Potential offtaker

Orsted A/S


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Countries of production presence


Orsted A/S is a Danish company that operates in the wind energy sector, with a focus on decarbonisation and renewable energy. The company is a global leader in offshore wind energy and has been at the forefront of the industry for over 25 years. Orsted A/S has a strong commitment to sustainability and is dedicated to reducing carbon emissions through the development of renewable energy solutions.

The company was founded in 1972 as Dansk Naturgas A/S and was primarily involved in the exploration and production of natural gas. However, in the early 2000s, the company began to shift its focus towards renewable energy, and in 2006, it changed its name to Orsted A/S in honor of the Danish scientist, Hans Christian Orsted, who discovered electromagnetism.

Orsted A/S has a diverse portfolio of wind energy projects, including onshore and offshore wind farms, and has a presence in several countries around the world, including the UK, Germany, Taiwan, and the US. The company's offshore wind farms are among the largest and most advanced in the world, and it is continually investing in new technologies to improve the efficiency and effectiveness of its wind energy operations.

One of the key areas of focus for Orsted A/S is decarbonisation, and the company is committed to reducing carbon emissions through the development of renewable energy solutions. The company has set a target to become carbon neutral by 2025 and is working towards this goal through a range of initiatives, including the development of offshore wind farms, the use of corporate power purchase agreements (PPAs), and the implementation of energy efficiency measures.

Corporate energy is another area of focus for Orsted A/S, and the company is committed to helping businesses reduce their carbon footprint through the use of renewable energy solutions. The company offers a range of corporate energy services, including the provision of renewable energy certificates, the development of on-site renewable energy solutions, and the use of corporate PPAs.

Corporate PPAs are an important part of Orsted A/S's renewable energy strategy, and the company has been at the forefront of the development of this market. A corporate PPA is an agreement between a renewable energy provider and a business, whereby the business agrees to purchase a certain amount of renewable energy from the provider over a set period of time. This provides a stable source of revenue for the renewable energy provider and allows the business to reduce its carbon footprint by using renewable energy.

Orsted A/S has been involved in several high-profile corporate PPA deals, including a 15-year agreement with Facebook to supply renewable energy to its data centers in Denmark, and a 20-year agreement with Taiwanese semiconductor manufacturer TSMC to supply renewable energy to its operations in Taiwan.

Renewable energy is at the core of Orsted A/S's business, and the company is committed to driving the transition to a low-carbon economy. The company's wind energy projects are helping to reduce carbon emissions and provide a sustainable source of energy for businesses and communities around the world. With a strong focus on decarbonisation, corporate energy, corporate PPAs, and renewable energy, Orsted A/S is well-positioned to lead the way in the transition to a sustainable future.

✓ Science Based Targets member
✓ Declared Net Zero commitment