Monday 8 February 2021

HIGHER-THAN-EXPECTED WIND SPEEDS HELP BOOST REVENUE FOR DANISH WINDFARM GIANT

     

These blades were made for turning - one of the Danish company's offshore turbines

DANISH wind energy company Ørsted, which has an important presence in Grimsby, has posted a 4 per cent profit increase year on year.

Although, like most companies, it has been hit by the pandemic, its revenues were boosted  by the ramp-up of power generation from Hornsea 1 - its windfarm off the Yorkshire Coast.

Also said to have been beneficial were higher-than-expected wind speeds during much of 2020.

Says company boss Mads Nipper: "Ørsted delivered a strong set of results in 2020, both operationally and financially. 

"Despite the challenges posed by COVID-19, our colleagues have done an outstanding job to keep our energy production assets fully operational at normal availability rates. 

"During 2020, we commissioned five new wind farms and managed to move our construction projects forward. 

"This demonstrates the resilience of our business model and the skills and spirit of our people.

"Safety continues to remain our key priority, and we continue to do our utmost to keep our colleagues safe across our locations."

Adds Mr Nipper: "I am grateful for the support and professionalism of our customers and partners.

"I am keenly aware that, only together, we can do great things and move towards our vision of a world that runs entirely on green energy.”

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