Orsted

Company description

Ørsted, headquartered in Fredericia, Denmark formerly known as DONG Energy (Danish Oil and Natural Gas), is a Danish renewable energy company with a primary focus on offshore wind power. Founded in 2006 as DONG Energy, the company underwent a significant transformation, divesting its oil and gas business and changing its name to Ørsted in 2017.

The company has divested its oil and natural gas assets and shifted its primary focus to offshore wind, onshore wind, and solar energy. It is a major player in the development, construction, and operation of offshore wind farms. The company has been involved in numerous offshore wind projects globally, contributing significantly to the expansion of renewable energy capacity. Ørsted operates in multiple countries and has a global presence with projects in Europe, North America, and Asia. In addition to wind energy, Ørsted is involved in other renewable energy sectors, including solar power.

Company details

City:
Fredericia
Address:
Kraftværksvej 53 Skærbæk, 7000 Fredericia Denmark

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • April 03, 2024

    Substation contract awarded for 1.5 GW Offshore wind farm in Poland

    Seaway7 has announced the award of a sizable contract by PGE Polska Grupa Energetyczna and Ørsted for the transport and installation of the substations for the Baltica...

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  • April 01, 2024

    Geotechnical and structural designer picked for 900 MW Baltica 1 offshore wind project

    PGE Baltica has picked Gavin and Doherty Geosolutions (GDG), a Venterra Group company for the 900 MW Baltica 1 offshore wind project situated 80 km from the coastline, of the town of Le...

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  • March 19, 2024

    US$570 million financing provided for 2.85 GW Offshore wind farm in UK

    Export Finance Norway (Eksfin) is providing loan financing of EUR 525 million (US$570 million) to Ørsted for the purchase of two transformer platforms from Norway’s Aibel f...

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  • March 04, 2024

    Ørsted signs Cable contract for 1.5 GW Offshore wind project in Poland

    PGE and Ørsted joint venture has signed contracts with Navantia-Windar and Orient Cable (NBO) for delivery of foundations and array cables for 1,500 MW Baltica-2 Offshore Wind Power Plant...

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  • February 28, 2024

    MoU signed for development of wind power industry driven by 1.6 GW offshore wind project in South Korea

    Ørsted has signed a memorandum of understanding (MoU) with Incheon Metropolitan City, Korea, to cooperate on developing a world-class offshore wind power industry in the region.

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  • February 15, 2024

    Van Oord to install monopiles at 1.5 GW Offshore wind farm in Poland

    Van Oord has been contracted for the transportation and installation of monopiles at Orsted and PGE's 1500 MW Baltica 2 Offshore Wind Farm in Poland. 

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  • February 02, 2024

    EIA submitted for 1 GW Floating Wind farm in Scotland

    Stromar Offshore Wind Farm Limited, a joint venture between Ørsted, BlueFloat Energy and Renantis, has successfully submitted its comprehensive EIA scoping and HRA screening reports for the&nbs...

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  • January 30, 2024

    Ørsted takes over 924 MW Sunrise offshore wind project

    Ørsted has signed an agreement with Eversource to acquire Eversource’s 50 % share of the 924 MW Sunrise Wind project. The acquisition is contingent upon the successful allocation of...

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  • January 25, 2024

    Contract secured for inter-array cables for 704 MW offshore wind farm in USA

    The Correll Group has secured a contract with Hellenic Cables for the termination and testing of inter-array cables on the wind turbine generators and offshore substation for the 704 MW Revolution Win...

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  • January 22, 2024

    Construction Contractor selected for 1.5 GW Offshore Wind Farm in Poland

    PGE Group and Ørsted signed an agreement with GE Vernova and Polimex Mostostal for the construction of Baltica 2 Offshore Wind Power Plant in the Pomerania region of Poland.

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