Installation of the wind turbines at Race Bank first began in May 2017 and, following successful completion of the 240-hour acceptance tests of all 91 wind turbines and the 200-hour test of the full wind farm, the project is now capable of generating its full capacity of 573 MW. According to Ørsted, during the commissioning…
Ørsted appoints new CEO
Ørsted has announced that Samuel Leupold, CEO of Wind Power at Ørsted, Executive Vice President and member of the Ørsted Executive Committee, has decided to resign from the company. Samuel Leupold has decided to take a break and spend more time with his family after having commuted between his home in Switzerland and Ørsted’s offices…
Ørsted North Am President Thomas Brostrøm elected to AWEA Board of Directors
Ørsted, a developer of offshore wind farms, says that Thomas Brostrøm, the company’s President of North America has been elected to serve on the board of The American Wind Energy Association (AWEA).
Ørsted issues green bonds
Ørsted A/S announces its intention to issue a benchmark-size subordinated green hybrid capital security with a maturity in 3017, and first par call date after seven years with a benchmark-size euro-denominated green senior unsecured bond with a maturity of 12 years. Ørsted also invited holders of its outstanding Eurobonds to tender such bonds for purchase.…
Ørsted: New survey shows strong support for clean energy in the U.S.
Coal and oil are still the world’s main energy sources, but there’s massive public support for a green future. According to a new survey, people across all ages, political standpoints, education, and geographies are in favor of a shift to green energy. The backing for green energy is clear: In the largest survey of attitudes…
Ørsted to sell 50% ownership of Walney Extension wind farm
Ørsted has signed an agreement to sell 50% of Walney Extension, a 659-MW UK offshore wind farm project to a consortium consisting of PKA and PFA, two leading Danish pension funds. Each investor will obtain a 25% ownership interest in the project. Walney Extension, which is currently under construction, will be the world’s largest offshore…
DONG Energy is now Ørsted, says offshore wind can outperform coal
A Danish energy company, Dong energy, supplying millions of Europeans with energy has proven that offshore wind technology can outperform black energy such as coal.