Mads Nipper, the CEO of Danish renewable energy company Orsted, is stepping down as pressure mounts following weak financial results and the return of President Donald Trump to office. He’ll be ...

The move comes as Orsted, the Denmark-based developer of Sunrise Wind, detailed a series of setbacks for the Long Island project that will push back its completion date by a year to mid-2027.

Orsted’s new CEO Rasmus Errboe has bought almost $83,000 worth of shares in the global renewable energy giant. Errboe – who took the top job at Orsted on 31 January after it parted company with former ...

Adding to the industry-wide gloom, Danish offshore wind developer Orsted revealed impairment charges that exceeded Wall Street analyst expectations. Shares of Orsted plunged as much as 18% in ...

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 plans for coming years ...