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News from Denmark



Management Change at Ørsted: Mads Nipper Steps Down as Ørsted CEO, Succeeded By Rasmus Errboe

31 Jan 2025 14:57 | Fredericia, Denmark - The Danish energy group and offshore specialist is parting ways with its previous CEO Mads Nipper in the current tense market environment. Nipper will be succeeded by the current Deputy CEO and Chief Commercial Officer Rasmus Errboe, who will be appointed as the company's new Group President and CEO. read more...


Vestas Also Wins Contract For Second Phase: Vestas to Supply Wind Turbines For Ukraine's Largest Wind Energy Project

23 Jan 2025 16:50 | Madrid, Spain - Danish wind turbine manufacturer Vestas has been awarded a 384 MW contract for the second phase of DTEK's Tyligulska project in Ukraine. The order complements the 114 MW order for Tyligulska I, which Vestas received in March 2021 and successfully commissioned in spring 2023. read more...


Offshore Wind Farm „Borkum Riffgrund 3“ With More Than 900 MW Record Capacity Installed - New Paths And Innovations

15 Jan 2025 15:09 | Fredericia, Denmark - The expansion of offshore wind energy in Germany will continue to gather pace in 2025 with the planned addition of around 1,800 MW of offshore wind power capacity. read more...


Farm-Down Program: Ørsted Completes Sale Of Shares in Four Uk Offshore Wind Farms to Brookfield

06 Jan 2025 14:58 | Fredericia, Denmark - Following the announcement in late October 2024, Ørsted announced in late December that it has finalized the sale of 12.45% minority stakes in the four UK offshore wind farms Hornsea 1, Hornsea 2, Walney Extension and Burbo Bank Extension to Brookfield. Together, the four farms have a total capacity of around 3,500 MW (3.5 GW). read more...


Vestas With Strong Order Intake at The End of The Year - Share Price Benefits

03 Jan 2025 10:35 | Münster, Germany - The Danish wind turbine manufacturer Vestas recorded remarkable order momentum in the last two weeks of 2024, at the end of the fourth quarter. Numerous orders were reported during this period. This has had a positive impact on the development of the Vestas share price. read more...


Year-End Business: Vestas Collects Orders From Europe, The USA And New Zealand at The End of The Year - Share Price up

20 Dec 2024 08:42 | Aarhus, Denmark - The Danish wind turbine manufacturer Vestas has announced a series of orders this week with a total capacity of 666 MW including long-term service contracts. With a total of 503 MW, the focus of the orders is on European markets. read more...


Insurance company steps in: Ørsted closes sale of 50 percent stake in offshore wind farm in Taiwan

17 Dec 2024 11:43 | Fredericia, Denmark - Ørsted announced in February 2024 that it is accelerating its divestment program to generate proceeds as part of the company's strategic focus. In Taiwan, the Danish offshore specialist has now brought the Taiwanese insurance company Cathay Life Insurance on board as an investor. read more...


Vestas Share Cannot Benefit: Vestas Receives Major Onshore Order From The USA

03 Dec 2024 16:58 | Aarhaus, Denmark - The Danish wind turbine manufacturer Vestas has received an order from the renewable energy company Invenergy Wind LLC in the USA to supply the wind turbines for the Alle-Catt Wind Energy wind farm. read more...


Mega Heat Pump From MAN Energy Solutions Supplies First Heat in Esbjerg, Denmark

28 Nov 2024 16:12 | Esbjerg, Denmark - While heat pumps are being politicized in Germany, the market in the Nordic countries continues to pick up speed. The world's largest CO2-based seawater heat pump from MAN Energy Solutions has now gone into operation in Denmark. read more...


Vestas CEO buys 10,000 Vestas shares after Trump victory

19 Nov 2024 16:14 | Aarhus, Denmark - After the US elections, green stocks from the USA are the first to fall. US investors' concerns about tariffs on solar products from China and latent worries about a reversal of direction from renewable to fossil fuels in the US are high following the election of Donald Trump. read more...



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