orsted

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Project Finance Brief: Ørsted Secures Financing for Solar and Energy Storage Portfolio

From: Mercom Capital Group Ørsted, a Danish renewable energy company, secured $680 million in tax equity financing from J.P. Morgan to develop solar and energy storage...

May 29, 2024

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Staff

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Finance and M&A

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Solar
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Daily News Wrap-Up: Navitas Solar to Set Up Module Manufacturing Facility in the US

Gujarat-based solar module manufacturer Navitas Solar is establishing a 1.2 GW module factory in the United States through a strategic partnership with local entities,...

August 25, 2023

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Mercom Staff

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Daily Wrap-up
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Ørsted Records a Loss of $78 Million in Q2 As Wind Projects Yield Less Revenue

Denmark-based renewable energy project developer Ørsted has reported a net loss of DKK 538 million (~$78.29 million) in the second quarter (Q2) of 2023, compared to a...

August 24, 2023

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Rakesh Ranjan

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Other

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Wind
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Ørsted Buys Eversource Offshore Wind Seabed Share for $625 Million

Denmark-based renewable energy developer Ørsted has inked a $625 million deal to buy out Eversource Energy’s 50% stake in a federal offshore wind lease area they...

May 29, 2023

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Arjun Joshi

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Finance and M&A

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Wind
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Google to Procure 150 MW Wind Power from Orsted’s Project in Texas

Google has signed a power purchase agreement (PPA) for 150 MW with Denmark-based Orsted, which will supply the power from its 268 MW Helena Wind Farm in Texas in the...

April 4, 2023

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B.S. Nagaraj

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Other

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Wind
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Wind Developer Orsted Swings to $48.2 Million Loss in Q4 Due to Project Delays

Denmark-based wind developer Orsted swung into a loss of DKK 329 million (~$48.19 million) in the fourth quarter (Q4) of the financial year (FY) 2022, compared with a...

February 2, 2023

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Gautamee Hazarika

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Finance and M&A

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Wind
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Farm-downs, Partnerships Drive Wind Developer Orsted’s Profit Up in Q3

Denmark-based wind developer Orsted posted a net profit of DKK9.36 billion (~$1.26 billion) in the third quarter (Q3) of 2022, a massive jump of 1,821% year-over-year...

November 8, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Offshore Wind Developer Orsted Acquires 100% Stake in Onshore Wind Company Ostwind

Denmark-based Orsted, an offshore wind developer and operator, entered into an agreement to acquire 100% in Ostwind, onshore wind and solar developer, owner, and...

July 25, 2022

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Vijayalakshmi Sridhar

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Other

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Wind
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Daily News Wrap-up: NTPC Commissions 70 MW Capacity of a Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: NTPC has announced that 70 MW of 85 MW Bilhaur Solar PV Project at Bilhaur, Uttar...

April 5, 2021

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Rahul Nair

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Other

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Renewable Energy

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