Ørsted is now poised to deliver over 2,200 MW of offshore wind to the Garden State
Atlantic City, NJ /3BL Media/ – Today, the New Jersey Board of Public Utilities (NJBPU) announced it has selected Ocean Wind 2, an offshore wind energy project proposed by Ørsted, for a 20-year Offshore Renewable Energy Credit (OREC) award at the $84.03 price from the State’s second competitive solicitation for offshore wind energy. At 1,148 MW, the Ocean Wind 2 project will allow Ørsted to develop the remaining portion of its Ocean Wind federal lease area and will power more than half a million New Jersey homes.
As an official partner, Ørsted wants to promote inclusion and diversity as key to a successful workplace as well as celebrate the ability to live and love safely and freely.
Mette Nørr Gantzhorn, Head of Diversity, Inclusion & Well-Being in Ørsted, says: "At Ørsted, we believe that different perspectives strengthen our ability to be innovative, reinforce our business results, and accelerate our global growth. Recognising that talent is diverse by nature and being inclusive is not only the right thing to do, it also helps us deliver on our bold vision."
GreenMoney Journal's 6th Annual Videos Issue has just launched. The GreenMoney team has curated a collection of interesting and inspiring films and discussions featuring a variety of innovators from the interconnected worlds of Impact Investing, Corporate Responsibility, Environmental Sustainability and Renewable Energy. Here are the 10 videos:
Ørsted has completed its Permian Energy Center project, a 460 MWAC hybrid solar and battery storage facility located in Andrews County, Texas.
Permian Energy Center brings Ørsted's onshore operating capacity to 2.1 GW. The project and its 420 MWAC of solar PV and 40 MWAC of battery storage will be located on a 3,600-acre site alongside existing oil and gas installations and will supply growing West Texas demand for electricity.
'SeaH2Land' is an ambitious vision, linking GW-scale electrolysis to the large industrial demand in the Dutch-Flemish North Sea Port cluster through an envisaged regional cross-border pipeline. The green electricity required to produce the renewable hydrogen is proposed to come from the build-out of additional large-scale offshore wind.
Business signatories of the letter collectively represent over $3 trillion in annual revenue and employ nearly 6 million U.S. workers across all 50 states. They range in size from small- and medium-sized enterprises (SMEs) to large multinational corporations, and represent a number of industries.
Nucor will purchase energy from the Western Trail onshore wind project, currently under construction and expected to be operational later this year.
Nucor, a steel manufacturer, has signed a long-term agreement to purchase energy from the 367 MW wind farm in Texas.
"Western Trail will utilise Nucor steel, demonstrating our ability to develop multilateral supply chain relationships," said Vishal Kapadia, Senior Vice President and Onshore Chief Commercial Officer at Ørsted. "It's great to partner with Nucor in their efforts to improve the environmental sustainability in the steel industry."
Ørsted announces final investment decision on the combined wind and solar PV project Helena Energy Center in South Texas and integrates the US trading team into the Onshore business.
Ørsted has taken a final investment decision on its largest onshore project to date, the 518 MW hybrid wind and solar PV project, Helena Energy Center, with an expected operational date in the first half of 2022.
The project expands Ørsted's onshore portfolio to Bee County, South Texas. The hybrid nature of the project allows Ørsted to maximise the use of the excellent location, in a highly liquid market, on a primary transmission import path into the San Antonio load centre and in an area characterised by strong coastal winds and sunshine.
Two of Denmark's largest companies, Danfoss and Ørsted, have signed a corporate power purchase agreement for 27 MW of the capacity of Horns Rev 2 Offshore Wind Farm.
Danfoss, a world-leading industrial manufacturer of energy efficient solutions, has signed a 10-year fixed price corporate power purchase agreement (CPPA) with Ørsted to offtake the renewable electricity output of 27 MW of Ørsted's 209MW Danish offshore wind farm Horns Rev 2, which came out of subsidy in October 2020.
The 17 th annual Global 100 Most Sustainable Companies will be unveiled on January 25 with a virtual CEO roundtable discussion to share insights from Global 100 pros and why it’s essential for businesses to speed up the race to a net-zero-emissions economy.