Ørsted Archives

Ørsted completes construction of 518 MW wind and solar center in Texas

The Helena Energy Center is comprised of a 268 MW wind farm and a 250 MWac solar farm. It has contracts with multiple corporate offtakers.

Ørsted closes $680M in tax equity financing for solar+storage portfolio in Texas and Arizona

This deal represents one of the largest solar and storage tax equity transactions using a combined production tax credit (PTC) and investment tax credit (ITC) structure since the passage of the Inflation Reduction Act (IRA) in August 2022.

Rhode Island offshore wind project cleared to begin construction

Located about 15 nautical miles southeast of Point Judith, Rhode Island, the project will have an estimated capacity of 704 megawatts, capable of powering nearly 250,000 homes.

Rough seas ahead as multiple offshore wind power purchase agreements are scrapped

Economic uncertainties have resulted in multiple East coast offshore wind power purchase agreements (PPA) to come to an end, with both developers and utilities deciding to back out of the agreements.

First monopile foundation installed at South Fork Wind, New York’s first offshore wind farm

If the project remains on track to be completed by the end of 2023, it would become America’s first utility-scale offshore wind farm to be completed in federal waters.

Ørsted launches data vessel to aid offshore wind development

The USV is designed as a generic sensor platform and can collect large amounts of data on the wind conditions, the state of the seabed, and biological and ecological measurements.