The aim of the agreement is to establish a successful local wind power industry driven by Ørsted's 1.6 GW offshore wind project off the coast of Incheon.
Ørsted has signed an agreement with Eversource to acquire Eversource’s 50 percent share of Sunrise Wind, a 924 MW offshore wind farm which would deliver power to New York.
Following a decision by its Board of Directors, Ørsted will cease development of the Ocean Wind 1 and Ocean Wind 2 projects and has taken final investment decision (FID) on the Revolution Wind project.
Based on Sennen’s existing tried and tested technology, this new system will help Ørsted to plan and deliver the construction of New York’s first offshore wind farm – South Fork Wind.
In 2024, the world's first green fuels vessel for offshore wind operations will launch off the UK East Coast, as the result of a ground-breaking agreement between Ørsted and ESVAGT.