ORSTED WILL WORK WITH SOUTH KOREAN STEEL GIANT

Highlights:

• Orsted, energy firm Denmark, has signed a memorandum of understanding (MoU) with South Korean steel giant POSCO to focus on offshore wind and renewable hydrogen.
• Major steel producer POSCO and its affiliates would support the development o...

Orsted revealed plans for a new offshore wind capacity of 5GW

Orsted, a power company based in Denmark, has reportedly revealed plans for a new offshore wind capacity of 5GW that would connect Denmark, Germany, Sweden and Poland, making it the world's first energy island in the Baltic Sea.

The offshore wind pacemaker wants to ...