Orsted, a Danmark-based power company, intends to infuse 200 billion Danish crowns ($30.26 billion) in green energy amid 2019 and 2025.
Orsted said that offshore wind projects will get 75 to 85 percent of the total infusion while onshore commitments will get the rest 15 to 20 percent. Bioenergy and customer solutions will comprise 0 to 5 percent of the spending.
The company aims to boost its share of green energy production to 99 percent by 2025, up from 64 percent in 2017.
Orsted also said that towards 2030, it's strategic plan is to reach an installed capacity of more than 30 gigawatts, provided that the build-out creates value for its shareholders.