Ørsted’s Texas e-methanol project receives financial support

Ørsted, a prominent U.S. clean energy developer, has revealed its selection by the Department of Energy (DOE) Office of Clean Energy Demonstrations to initiate negotiations for potential federal funding of up to $100 million. This funding is intended to support the development of an advanced Power-to-X facility known as Star e-Methanol, located on the Texas

Esvagt and Ørsted seal deal on methanol-powered vessels

Esvagt and Ørsted have sealed a deal for a second methanol-powered service operation vessel (SOV). Esvagt is already building a 93-m-long SOV in Turkey, set to enter service by the end of 2024 at the world’s largest offshore wind farm, Hornsea 2, off the UK’s east coast. The second unit will be a sister vessel

Green hydrogen projects ramping up in Asia

The race to establish green hydrogen production bases in the Asia-Pacific region is heating up, with Western and regional companies cooperating on massive projects to produce what many see as a next-generation power source. Danish multinational Orsted, the world’s largest offshore wind power company, is considering entering the market, as are major Western oil companies.

Ørsted and CIP to collaborate for 5.2 GW Danish offshore wind push

Ørsted and Copenhagen Infrastructure Partners (CIP) have joined forces to develop 5.2 GW of offshore wind in Denmark, corresponding to more than double the country’s current installed capacity. As equal partners, the Danish duo has set out to develop, build and operate two 1.1 GW wind farms in the North Sea and two in the

Ørsted moves ahead with FlagshipONE e-methanol project

A project to provide sustainable e-methanol for the maritime sector has received the environmental permit for building the first large-scale production facility in the municipality of Örnsköldsvik in northeast Sweden. The project, called FlagshipONE and jointly owned by Swedish power-to-fuel player Liquid Wind and Danish utility Ørsted, is expected to be commissioned in 2024 and

Ørsted to acquire 45% stake in FlagshipONE from Liquid Wind AB

Ørsted, a Danish leading operator of offshore and onshore wind farms, solar farms, energy storage facilities, and bioenergy plants, will acquire 45 percent stake in FlagshipONE e-methanol project from Liquid Wind AB, a Swedish circular carbon energy company with focus on bringing renewable methanol to the market at scale. FlagshipONE is a late-stage development project

First Large E-Methanol Project Moves Forward with Ørsted Investment

Efforts to develop what could become the world’s first large-scale sustainable e-methanol project are moving forward as the maritime industry looks for sources of alternative fuel. Danish energy company Ørsted, looking to build its leadership position within green fuels and renewable hydrogen, will invest in FlagshipONE, Liquid Wind’s late-stage development project which could be commissioned