MIT Technology Review: Ørsted among 15 climate tech companies to watch
MIT Technology Review – the independent media company founded by the Massachusetts Institute of Technology (MIT) in 1899 – has included Ørsted on its new list of 15 climate tech companies to watch. The list, which was premiered today at this year’s ClimateTech conference on MIT’s campus, highlights start-ups and established businesses that could have the greatest potential to substantially reduce greenhouse gas emissions or otherwise address the threats of climate change.
According to MIT Technology Review, “former fossil-fuel company Ørsted has reinvented itself as a renewables powerhouse. The company is leading the charge into a clean energy future by building massive offshore wind farms in Europe and installing some of the first turbines in US waters”.
Among the executives to speak at the CleanTech conference was Varun Sivaram, Senior Vice President and Head of Strategy, Innovation, Portfolio, Partnerships & M&A at Ørsted.
“I’m incredibly proud that Ørsted is recognised as a climate tech leader by MIT Technology Review, which is known around the world for its compilations of leading technology advances and innovators,” said Varun Sivaram, continuing: “Innovation is key to leading the world toward a future powered entirely by green energy. As a world leader in renewable energy, Ørsted has helped identify and deploy innovative solutions within the energy sector for more than two decades, and we’re more ambitious than ever to push for the next technology breakthroughs that can help solve the climate crisis.”
Ørsted's scientists and engineers are advancing research, development, demonstration, and deployment of advanced technology projects with the aim of integrating even higher shares of renewables into the global energy system and decarbonising the world economy. Examples include the following:
Last year, Ørsted was included on the TIME 100 most influential companies list for bringing offshore wind to the US.