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

Orsted was in the fossil fuels business as "Danish Oil and Natural Gas" for much of its lifetime. It's renewable energy pivot is hurting in the U.S. now.

Companies that committed to investments in U.S. offshore wind infrastructure and supply chains are scrapping their plans as ...

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.

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

It is unclear whether offshore wind is completely dead in New Jersey, but it appears projects will not move forward anytime ...

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

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 ...

Orsted A/S cut its investment plans by 25% through 2030 as the struggling offshore wind giant seeks to put its finances on a healthy footing after a series of costly missteps in recent years.

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 ...

The renewable energy group cut its investment program to 2030 by 25% despite posting full-year results it said were in line ...

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 ...