Ørsted hit with huge tax bill by Danish treasury for UK assets
Ørsted has been slapped with a tax bill totaling almost DKK 7 billion by the Danish treasury for two of its UK offshore wind farms.
Ørsted has been slapped with a tax bill totaling almost DKK 7 billion by the Danish treasury for two of its UK offshore wind farms.
UK Offshore wind "entered the Premier League" in 2018, according to a new report by the Crown Estate.
The UK led Europe in offshore wind construction in 2018, according to new data.
Danish renewables firm Ørsted has announced a slightly higher than expected profit (EBITDA) of £2.64million for 2017.
Danish offshore wind firm, Ørsted, have said that they believe Walney Extension Wind Farm will be completed in the second half of 2018.
Inverurie-based energy services company, HB Rentals, have snagged a £500,000 contract to provide offshore accommodation and workspace solutions to the offshore wind sector.
Moray (East) Wind Farm has come under scrutiny from a new report for the significant drop in their Contract for Difference (CfD) strike price from the first to second phase of the CfD auctions.
Global Warming Policy Forum (GWPF) data on the Walney Offshore Wind Farm extension shows that, despite industry claims, the building in of wind farms in deeper water is costing more rather than less.
Danish company Ørsted, formerly DONG Energy, have signed a deal to divest a 50% share in their 659 megawatt (MW) UK offshore wind farm project at Walney Extension.
Dong Energy is to construct the world's biggest wind farm, 12 miles off the UK's west coast and investing more than £10million in the project.