World’s biggest offshore wind developer Ørsted slashes investment by 25%
The world’s largest offshore wind developer said it would cut planned investment to 2030 by 25 per cent, less than a week ...
NJ offshore wind industry threatened by economic uncertainty, 2024 presidential election
Can New Jersey's offshore wind industry survive another year of high interest rates, lawsuits and supply chain bottlenecks?
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Ørsted cuts 2030 investment programme 25% due to rising costs
Danish energy company Ørsted has announced a 25% reduction in its investment programme up to 2030, despite the company's full ...
Ørsted says cutting 2030 spending plan by 25%
Ørsted said it is cutting its investment program to 2030 by 25%, as the offshore wind industry struggles with rising costs ...
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Expensive Offshore Wind Is in Trouble
President Trump’s executive order on offshore wind, “Temporary Withdrawal of All Areas on the Outer Continental Shelf from ...
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Oersted A/S Highlights Optimism in Offshore Wind Prospects
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 ...
Business Wire8d
Cadeler Further Strengthens Its Position in the Polish Offshore Wind Market With the Signing of a New Vessel Reservation Agreement
Cadeler announces the signing of a Vessel Reservation Agreement (VRA) with Ocean Winds for the installation of the wind ...
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Ørsted cuts 2030 investment programme 25% due to rising costs
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.