Orsted , the world's biggest offshore wind power developer, said on Thursday it expected core profit this year to be equal to ...

The pullback reflects the trickle-down effect of a dramatic downturn in the U.S. offshore wind industry over the past two ...

Finance chief confirmed Danish developer plans to sell off stake this year in UK Hornsea 3 array, one of the world’s largest ...

Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts. By Stanley Reed Reporting from London Rasmus Errboe, the new chief executive ...

Danish offshore wind power giant Orsted said Thursday it would downsize investments as it reported a small net profit for ...

Danish energy company Orsted, a worldwide leader in offshore wind, has replaced its CEO, who began offshore wind projects in the United States that have mostly stalled.

Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...

Denmark's Orsted has decided to cut its 2030 investment program by 25%, the renewable energy firm said on Wednesday, as the ...

COPENHAGEN (Reuters) -Orsted, the world's biggest offshore wind power developer, said on Thursday it expected core profit this year to be equal to, or above 2024, a day after cutting investment ...

Newly appointed Orsted CEO Rasmus Errboe said, “With today’s announcement, we’re ready to build Baltica 2, a flagship project for offshore wind in Poland. We’re satisfied with the value ...

Denmark's struggling offshore wind power group Orsted said Friday it was replacing its CEO with his deputy as the sector faces an "increasingly challenging situation". Orsted said Mads Nipper ...