DONG Energy

LEGO Group has taken a giant step towards meeting its renewable energy goals after parent company KIRKBI A/S said it will invest in an offshore wind development.

DONG Energy and partners SSE and OPW have officially opened what they are calling the largest offshore wind farm in the world.

Danish power company DONG Energy says it will sell 50% of its Anholt offshore wind farm -- now under construction 13 miles off the northeastern coast of the Jutland Peninsula -- for DKK6 billion ($1.13 billion) to pension fund investors PensionDanmark (30%) and PKA (20%).  With a capacity of 400 megawatts (MW), Anholt will be the largest wind farm offshore Denmark when completed in late 2013.

Denmark, the world's benchmark for wind energy, is beginning to turn away from the wind industry amid political backlash.

For thrity years Denmark has been the world example for wind power.  The small country boasts the most wind turbines per capita, is home to the world's largest wind turbine manufacturer, and generates one-fifth of its power from windmills.

If a partnership is successful, why not build upon it?  It appears this line of thinking propelled the creation of Siemens Energy (NYSE:SI) and DONG Energy's latest offshore wind supply agreement.

Inbicon, a subsidiary of DONG Energy, has opened up the largest cellulosic biofuel demonstration plant in Europe.

Danish utility company, DONG Energy --in the past more known for its oil pursuits--brought its Horns Rev 2 offshore wind farm online this last week.

DONG Energy, one of the world's leading offshore wind developers has awarded Siemens a $2.55 billion supply contract. 

The contract calls for the construction of 500 wind turbines for DONG's new offshore wind farms in Northern Europe.  Over 60% of DONG Energy's capacity results from offshore wind farms in Northern Europe.