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June 09,2023

Ørsted's $68 Billion investment targeting 50GW RE portfolio by 2030.

Ørsted, a Danish RE group, plans to invest $68b to install 50GW of power by 2030. The group currently operates 15.5GW of renewable energy projects, with an additional 4.9GW under construction and a pipeline of 10.6GW. They are also making adjustments to their 1.1GW offshore wind project and 2 others, which may experience delays or utilize different technologies compared to the original timeline.

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