Offshore wind project

Ørsted Divests 25% of 1.1 GW Ocean Wind Offshore Project

Ørsted has entered into an agreement to sell a 25% ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s PSEG. Ørsted has entered into an agreement to sell a 25 percent ownership interest in its 1,100 MW Ocean Wind offshore wind project to New Jersey’s Public Service Enterprise Group (PSEG). […]

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Ørsted Puts Taiwan’s 900 MW Offshore Wind Project on Hold

The deadline for signing the 2018 PPA was extended to 2 January 2019 and Taiwan’s Bureau of Energy failed to do so by the deadline. Due to a delay by the Taiwan’s Bureau of Energy in issuing an establishment permit and signing the power purchase agreement (PPA), Ørsted has decided to pause and revisit project […]

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