EnergyWatch

Ørsted, CIP prepare for historic showdown against oil majors

Stiff competition lies ahead for the coming half year as solicitations are held for offshore wind capacity equating to the current global total. Ørsted and CIP face a challenging period of tender prices probably hitting record lows.

Photo: Ørsted

The coming half year will kick off a global tender war on the high seas of hitherto unseen dimensions as the world's green energy giants clash in battles to win a series of new offshore wind projects.

Players like Ørsted and Copenhagen Infrastructure Partners (CIP) thus enter a time when the mettle of their business models will be tested like never before.

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