New Jersey Governor Phil Murphy has announced that a settlement was reached between state agencies and Danish offshore wind developer Ørsted over two cancelled offshore wind projects in the state. Ørsted said last October that […]
Cadeler Denmark-based Cadeler has inked a firm long-term vessel deal with compatriot utility Ørsted for one of its wind farm installation newbuilds. Under the agreement, the BW Group and Scorpio-backed shipowner will provide Ørsted with […]
Daily Standup Weekly Top Stories Orsted’s strategic shake-up has investors worried February 4, 2024 Stu Turley Wind firm Orsted will present its new strategy on Wednesday Company faces dilemma of cutting targets or raising capital Cutting […]
Ørsted Danish offshore wind giant Ørsted is cutting jobs and exiting several markets after a “substantially challenging” 12 months and massive impairments and additional costs related to its US offshore projects. Ørsted said Wednesday it […]
Daily Standup Top Stories Wind Farms Are Overstating Their Output — And Consumers Are Paying For It February 3, 2024 Stu Turley Dozens of British wind farms run by some of Europe’s largest energy companies have […]
Wind firm Orsted will present its new strategy on Wednesday Company faces dilemma of cutting targets or raising capital Cutting dividend, asset sales could restore confidence -analysts COPENHAGEN, Feb 2 (Reuters) – Orsted (ORSTED.CO), opens new […]
Ørsted Danish renewable energy developer Ørsted has changed its plans for the 966-MW Skipjack Wind project off the coast of Maryland in the US. The company claimed that financial incentives provided by Maryland were no […]
A power grid operator that serves millions of Americans across the mid-Atlantic is warning that a planned coal-fired power plant shutdown will severely threaten electricity supplies and occur before new power sources come online. PJM Interconnection […]
By Charles Kennedy of OilPrice.com Danish offshore wind developer Orsted has officially withdrawn from a consortium set to bid on Norwegian offshore wind projects just days after pulling out of two U.S. offshore wind projects, Reuters reports, […]
Daily Standup Top Stories Berkshire Cash Pile Hits All-Time High $157 Billion, As Buffett Sells A Record $38BN In Stock In Past Year November 5, 2023 Allen Santos Over the years, Warren Buffett has been opportunistic […]
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