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Released January 24, 2023 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Danish power developer Ørsted (Fredericia) seems to be having a busy January in regard to its U.S. renewable energy undertakings. Not only has the company announced that it will proceed with construction of a large solar farm in Texas, but it will increase its stake in a planned wind project off the New Jersey coast.
Earlier in January, Ørsted announced that it had made a positive final investment decision for the construction of the Mockingbird solar farm in Lamar County, Texas, and will start construction soon. According to trade publications, it will be the largest solar facility in Ørsted's portfolio. Upon completion, which is expected next year, the facility will have a nameplate generating capacity of 471 megawatts (MW).
In 2021, Ørsted signed a power purchase agreement for some of the facility's power with Royal DSM (Heerlen, Netherlands), a health and nutrition company seeking to lower its greenhouse gas emissions. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to learn more about the project.
Construction on another Ørsted solar farm in Texas is set to wrap up in the first half of this year. Work on the Sparta solar farm in Bee County kicked off in early 2021. The facility will use approximately 775,000 solar panels to achieve a nameplate generating capacity of 250 MW. Ørsted completed a 63-turbine, 268-MW windfarm a few miles from the solar site last summer. Subscribers can click here for the project report on the solar farm.
But Ørsted has made other moves in the U.S. power sector this month. Last week, the company announced that it would increase its stake in the Ocean Wind 1 offshore wind project, located about 15 miles off the coast of southern New Jersey. Ørsted has agreed to purchase the remaining 25% stake owned in the project by Public Service Enterprise Group Incorporated (NYSE:PEG) (Newark, New Jersey), increasing its stake in the project to 100%.
Plans for the project call for the installation of 92 turbines, each 12 MW, to achieve a nameplate generating capacity of 1,100 MW. U.S. offshore wind projects remain in their infancy, with development of large-scale projects just starting to emerge. Industrial Info estimates construction on the Ocean Wind 1 project could kick off late in 2024, taking about three years to complete. Subscribers can click here for more details.
Ørsted is currently at work on a smaller offshore project on the Outer Continental Shelf, off the Rhode Island coast. Construction on the South Fork offshore windfarm kicked off early last year and is expected to be completed later this year. The windfarm will use 15 turbines, each 8.6 MW, to generate about 130 MW. The energy will go to New York state. Subscribers can click here for the full report.
Onshore wind projects in Ørsted's U.S. portfolio include the Sunflower windfarm in Marion County, Kansas, construction of which recently kicked off. Engineering, procurement and construction contractor Wanzek Construction Incorporated (West Fargo, North Dakota) will erect 70 turbines, 2.5 MW, to achieve nameplate generation of 200 MW. Completion of the project is expected next summer. Subscribers can click here for more information.
Subscribers to Industrial Info's GMI Database can click here for a look at all of the reports for projects discussed in this article, and here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
Earlier in January, Ørsted announced that it had made a positive final investment decision for the construction of the Mockingbird solar farm in Lamar County, Texas, and will start construction soon. According to trade publications, it will be the largest solar facility in Ørsted's portfolio. Upon completion, which is expected next year, the facility will have a nameplate generating capacity of 471 megawatts (MW).
In 2021, Ørsted signed a power purchase agreement for some of the facility's power with Royal DSM (Heerlen, Netherlands), a health and nutrition company seeking to lower its greenhouse gas emissions. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here to learn more about the project.
Construction on another Ørsted solar farm in Texas is set to wrap up in the first half of this year. Work on the Sparta solar farm in Bee County kicked off in early 2021. The facility will use approximately 775,000 solar panels to achieve a nameplate generating capacity of 250 MW. Ørsted completed a 63-turbine, 268-MW windfarm a few miles from the solar site last summer. Subscribers can click here for the project report on the solar farm.
But Ørsted has made other moves in the U.S. power sector this month. Last week, the company announced that it would increase its stake in the Ocean Wind 1 offshore wind project, located about 15 miles off the coast of southern New Jersey. Ørsted has agreed to purchase the remaining 25% stake owned in the project by Public Service Enterprise Group Incorporated (NYSE:PEG) (Newark, New Jersey), increasing its stake in the project to 100%.
Plans for the project call for the installation of 92 turbines, each 12 MW, to achieve a nameplate generating capacity of 1,100 MW. U.S. offshore wind projects remain in their infancy, with development of large-scale projects just starting to emerge. Industrial Info estimates construction on the Ocean Wind 1 project could kick off late in 2024, taking about three years to complete. Subscribers can click here for more details.
Ørsted is currently at work on a smaller offshore project on the Outer Continental Shelf, off the Rhode Island coast. Construction on the South Fork offshore windfarm kicked off early last year and is expected to be completed later this year. The windfarm will use 15 turbines, each 8.6 MW, to generate about 130 MW. The energy will go to New York state. Subscribers can click here for the full report.
Onshore wind projects in Ørsted's U.S. portfolio include the Sunflower windfarm in Marion County, Kansas, construction of which recently kicked off. Engineering, procurement and construction contractor Wanzek Construction Incorporated (West Fargo, North Dakota) will erect 70 turbines, 2.5 MW, to achieve nameplate generation of 200 MW. Completion of the project is expected next summer. Subscribers can click here for more information.
Subscribers to Industrial Info's GMI Database can click here for a look at all of the reports for projects discussed in this article, and here for the related plant profiles.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 trillion (USD).
