Maersk Supply Service-owned Stillstrom will conduct a feasibility study with Port of Aberdeen to find out how to install a charging station for standby vessels. Stillstrom plans to install charging stations at as much as 100 ports.
The advisory firm has set its sights on a bigger presence on the offshore wind market and has acquired a Swedish company.
The energy company wants to establish a nearshore windfarm off the coast of island Anholt using Vestas’ 15MW turbines installed atop floating platforms, if possible.
The French utility is joining forces with Taiwan-based Taiya to develop a 440MW offshore wind project.
Northland Power and partners backing the Hai Long offshore wind farm have signed a deal with the Danish offshore operator’s Taiwanese joint venture.
Ørsted won the tender for British offshore wind farm Hornsea 3 in July and now enters a contract with UK-based VolkerFitzpatrick on an accompanying land cable.
The Danish cable manufacturer closes the second quarter with flying colors, with a record-sized order book resulting in factory expansion, which along with other extensions propels the Solutions division forward to nearly doubling its top line.
Now signed by the US president and thus fully formalized, the watered-down version of Biden’s climate campaign bill – full of compromises to get conservative Democrats on aboard and thus attracting critique from many observers – nonetheless contains the nation’s most sweeping legislation supporting the green transition to date, thereby on account of sheer size reviving some hope of averting the worst outcome for global climate.
The cable maker exceeded expectations of both revenue and earnings in Q2.
The German manufacturer kicks off this year’s third quarter with ten new orders totaling 102MW from the group’s domestic market.
A Norwegian development fund has awarded its first-ever hydrogen funding to Scatec, which plans to establish green hydrogen production in Africa.
Recent months have seen several countries launch big plans for offshore wind, and there’s enormous potential, says Ørsted’s CEO. The option of a 20% capital raise provides the utility’s chief with a trump card to play should growth opportunities arise.
The German power company has sold slightly less than 50% of its interest in 16 solar farms.
The big legislative package worth USD 430bn has now passed through the US House of Representatives, and while also containing plenty of support for fossil energy, the bill’s provisions for renewables and energy infrastructure keep a sliver of hope alive for keeping global heating somewhat in check.
The German wind turbine maker follows rivals noting another big interim loss, with revenue also having taken a hit. That, though, is exactly as expected, says CEO.
This order of 96 turbines brings the manufacturer’s total orders for its 3.X platform in India up to 1.4GW.
Recent years have seen crashing rotor blades, cracked foundations, and burning nacelles on a handful of turbines in the birthplace of offshore wind. Problems notwithstanding, the Danish utility’s CEO is convinced that such issues will not undermine confidence in technology.
The German-Spanish manufacturer will supply 14 wind turbines to project developer Acen.
Keppel Corporation becomes co-owner of a wind farm in the German North Sea alongside Ørsted and Gulf International Holding in a transaction worth EUR 305m.
After a pre-release of EBITDA results confirming guidance, the German utility informs of plans to invest billions of euros this year on expanding renewables.
The company’s largest acquisition to data will not only make KK Wind Solutions Vestas’ exclusive partner, but also provides the supplier with a Chinese market entry – also making it easier and cheaper to source components, says CEO.
The Spanish utility has just entered the commissioning phase for its largest solar power project on the globe to date.
While elevated prices have benefited the power plant business of the Bioenergy and Onshore divisions, high volatility has negatively impacted Ørsted’s largest business leg, Offshore.
Making the steel industry sustainable faces several major challenges; firstly the need to add staggering volumes of renewable capacity, and secondly, legislative reform, says lobby Hydrogen Europe in a report.
Nordic pension funds are among the investors in the first private equity fund targeting the green transition launched by Norway's largest private equity firm, which has been focusing on the offshore energy industry for more than 30 years.
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