The world’s largest offshore wind company has seen a rise in half-year profit, boosted by increased power generation from two new UK wind farms. Orsted reported a 2 per cent increase in group earnings to 8.8 billion Danish kroner (£1.1 billion), driven by an 18 per cent rise in income from operational wind farms. The Danish company said this reflected “the ramp-up of output” from Borkum Riffgrund 2 off Germany, Walney Extension in the Irish Sea and Hornsea One off the coast of East Yorkshire. However, it said it was not “fully satisfied” with its wind power output in the first six months of the year due to higher-than-normal outages and curtailments.
Times 9th Aug 2019 read more »
Wind giant Orsted has said it is “looking forward” to seeing the full details of the next Scottish offshore wind leasing round, as the firm experienced a bumper surge in revenues from the sector.
Energy Voice 9th Aug 2019 read more »