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Friday, January 31, 2025
Wind turbines off of Block Island
Offshore

Orsted Replaces CEO as Offshore Wind Industry Struggles

Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said on Friday,

January 31, 2025
Total Views: 1079

Tuesday, December 10, 2024
Offshore

Denmark’s Auction Flop Reveals Cracks in Europe’s Offshore Wind Industry

Europe is starting to find the limit of a decades-long boom in offshore wind. It can be seen most acutely in the places that have been quickest to build

December 10, 2024
Total Views: 5077

Monday, November 25, 2024
Offshore

Orsted Said to Start Selling Stake in Huge UK Wind Farm

Orsted A/S has launched the sale of a stake in one of the world’s biggest wind farms planned off the UK coast, according to people familiar with the

November 25, 2024
Total Views: 1419

Monday, October 7, 2024
Offshore

Equinor Acquires Stake in Ørsted, Becoming Second-Largest Shareholder

Norwegian energy giant Equinor ASA has made a significant move in the renewable energy sector by acquiring a 9.8% stake in Ørsted A/S, a leading offshore wind

October 7, 2024
Total Views: 762

Tuesday, September 3, 2024
Offshore

Revolution Wind Installs First Offshore Wind Turbine, Marking Milestone for Rhode Island and Connecticut

Revolution Wind has successfully installed its first offshore wind turbine, marking a significant milestone for Rhode Island and Connecticut’s first

September 3, 2024
Total Views: 3304

Thursday, August 15, 2024
Offshore

Orsted Takes $500 Million Hit Led by Connecticut Wind Delay

(Bloomberg) — Orsted A/S booked an impairment of more than $500 million related to an offshore wind farm in the US and a canceled green hydrogen plant in

August 15, 2024
Total Views: 1873

Wednesday, July 17, 2024
Offshore

New York’s Largest Offshore Wind Project Begins Construction

New York Governor Kathy Hochul today announced the commencement of construction on New York’s largest offshore wind project, Sunrise Wind. Developed by

July 17, 2024
Total Views: 1146

Tuesday, June 4, 2024
Offshore

New York Finalizes Contracts for Two Massive Offshore Wind Projects

New York Governor Kathy Hochul announced the finalization of contracts for two major offshore wind projects, Empire Wind 1 and Sunrise Wind, as part of the

June 4, 2024
Total Views: 2067

Monday, May 13, 2024
ECO EDISON offshore wind service operations vessel (SOV) post-launch
Offshore

First U.S.-Built Offshore Wind Service Operations Vessel Launched

The first American-built, owned, and crewed offshore wind service operations vessel (SOV), the ECO EDISON, was launched over the weekend, marking a significant

May 13, 2024
Total Views: 2223

Monday, April 8, 2024
Shipping

Ørsted and Cadeler Sign Long-Term Lease for New Wind Farm Installation Vessel

Offshore wind developer Ørsted and Cadeler, a key supplier of offshore wind installation services, have entered into a long-term lease agreement for a

April 8, 2024
Total Views: 757

Thursday, March 14, 2024
Offshore

South Fork Wind Project Makes History as America’s First Utility-Scale Offshore Wind Farm

New York Governor Kathy Hochul has announced the completion of South Fork Wind, America’s first utility-scale offshore wind farm. With all 12 offshore

March 14, 2024
Total Views: 1223

Thursday, February 22, 2024
Offshore

Orsted Says US Offshore Wind Deals Protect Against Inflation Shocks

By Josh Saul (Bloomberg) — The head of Danish energy giant Orsted A/S says the US is an attractive place to build new offshore wind farms even after

February 22, 2024
Total Views: 1815

Wednesday, February 14, 2024
Offshore

Eversource to Sell Stakes U.S. Offshore Wind Projects for $1.1 Billion

Eversource Energy has announced a definitive agreement to sell its 50 percent ownership stake in two offshore wind projects off the U.S. Northeast to Global

February 14, 2024
Total Views: 1948

Wednesday, February 7, 2024
Offshore

Orsted Cuts Investment, Capacity Targets in Offshore Wind Revamp

COPENHAGEN, Feb 7 (Reuters) – Orsted, the world’s biggest offshore wind farm developer, trimmed its investment and capacity targets on

February 7, 2024
Total Views: 1027

Wednesday, December 20, 2023
Offshore

Ørsted Makes Final Investment Decision on World’s Largest Offshore Wind Farm

Danish energy company Ørsted has announced its final investment decision (FID) on Hornsea 3, the world’s largest single offshore wind farm. With a

December 20, 2023
Total Views: 6022

Monday, November 20, 2023
Offshore

Milestone: New York’s First Offshore Wind Turbine Installed

New York Governor Kathy Hochul announced today the successful installation of the first offshore wind turbine for the South Fork Wind project. The installation

November 20, 2023
Total Views: 3608

Monday, November 13, 2023
Offshore

Orsted Quits Norway Offshore Wind Projects

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

November 13, 2023
Total Views: 4375

Monday, November 6, 2023
Offshore

White House Remains Optimistic on Offshore Wind

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

November 6, 2023
Total Views: 1573

Friday, November 3, 2023
Offshore

Vessel Delay Sinks Orsted’s New Jersey Offshore Wind Projects

Orsted is attributing the cancellation of its Ocean Wind projects to factors including high inflation, rising interest rates and supply chain constraints,

November 3, 2023
Total Views: 3568

Wednesday, November 1, 2023
Offshore

Crisis in U.S. Offshore Wind Industry Escalates

(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

November 1, 2023
Total Views: 5255
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