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.
President Trump's policies create uncertainty for the U.S. wind energy sector, as his administration prioritizes fossil fuels ...
Seaway7 has selected US-based Helix Robotics Solutions to supply inter-array cables at Ørsted's Hornsea 3 offshore wind farm.
On his first day in the Oval Office, President Donald Trump signed an executive order that attempts to slow the growth in the ...
Ørsted, the world's largest offshore wind developer, has announced it is slashing investment in offshore wind by 25%.
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.
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.
With Monday’s confirmation of energy executive Chris Wright to serve as secretary of Energy, President Donald Trump now has ...
CEO and group president Mads Nipper has been replaced by the company just ahead of the release of the company's 2024 annual ...
The company said it is parting ways with Mads Nipper as it grapples with supply-chain bottlenecks, high financing costs and President Trump’s opposition to wind power.
Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds." ...
Orsted, which operates 12 wind farms in the UK, said Mads Nipper will be replaced by deputy Rasmus Errboe today. Nipper took charge in January 2021. Under his watch, a share price fall has seen ...