Ørsted A/S (OTCMKTS:DNNGY) is a Denmark-based renewable energy company that specializes in the development, construction and operation of offshore wind farms. Formerly known as DONG Energy until its rebranding in 2017 to honor Danish scientist Hans Christian Ørsted, the company has grown into a global leader in offshore wind power and green energy solutions.
The company’s core activities include the full lifecycle management of offshore wind projects, encompassing site identification, engineering, turbine installation and long-term operations and maintenance. In addition to offshore wind, Ørsted has expanded its portfolio to include onshore wind, solar photovoltaic parks, bioenergy facilities, energy storage systems and green hydrogen production, providing integrated renewable energy offerings.
Ørsted’s projects span Europe, North America and the Asia-Pacific region, with major installations off the coasts of the United Kingdom, Germany, Taiwan and the eastern United States. The company leverages strategic partnerships and proprietary technologies to enhance project efficiency and grid integration, serving utilities, industrial clients and public-sector partners.
Headquartered in Fredericia, Denmark, Ørsted employs a workforce of specialists in engineering, project management and environmental sciences. The company has set ambitious sustainability targets, aiming to achieve carbon neutrality in its energy generation by 2025 and across its entire value chain by 2040, reinforcing its commitment to the global energy transition.
AI Generated. May Contain Errors.