World’s Top Offshore Wind Firm To Triple Capacity With $57 Billion Investment

Danish renewables company Ørsted, the biggest developer of offshore wind farms in the world, plans to invest the equivalent of over US$57 billion by 2027 as part of a new strategy to become a global green energy major. Ørsted, which currently has 12 gigawatts (GW) of installed renewable capacity around the world, plans to nearly triple that capacity to 50 GW by 2030, the company said on its Capital Markets Day on Wednesday. In order to support this build-out of renewable energy capacity, Ørsted plans to invest around US$57.46…