Ørsted | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Ørsted is a leading renewable energy company focused on creating a world that runs entirely on green energy. The company develops,...


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Ørsted is a leading renewable energy company focused on creating a world that runs entirely on green energy. The company develops, constructs, and operates offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants. Originally known as DONG Energy, Ørsted has transformed from a traditional oil and gas company to a fully green energy provider, emphasizing sustainability and innovation in the energy sector.

Website
Headquarters
Fredericia, Skærbæk
Size
5001-10,000 employees
Industry
Renewable Energy Power Generation
Specialities
Offshore wind, Bioenergy plants, waste-to-energy solutions, smart energy products , onshore wind

🛍️ Ørsted Product and Pricing News →

👔 Ørsted CEO, Management and Leadership Team →

⚔️ Ørsted Alternatives and Competitors →

💼 Ørsted Hiring and Layoffs →

🤖 Ørsted Developer, Integration and Automation News →

📈 Ørsted Financials, Fundraising and Valuation News →

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🛍️ Ørsted Product and Pricing News

  • Ørsted is expanding its operations in the US by engaging in shipbuilding, marshalling, fabrication, and manufacturing activities to support the offshore wind industry and create jobs.
  • Ørsted has delivered the first suction bucket jacket foundations for the Greater Changhua 2b and 4 offshore wind farms to Taichung Port, marking a significant milestone in the Asia-Pacific region.
  • Sweden rejected 13 offshore wind farms including Ørsted's Skåne Havsvindpark.
  • Ørsted is building the Wald-Windpark Bahren West in Brandenburg with nine turbines and a total capacity of 50.4 MW, enough to power 28,000 households.
  • Ørsted's CEO Mads Nipper has been named one of the 100 most important climate leaders by TIME.

  • On October 28, 2024, Ørsted won the Margarete-Runtinger-Preis in the 'Medium Enterprises' category for promoting women and family-friendly work conditions, with Stefan Bachmaier, Managing Director of Ørsted Onshore Deutschland GmbH, accepting the award.
  • Ørsted's South Fork Wind project, the first utility-scale offshore wind farm in the U.S., won the Project of the Year award from ENR for powering 70,000 homes with 12 turbines.
  • An Ørsted Government Affairs Official is funding local marine life NGOs and State Universities to research the impact of the Biden administration's Energy Plan on East Coast marine life.

👔 Ørsted CEO, Management and Leadership Team


⚔️ Ørsted Alternatives and Competitors

  • Iberdrola
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  • Vestas
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  • Vattenfall
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  • Equilibrium Energy
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  • Masdar
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  • GE Vernova
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  • Semco Maritime
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  • NextEra Energy
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  • Arash Ventures
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  • Kinetix Technologies
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  • Wadah Sejati
  • |
  • Antora Energy
  • |
  • Sunfire
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  • Caban Systems
  • |
  • Continuum Green Energy
  • |
  • Enel Green Power
  • |
  • EDP Renováveis
  • |
  • DNO
  • |
  • RWE

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💼 Ørsted Hiring and Layoffs

  • Oleg Gavryushenko has left Ørsted as Head of Electrical Engineering Management at Power Transmission in Denmark to join NNE as Project Director.
  • Niels Fabricius has been appointed as Head of Ø3.0 TMO at Ørsted.
  • Dan Lenton has left Ørsted as a Service Delivery Owner in Denmark to join Danish Crown as Director, Finance & Accounting.
  • Mark Porter, SVP Operations at Ørsted, announced his departure after leading the Offshore wind operations team for six and a half years, during which he oversaw the growth of the offshore fleet in Europe from 3 GW to over 9 GW.
  • Benj Sykes has started his role as Ørsted's UK Country Manager, focusing on expanding offshore wind capacity and developing a regulatory framework for repowering wind farms.

  • Mikkel Kvist Thomsen has been appointed as Senior Vice President, Head of Valuation & Decision Support at Ørsted.
  • Erik Emerick has left Ørsted as Head of Onshore Asset Management, Americas to join PEAK Wind as Managing Director Americas and Head of Asset Management in the United States.
  • Jennifer Garvey has left Ørsted as Head of New York Market Strategy to join Rise Light & Power as Director of Development in the United States.

🤖 Ørsted Developer, Integration and Automation News

  • Ørsted has partnered with Brookfield, which will acquire a 12.45% stake in four of Ørsted's UK offshore wind farms for $2.3 billion, with the transaction expected to close by the end of 2024.
  • Ørsted has formed a new partnership with Securitas Technology UK to support all 27 UK sites.
  • Ørsted and Eversource have expanded their research partnership with UConn Avery Point to study the effects of offshore wind turbines on marine life.


📈 Ørsted Financials, Fundraising and Valuation News

  • Ørsted narrowed its full-year EBITDA guidance to DKK 24-26 billion after achieving solid earnings in the first nine months and securing 3.5 GW of offshore wind capacity in a UK auction.
  • Ørsted is exploring an offshore financing facility to advance hybrid offshore wind projects by ensuring revenue clarity and fair risk distribution among countries.


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