All five US offshore wind farms halted by federal stop-work orders dated 22 December 2025 have resumed construction after court injunctions, with Sunrise Wind the final project cleared to restart.
Ørsted ranks 9th in Corporate Knights’ Global 100, citing 91% revenue and 99% investments classified sustainable in 2024, plus major scope 1–2 intensity cuts versus 2006.
Ørsted agreed to sell a 55% stake in the 632 MW Greater Changhua 2 offshore wind project to Cathay, with closing aligned to commercial operations expected in Q3 2026.
Borkum Riffgrund 3, Germany’s largest offshore wind farm, began feeding electricity to the grid on 3 December 2025, with full operation expected in Q1 2026.
Ørsted has rolled out its Osonic monopile installation method for commercial use following trials at Gode Wind 3. The company formed a new collaboration with Luxcara, which plans to use the technique across its offshore wind projects in Germany.
Ørsted said it has no plans to merge with or take over Equinor’s renewables business, following Equinor’s proposal for closer ties. The Danish offshore wind company said it remains focused on executing its strategy.
Ørsted reported a DKK 1.7bn net loss in Q3 2025, reversing a prior-year profit as offshore wind earnings weakened amid lower wind speeds.
Ørsted has agreed to sell a 50% stake in its 2.9 GW Hornsea 3 offshore wind project in the UK to Apollo for about DKK 39 billion ($6 billion).
BigLift Baffin, one of BigLift Shipping’s MC-Class vessels, is transporting the second Hornsea 3 substation topside from Thailand to Norway, marking a key milestone for Ørsted’s 2.9 GW offshore wind project.
