offshore wind

By Rachel Morison and Priscila Azevedo Rocha (Bloomberg) — Orsted A/S has withdrawn from a partnership developing offshore wind projects in Norway as

By Valerie Volcovici WASHINGTON, Nov 6 (Reuters) – Denmark’s Orsted is still “committed” to

By Leslie Kaufman (Bloomberg) — The cancellation this week of two major wind projects off the coast of New Jersey effectively sinks President Joe

(Bloomberg) — The crisis engulfing the US offshore wind industry escalated as Orsted A/S and BP Plc became the latest developers to take large writedowns

Nov 1 (Reuters) – Renewable energy firm Orsted on Wednesday halted the development of two U.S. offshore wind projects and said

Oct 31 (Reuters) – Energy giants BP and Norway’s Equinor have booked hundreds of millions of dollars worth of impairments on their

(Bloomberg) — As the German government scrambles to prop up Siemens Energy AG, another major European wind firm faces its own moment of truth after

OSLO, Oct 27 (Reuters) – Norway’s Equinor booked a $300 million impairment on its U.S. offshore wind power portfolio on Friday after New York

By Jennifer A. Dlouhy (Bloomberg) — Nearly 3 gigawatts of offshore wind capacity could be imperiled if the US government imposes a 20-kilometer

Oct 24 (Reuters) – New York officials on Tuesday said the state has awarded conditional contracts to three offshore wind projects as

By Scott DiSavino Oct 19 (Reuters) – Developers in the U.S. offshore wind industry will likely cancel some power sales contracts in New York after

By Will Wade and Jennifer A Dlouhy (Bloomberg) — When President Joe Biden in 2021 laid out a target of deploying 30 gigawatts of offshore wind

By Todd Gillespie and Allegra Catelli (Bloomberg) — Orsted A/S shares dropped to a six-year low after New York regulators rejected a cost adjustment for

(Bloomberg) — The US should direct more study of how offshore wind farms affect water flows and a food source for critically endangered whales near the

By Will Wade (Bloomberg) –Offshore wind developers are reevaluating some New York projects after regulators rejected higher rates by Equinor ASA, Orsted

The New York State Public Service Commission (Commission) has rejected petitions filed by offshore wind developers and a renewable energy trade association,

Norwegian energy major Equinor has announced the first power production from the world’s largest offshore wind farm, Dogger Bank. The offshore wind farm

Oct 4 (Reuters) – Three U.S. states in New England – Massachusetts, Rhode Island and Connecticut – on Wednesday agreed to jointly

VARD has joined forces with Chartwell Marine to unveil a new type of offshore wind vessel called the “Midi-SOV.” The 55-meter-long vessel bridges the gap

LONDON, Sept 28 (Reuters) – A perfect storm of supply chain delays, design flaws and higher costs in the offshore wind industry has