Ørsted Brings on Co-Investors for its 605 MW Offshore Wind Farm in Taiwan Updated On Wed, Dec 30th, 2020 by Saurenergy Ørsted has brought on CDPQ and Cathay PE, to co-invest in the 605 MW Greater Changhua 1 Offshore Wind Farm off the coast of Taiwan Offshore wind major Ørsted has announced that it has signed an agreement with a consortium of world-leading investors, which consists of global institutional investor Caisse de dépôt et placement du […] Read more
Ørsted Divests 25% of 1.1 GW Ocean Wind Offshore Project Updated On Mon, Dec 7th, 2020 by Saurenergy 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). […] Read more
Ørsted Takes FID on 430 MW Solar Project Near Houston Updated On Sat, Dec 5th, 2020 by Saurenergy Ørsted has taken final investment decision on the Old 300 Solar Center, which is located in Fort Bend County, 40 miles from Houston, Texas, and is expected to come online in Q2 2022. Over the past year, Ørsted has significantly increased its solar portfolio and with the addition of Old 300, now has 1.1 GW […] Read more
Ørsted Appeals Against Danish Tax Agency Decision on 2 Offshore Wind Farms in the UK Updated On Thu, Dec 3rd, 2020 by Saurenergy Today, Ørsted received an administrative decision from the Danish Tax Agency requiring Danish taxation of the company’s British offshore wind farms Walney Extension and Hornsea 1 in the tax years 2015 and 2016. The Danish Tax Agency’s claim amounts to DKK 5.1 billion, plus interest amounting to DKK 1.5 billion. According to the decision, Ørsted is to […] Read more
Ørtsed Reports Strong First Half for 2020, Operating Profit of $1.5 Bn Updated On Wed, Aug 12th, 2020 by Saurenergy Ørsted has issued its interim report for the first half of 2020, reporting an operating profit (EBITDA) of USD 1.5 billion, an 11 percent increase YoY The Board of Directors at Ørsted has approved the interim report for the first half (H1) of 2020. The firm reported an operating profit (EBITDA) of DKK 9.8 billion […] Read more
Ørsted Acquires 227 MW Under Construction Solar Plant in the US Updated On Fri, Jul 10th, 2020 by Saurenergy Ørsted is expanding its solar footprint with the acquisition of the 227 MW ac under construction Muscle Shoals solar project located in Alabama, US. Global offshore wind and renewable major Ørsted has announced that it is expanding its solar footprint with the acquisition of the 227 MW ac under construction Muscle Shoals solar project located […] Read more
Ørsted & TSMC Sign World’s Largest Corporate Renewable PPA Updated On Wed, Jul 8th, 2020 by Saurenergy Ørsted and TSMC have signed the largest ever renewable corporate PPA, under which TSMC will offtake the full production from Ørsted’s 920 MW Greater Changhua 2b & 4 offshore wind farm. Offshore wind major Ørsted and Taiwan-based TSMC have announced that they have signed a corporate power purchase agreement (PPA), under which TSMC will offtake […] Read more
Ørsted Completes Work on 230 MW Plum Creek Wind Project Updated On Fri, Jul 3rd, 2020 by Saurenergy Ørsted has announced that it has completed the 230 MW Plum Creek wind farm in Nebraska’s Wayne County. The project consists of 82 wind turbines. Ørsted has announced that it has completed the 230 MW Plum Creek wind farm in Nebraska’s Wayne County. The project consists of 82 wind turbines and represents Ørsted’s first operational […] Read more
Ørsted CEO Henrik Poulsen Resigns After 8 Years at the Helm Updated On Tue, Jun 16th, 2020 by Saurenergy After eight years in the role, Henrik Poulsen has resigned from his position as CEO of Ørsted, will continue as CEO until January 31, 2021, at the latest. After eight years in the role, Henrik Poulsen has resigned from his position as CEO of Ørsted on June 15, 2020. He will continue as CEO of […] Read more
