orsted

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

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

By Scott DiSavino and Nichola Groom Sept 18 (Reuters) – U.S. President Joe Biden’s plan to deploy 30,000 megawatts (MW)

(Bloomberg) — Orsted A/S said it’s prepared to walk away from projects in America unless the White House guarantees more support, highlighting the

(Bloomberg) — Orsted A/S shares plunged the most on record after the renewable energy company warned of impairments of as much as 16 billion Danish

The state of New Jersey has approved agreements with Ørsted for the development and sublease of up to 34 acres at the New Jersey Wind Port (NJWP), a

(Bloomberg) — Offshore wind projects are facing an economic crisis that erased billions of US dollars in planned spending this week — just as the world

LONDON, June 20 (Reuters) – BP BP.L and Orsted ORSTED.CO have resolved a dispute over an overlapping zone in the UK North

Danish energy company Ørsted has announced an agreement to acquire partner Eversource Energy’s 50 percent interest in a federal offshore wind lease area

By Josh Saul (Bloomberg) — Every morning, more than 600 workers clock in at the Louisiana shipyard where the Eco Edison, the first US-built vessel to

Ørsted, a leading Danish renewable energy company, has been awarded a 20-year contract by the Danish Energy Agency (DEA) for its carbon capture and storage

By William Mathis (Bloomberg) — European efforts to rapidly scale-up offshore wind farms to help cut dependence on Russian natural gas and reduce

By Naureen S. Malik (Bloomberg) — Rising demand to install offshore wind for zero-carbon electricity means the supply chain will need to triple before

By Will Mathis (Bloomberg) — Danish renewable energy developer Orsted A/S will spend more than $145 million to develop a

By Josh Saul (Bloomberg) — A drill as tall as a house stands on the blustery shore of the Atlantic Ocean, digging a tunnel deep under an exclusive New

Offshore wind developer Ørsted and North America’s Building and Trade Unions (NABTU) have agreed to a “historic” national project labor

Offshore wind developer Orsted is asking relevent authorities to establish ‘no-sail zone’ at some of its offshore wind farms after a catastrophic

Edison Chouest Offshore (ECO) has started building the first Jones Act-compliant wind farm service operations vessel (SOV) in the United States. The vessel,