Danish utility Orsted had set ambitious new investment and strategic targets to cement its global lead in offshore wind, and also become a major player in renewable energy in North America.

The company during its capital markets day in Copenhagen today has pledged to invest DKr200bn ($23.3bn) through 2025, and has raised its offshore ambition to 15GW by that date, up from an earlier target of 11-12GW by 2025.