'Massive growth potential': Ørsted to spend £55bn on green energy through to 2030

Michael Holder
clock • 2 min read
Hornsea One Offshore Wind Farm | Credit: Orsted
Image:

Hornsea One Offshore Wind Farm | Credit: Orsted

Danish energy giant cites 'transformative' EU and US incentives as it confirms 2030 goal to install 50GW of renewables capacity

Ørsted is to invest 475bn Danish kroner - more than £55bn - over the remainder of the decade in support of its goal to deliver 50GW of installed renewable energy capacity worldwide by 2030, the Danish...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Energy

Deep sea mining: Meet the CEO at the heart of the fight over the ocean floor

Deep sea mining: Meet the CEO at the heart of the fight over the ocean floor

The Metals Company’s Gerard Barron makes the environmental case for mining for transition minerals under the seabed

Cecilia Keating
clock 15 April 2024 • 13 min read
How Google closes clean energy deals in as little as two months

How Google closes clean energy deals in as little as two months

With new standardised contracts, Google aims to scale the amount of 'carbon-free' energy supplying its data centres

Heather Clancy, GreenBiz.com
clock 12 April 2024 • 3 min read
Scottish firms selected for offshore renewables supply chain accelerator

Scottish firms selected for offshore renewables supply chain accelerator

Scheme delivered by ORE Catapult in tandem with Energy Transition Zone to help new offshore wind market entrants achieve scale

Stuart Stone
clock 12 April 2024 • 3 min read