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Offshore wind farm. Orsted

To save the world from climate catastrophe, the world needs to urgently phase out the use of fossil fuels.

On Wednesday, Danish energy company Orsted announced a major investment program as it seeks to become one of the "renewable majors" leading a global shift away from planet-warming fuels, Reuters reported.

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Offshore construction has kicked off at what will become the world's largest offshore wind farm, the Hornsea Project One.

The first of 174 monopiles, or foundations for offshore wind turbines, has been installed at the site, located off the Yorkshire coast in the United Kingdom.

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