News from Denmark
Taiwan Offshore Wind Expansion: Ørsted Advances 920 MW Wind Farm Complex off Changhua Toward Completion
01 Sep 2026 14:47 | Fredericia – Danish energy group Ørsted has celebrated the completion of construction on its second gigawatt-scale offshore wind complex off the coast of Taiwan. With the addition of the Greater Changhua 2b and 4 wind farms, the existing Changhua offshore wind cluster reaches a new capacity milestone. read more...
Offshore Wind Specialist Cadeler Doubles Revenue and EBITDA as Shares Surge
26 Aug 2026 16:28 | Copenhagen – The international offshore wind market continues to expand. Against this backdrop, Danish offshore wind services specialist Cadeler, which transports, installs and manages offshore wind turbines and foundations, reported strong financial results for the first half of 2026. The company's shares climbed sharply on the news. read more...
Ørsted Shifts Course: Danish Offshore Wind Group Returns to Dividend After Capital Increase, First Payout Planned for 2027
14 Aug 2026 16:11 | Fredericia – Danish offshore wind company Ørsted has published its half-year results and announced a shift in its dividend policy. Following a period of balance-sheet strengthening, the company is returning to regular shareholder payouts while also signaling it is once again able to pursue new growth opportunities in the offshore wind market. read more...
Vestas Posts Strong Second Quarter: Profit Surges, EUR 400 Million Share Buyback, Shares Climb
14 Aug 2026 09:44 | Aarhus — Vestas has published its second-quarter 2026 results, showing further gains in profitability and prompting the company to raise its full-year outlook. Growth was driven by the Power Solutions segment, while order intake rose sharply in parallel. The Vestas board also announced a new share buyback program. Vestas shares surged on Wednesday morning. read more...
Denmark Awards First Offshore Wind Contracts After Failed Tender Round – Vattenfall Wins Both Projects
05 Aug 2026 12:56 | Esbjerg – Vattenfall has secured the first two contracts awarded under Denmark's reformed offshore wind tender system, after the country's previous tender round collapsed entirely. The original tender closed without any bids at the end of 2024; the first awards have now been made under the revised terms. read more...
End of a Diesel Ferry: Scandlines Advances Electrification on the Vogelfluglinie Route
29 Jul 2026 11:22 | Puttgarden/Copenhagen – Electrification of shipping is gaining momentum, particularly on short, regularly scheduled ferry routes, where battery-electric vessels are increasingly emerging as an alternative to diesel propulsion. German-Danish ferry operator Scandlines is gradually converting its fleet to hybrid and battery-electric drive systems. read more...
Cadeler Share Up Almost 40 Percent in 2026: Cadeler Launches Share Buyback Programme Worth 700,000 Euros
28 May 2026 12:52 | Copenhagen – Danish offshore wind installation specialist Cadeler A/S has launched a share buyback programme with a volume of up to NOK 7.6 million (approximately 700,000 euros). The programme started on 27 May 2026 and runs until 5 June 2026, unless the maximum volume is reached earlier. read more...
Cadeler Shares Rise: Cadeler Installs First Foundation for Giant 2.9 GW Hornsea 3 Offshore Wind Farm
20 May 2026 09:18 | Copenhagen (Denmark) / London (UK) – The Danish offshore wind service provider Cadeler has installed the first fully completed monopile foundation at the British offshore wind project Hornsea 3. The company described the achievement as a major milestone in the construction of one of the world’s largest offshore wind farms. read more...
Milestone for Offshore Wind Energy in Poland: Ørsted and PGE Launch Offshore Installation of 1.5 GW Baltica 2 Project – Share Price Rises
12 May 2026 09:05 | Fredericia (Denmark) – Danish offshore specialist Ørsted and Poland's largest energy utility PGE have commenced the offshore installation of the Baltica 2 wind farm in the Polish Baltic Sea. With a capacity of 1.5 GW, the joint project will become Poland's largest offshore wind farm – a milestone for Poland's energy transition. read more...
Ørsted Shares Under Pressure: Offshore Wind Company Ørsted Increases Earnings and Advances Major Projects
07 May 2026 16:27 | Fredericia (Denmark) – Ørsted has started 2026 with higher offshore electricity production and improved operational performance. While the renewable energy company listed in the RENIXX-World index reported significantly higher EBITDA in the first quarter and progress on several major projects, the stock market reacted cautiously. Ørsted shares fell by around 4% yesterday to €21.86. read more...
