Ørsted £100m investment in Hornsea 3 set to create 300 jobs
Danish state-owned energy firm Ørsted has pushed ahead with its 2.9GW Hornsea 3 offshore wind farm as it dished out a series of contracts to UK suppliers worth up to £100 million.
Danish state-owned energy firm Ørsted has pushed ahead with its 2.9GW Hornsea 3 offshore wind farm as it dished out a series of contracts to UK suppliers worth up to £100 million.
Orsted (CPH: ORSTED) is considering reusing the export cable from a failed US wind farm in its Hornsea development in the UK.
Danish wind farm giant Ørsted (ORSTED.CO) has revealed plans to install a Tesla (TSLA.O) battery storage system at its Hornsea 3 wind farm in East Anglia.
Aberdeen-based offshore services group Balmoral Comtec has received a multi-million-pound contract for the supply of cable protection systems (CPS) by Orsted for its major Hornsea 3 project.
Ørsted has taken a final investment decision (FID) on the 2.9GW Hornsea 3 wind project – billed as the world’s single largest offshore wind farm.
Orsted (CPH: ORSTED) will benefit from permanent tax breaks announced by UK Chancellor Jeremy Hunt in an effort to support the country’s business in the shift to clean energy.
The once-booming UK offshore wind industry faces years of pain, including project delays and possible cancellations, due to soaring costs and higher interest rates.