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Ørsted and PGE reach FID for Baltica 2 offshore wind farm in Poland

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Ørsted and Polska Grupa Energetyczna (PGE) have made the final investment decision (FID) for the 1.5GW Baltica 2 offshore wind farm off the Polish coast.  The wind farm is expected to be fully commissioned by the end of 2027. Developed in a 50/50 partnership, Ørsted and PGE will be responsible for the entire project, including offshore transmission and substations. The project will feature 107 Siemens Gamesa 14 MW-222 turbines, with installation services from Cadeler and…

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Ørsted sells 50% stake in US solar and battery projects

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Ørsted has divested a 50% equity stake in three US solar and battery projects to Energy Capital Partners (ECP) for $572m. The projects include Mockingbird Solar (468MW) and Sparta Solar (250MW) in Texas, as well as the Eleven Mile Solar Center in Arizona, which combines 300MW of solar power with 300MW/1,200MWh battery storage. Details of the transactionThe projects, all of which have secured tax equity partnerships and power purchase agreements, are scheduled to begin operations…

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Denmark’s largest offshore wind farm tender in the North Sea receives no bids

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Denmark’s largest offshore wind farm tender, launched in April 2024, received no bids, marking a setback for the global offshore wind industry.  The tender offered six sites with a combined capacity of up to 10GW, including three in the North Sea and three in the Baltic and Kattegat.  The Danish Energy Agency plans to engage with market participants to understand the reasons behind the lack of interest, especially considering the absence of subsidies for bidders….

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112 MW Ballinagree wind farm in Ireland secures planning approval

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The Ballinagree wind farm, a 50:50 joint venture between FuturEnergy Ireland (a Coillte-ESB partnership) and Danish developer Ørsted, has received planning approval.  Located between Millstreet and Macroom in County Cork, the project will feature 16 wind turbines, each 185m tall, with a total capacity of 112MW. Once operational, the wind farm is expected to power 73,000 homes annually and offset 3.5 million tonnes of CO₂ emissions over its lifetime.  A community benefit fund of up…

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Poseidon to deliver cable services for Greater Changhua wind farms in Taiwan

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Poseidon Cables has secured a contract with NCT Offshore to provide cable pre-rigging and pull-in services for the Greater Changhua 2b and 4 offshore wind farms in Taiwan. Located 35-60km offshore Changhua County, the project will become Taiwan’s largest wind power complex, generating electricity to supply one million households annually. Poseidon Cables’ role involves preparing and pulling in inter-array cables, a critical step toward operationalizing wind farms. This contract underscores Poseidon Cables’ standing as a…

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Ørsted submits Long Island Wind proposal to NYSERDA

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Danish energy company Ørsted has submitted a proposal for the Long Island Wind project to the New York State Energy Research and Development Authority (NYSERDA).  The project is designed to generate over 1.4GW of offshore wind energy, supplying renewable power to one million homes in New York, and is expected to begin commercial operations by 2033. Long Island Wind is a key component of Ørsted’s Northeast Hub, supporting the region’s clean energy transition. The project…

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UK secures £24bn in green energy investments

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The UK government has secured over £24 billion ($31.39 billion) in private investments for innovative energy projects ahead of the International Investment Summit on 14 October 2024. These investments are expected to create thousands of jobs and drive growth in the UK’s clean energy sector, spanning from Yorkshire to Suffolk, Aberdeen, and Stow. Key companies involved include Iberdrola, Ørsted, SeAh Wind, Macquarie, BW Group, and Holtec, with substantial commitments to renewable energy projects. Iberdrola’s subsidiary…