Investment Tax Credit (ITC) guidance, and increased interest rates, which affect its US portfolio.

Scunthorpe’s AMS Trenchless awarded cable landing works contract on Hornsea 3 offshore windfarm

North Lincolnshire firm AMS Trenchless has been awarded the cable landing works contract on Ørsted’s Hornsea 3 offshore wind farm.

Ørsted has signed an agreement with funds managed by Schroders Greencoat, a global specialist asset manager focusing on renewable energy infrastructure assets, to divest its remaining 25 % minority interest in the London Array Offshore Wind Farm in the UK. The total value of the transaction is GBP 717 million (DKK 6.17 billion).

Ørsted, the global offshore wind leader, has commissioned three “industry-first” nearshore artificial nesting structures (ANS) specially designed to house kittiwake, a vulnerable species of seabird, off the East Suffolk coastline. The nearshore ANS have been installed as part of innovative plans to compensate for potential impacts of the Hornsea 3 windfarm on the species.

Hornsea 4 offshore wind farm has been consented

We are delighted to confirm that Hornsea 4 offshore wind farm has been granted consent by the Secretary of State for the Department of Energy Security and Net Zero.

In 2024, the world’s first green fuels vessel for offshore wind operations will launch off the UK East Coast, as the result of a ground-breaking agreement between Ørsted and ESVAGT. Now the two companies are expanding their partnership on green offshore operations by signing an agreement for a second green service operation vessel.

Ørsted, the world's leading developer of offshore wind farms, has designed and developed the first uncrewed surface vessel (USV) in the industry for offshore met-ocean measurement campaigns. The measurement data will help lower uncertainties in the expected annual energy production for new offshore wind farms. Ørsted, who has patented the USV concept, sees enormous potential in the technology and has initiated a serial production based on their successful prototype USV.

A demonstrator project, led by high-performance maritime design and applied technologies company Artemis Technologies has been awarded £2.4 million to prove the company’s capability of serving the offshore wind farm sector through demonstration of its first electric foiling crew transfer vessel and daughter craft, the Artemis EF-12 CTV.

ESB, Ireland’s leading utility, and Ørsted, the world leader in offshore wind, have signed an agreement to jointly develop an Irish offshore wind portfolio in a landmark deal. The agreement was launched this morning in Cork Chamber’s Fitzgerald House by Minister for Enterprise, Trade & Employment, Simon Coveney TD, ESB’s Jim Dollard, and Duncan Clark, Head of UK and Ireland at Ørsted.

Ørsted Irish wind farm to support Meta with green energy

Corporate Power Purchase Agreement signed for 28.8MW

Ørsted to fully own seabed with up to 4 GW of capacity and fully own strategic O&M contracts. Acquisition further strengthens Ørsted’s offshore wind energy position in the US Northeast.