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Ørsted to Use Low-Carbon Steel and Recycled PV Panels as Part of Sustainability Efforts – EQ Mag

Ørsted and wind turbine manufacturer Vestas announced a partnership to promote sustainable business models. Under the collaboration, Ørsted will procure wind turbine towers made from low-carbon steel and blades made from recycled materials from Vestas for offshore wind farms. In terms of solar energy recycling, the Danish energy company also announced a partnership with SOLARCYCLE […]

JSW Energy Wins 700 MW Solar Project from SJVN, Boosts Total Capacity to 11 GW – EQ

Ørsted to acquire Eversource share of uncontracted offshore wind seabed – EQ Mag

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. Ørsted has signed an agreement to acquire Eversource Energy’s 50 % interest in the uncontracted federal offshore wind lease area currently owned jointly by the […]

M&A deal value in India drops 27 pc in 2023: Report – EQ

Ørsted, Eversource make 884-MW bid in Rhode Island offshore tender – EQ Mag

Denmark’s Ørsted A/S (CPH:ORSTED) and New England utility Eversource Energy (NYSE:ES) have submitted a proposal for an 884-MW wind farm called Revolution Wind 2 in Rhode Island’s latest offshore wind solicitation. The joint venture (JV) partners said on Monday that their proposal would bring over USD 2 billion (EUR 1.87bn) in direct economic investments to […]

DHBVN Issue Tender for Supply of 500 KW to 2 MW to be connected to respective sub-stations of rural areas notified by DHBVN – EQ

Orsted says offshore business faced headwinds in Q4 due to delays, hedges – EQ Mag

Denmark’s Ørsted, the world’s No. 1 offshore wind farm developer, on Wednesday reported fourth-quarter operating profit in line with preliminary 2022 numbers but said its offshore business faced challenges. “In a year with unusual market conditions, not least the very volatile energy prices and a substantial increase in inflation, we’re happy to achieve a record-high […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

Sector majors go head-to-head in New York’s 3rd offshore wind competition – EQ Mag

Sector majors go head-to-head in New York’s 3rd offshore wind competition. New York’s third competitive offshore wind solicitation, launched last summer with a target of at least 2,000 MW, closed for project submissions on January 26, but not before drawing bids from some of the sector majors. EQUINOR AND BP Norwegian energy group Equinor ASA […]

DHBVN Issue Tender for Supply of 500 KW to 2 MW to be connected to respective sub-stations of rural areas notified by DHBVN – EQ

Ørsted extends its 100% renewable electricity target to all suppliers

Ørsted has set a clear expectation towards all suppliers to use 100 % renewable electricity by 2025, becoming the first energy company in the world to do so. The commitment builds on learnings from Ørsted’s existing supply chain decarbonisation programme, first established in 2020, and supports the company’s industry-first science-based 2040 net-zero target. The company has reduced its […]

JSW Energy Wins 700 MW Solar Project from SJVN, Boosts Total Capacity to 11 GW – EQ

Ørsted enters Spanish onshore renewables market with solar and wind partnerships

Ørsted has entered four partnerships to pursue early-stage solar and onshore wind projects in the upcoming grid auctions in Spain and announces multi-GW ambitions in the market long-term. To support its Spanish ambitions, the company has established a team and office in Madrid. In 2021, Ørsted entered the European onshore market by acquiring Brookfield Renewable […]

M&A deal value in India drops 27 pc in 2023: Report – EQ

Orsted plans $57 bln drive to be No.1 in green energy

The Danish firm, which sold its oil and gas business in 2017, has benefited hugely from policies to implement the 2015 Paris Agreement, a collective shot at limiting global warming. COPENHAGEN: Orsted, the world’s largest offshore wind farm developer, is ramping up its investment in renewables to $57 billion by 2027, seeking to become a […]

Hydrogen storages important foundation for solar PV expansion in Europe – German govt scenarios -EQ

Orsted Selects POSCO as Partner for Wind Farm and Green Hydrogen Projects

SEOUL : Orsted, a Danish power company involved in major offshore wind power projects in the world, selected POSCO as a crucial business partner for green hydrogen and offshore wind power businesses. The Danish company has promised to shape a competitive supply chain with local companies for a major offshore wind power complex to be […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ

Denmark’s Orsted to Work With South Korean Steel Giant on Offshore Wind, Renewable Hydrogen

Orsted wants to develop as much as 1.6 gigawatts (GW) of offshore wind near Incheon, South Korea. A number of major firms have recently revealed plans to develop renewable hydrogen facilities. Energy firm Orsted has signed a memorandum of understanding with South Korean conglomerate POSCO that will focus on offshore wind and renewable hydrogen. In […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ