Norway’s Equinor Pledges Support to Keep Stake in Troubled Ørsted
Equinor has announced its support for Ørsted’s $9.39 billion rights issue, committing to maintain its 10% ownership stake in the Danish offshore wind
Equinor has announced its support for Ørsted’s $9.39 billion rights issue, committing to maintain its 10% ownership stake in the Danish offshore wind
Off the coast of southern China, a giant, double-headed turbine rises out from among its conventional counterparts, held up by a spiderweb of steel cables and
U.S. Transportation Secretary Sean P. Duffy has announced the withdrawal or termination of $679 million in funding previously allocated to 12 offshore wind
Mitsubishi Corp. will withdraw from three offshore wind projects in Japan, according to a person familiar with the matter, in a blow to the fledgling industry
Novocastrian Wind Pty Ltd has announced it will not proceed with the feasibility license offered by the Australian Government for its offshore wind farm
COPENHAGEN, Aug 25 (Reuters) – Shares in Orsted plunged 17% on Monday after the U.S. halted the Danish company’s Revolution Wind project off
Orsted A/S’s debt was downgraded by S&P Global Ratings to the lowest tier of investment grade, surprising some analysts days after the Danish wind turbine
Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help fund a U.S. project, after potential
An offshore wind auction in Germany ended without a single bid, showing that zero-subsidy contracts aren’t in demand with
By Eamon Akil Farhat and William Mathis (Bloomberg) — The Scottish government has given SSE Plc consent to build what would be the world’s
The Government of Canada and Nova Scotia have jointly designated the country’s first four offshore wind energy areas, marking a significant milestone in
Equinor has reported a significant impairment of $763 million related to its Empire Wind 1 offshore wind project and South Brooklyn Marine Terminal development
Bibby Marine has marked a significant milestone with the keel laying ceremony for its first e-CSOV (commissioning service operation vessel) at Armon Shipyard
Offshore wind installation specialist Cadeler has taken delivery of its newest jack-up vessel, Wind Keeper, ahead of schedule and simultaneously secured a
The New York State Public Service Commission has terminated its offshore wind transmission planning process due to stalled federal permitting, to protect
(Bloomberg) — GE Vernova Inc. will pay $10.5 million to the town of Nantucket, Massachusetts, after one of its offshore wind turbine blades broke into
Danish energy company Ørsted has successfully secured financial close on a TWD 90 billion (approximately USD 3 billion) project finance package for its 632 MW
(Bloomberg) — China has rebuilt a substantial pipeline of offshore wind projects as the sector recovers from a slowdown that followed the end of national
President Donald J. Trump signed an Executive Order on Monday aimed at eliminating subsidies for wind and solar energy in furtherance of the recently enacted
Copenhagen-based offshore wind installation specialist Cadeler A/S (NYSE: CDLR / OSE: CADLR) announced today that Ørsted A/S has terminated their long-term
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