Ørsted Opens US Innovation Hub

Business & Finance

Offshore wind major Ørsted has opened a United States Innovation Hub in Providence, Rhode Island as part of its commitment to building an offshore wind industry supply chain in the US.

With its seven work stations at Providence’s CIC workspace, the Innovation Hub will serve as the physical location for the Hub team as they investigate US-based companies interested in deploying next-generation technologies to advance offshore wind deployment.

The purpose of this team will be to identify, foster, and, where appropriate, finance enterprises related to offshore wind, with a focus on next-generation technology and related innovation in the offshore wind energy field.

The Innovation Hub team will be Ørsted’s first point of contact for any US technology companies interested in contracting with Ørsted Offshore.

On a bi-monthly basis, the Innovation Hub will host open door days for established companies and start-ups to present their technologies and test solutions.

On top of this, the team will host quarterly pitch days where a pre-qualified set of startups will pitch their possible solutions to Ørsted.