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
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
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
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
Revolution Wind has successfully installed its first offshore wind turbine, marking a significant milestone for Rhode Island and Connecticut’s first
(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
New York Governor Kathy Hochul today announced the commencement of construction on New York’s largest offshore wind project, Sunrise Wind. Developed by
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
The first American-built, owned, and crewed offshore wind service operations vessel (SOV), the ECO EDISON, was launched over the weekend, marking a significant
Offshore wind developer Ørsted and Cadeler, a key supplier of offshore wind installation services, have entered into a long-term lease agreement for a
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
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
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
COPENHAGEN, Feb 7 (Reuters) – Orsted, the world’s biggest offshore wind farm developer, trimmed its investment and capacity targets on
Danish energy company Ørsted has announced its final investment decision (FID) on Hornsea 3, the world’s largest single offshore wind farm. With a
New York Governor Kathy Hochul announced today the successful installation of the first offshore wind turbine for the South Fork Wind project. The installation
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
Orsted is attributing the cancellation of its Ocean Wind projects to factors including high inflation, rising interest rates and supply chain constraints,
(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
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