The world’s largest offshore wind developer said it would cut planned investment to 2030 by 25 per cent, less than a week ...

Ørsted said it is cutting its investment program to 2030 by 25%, as the offshore wind industry struggles with rising costs ...

CEO Rasmus Errboe outlined a strategic shift to prioritize offshore wind projects in regions with favorable frameworks, while reducing long-term investment plans by 25%. He noted this disciplined ...

President Trump’s executive order on offshore wind, “Temporary Withdrawal of All Areas on the Outer Continental Shelf from ...

Oersted A/S executives express optimism about offshore wind development in Poland and Denmark. The CEO reiterates belief in its long-term attractiveness, while the CFO discusses having financial ...

Ørsted has announced a 25% reduction in its investment programme up to 2030, despite the company's full-year results meeting expectations.

Ørsted’s board of directors has approved significant adjustments to the company’s business plan and what it described as ...

Can New Jersey's offshore wind industry survive another year of high interest rates, lawsuits and supply chain bottlenecks?

Mads Nipper, who has led multinational energy giant Ørsted since January 2021, will be replaced by Rasmus Errboe, the current ...

The company attributed the decision to challenges faced in the wider renewable industry, particularly the US offshore wind portfolio, which exerted additional pressure on credit metrics.

The project will be built, owned and operated in a 50/50 partnership between Ørsted and Polska Grupa Energetyczna.