Wind will launch its U.S. innovation hub in Providence

Wind, a division of the Denmark-based Ørsted, will launch its U.S. innovation hub in Providence on Monday. Ørsted employees will meet at the hub with U.S.-based startups and small companies to discuss early-stage technologies to address issues the industry faces.

Ørsted bought Providence-based Deepwater Wind in 2018. Deepwater Wind began operating the first U.S. offshore wind farm off of Block Island, Rhode Island, in late 2016. The U.S. operations for Ørsted are jointly headquartered in Providence and Boston.

Ørsted has federal lease areas in the Northeast and in the mid-Atlantic, where a total of six wind farms are in development. The Northeast wind farms are joint ventures with Eversource.

The hub will serve as the first point of contact for U.S. companies interested in contracting with Ørsted. Morrissey said the goal is to make it easy for companies to make a pitch, get clear information and perhaps contracts. 

The Danish parent company employs about 6,500 people and reported revenue for the group at 9.1 billion euros.

Ørsted considered locating the hub in Boston or Cambridge, but Providence was the clear choice.

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