Orsted said Sunrise Wind could be completed by 2026, if it’s awarded the latest state contract. Bids for the solicitation are due by the end of this month, and a decision on award winners could ...

Orsted, the world's largest offshore wind developer, said it would stop developing its 2,248-megawatt (MW) Ocean Wind 1 and 2 projects in New Jersey. Related impairments could amount to as much as ...

Orsted’s Sunrise Wind project, a 924-megawatt offshore wind farm in New York meant to power 600,000 homes, is expected to take longer than expected after the group took supply chain lessons from ...

Orsted ORSTED 0.78 % increase; green up pointing triangle guided for slightly higher earnings this year, a day after it slashed spending plans for the coming few years to shore up its balance sheet.

Orsted A/S has decided to go ahead with a major UK wind park, removing doubts over whether it could make the project financially viable as it works to bolster its balance sheet after one of its ...

Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said on Friday, as it seeks to arrest an 83% slump in ...

Orsted A/S will suspend dividend payments until at least 2025 and slash plans to build new projects this decade as part of a wide array of cost-cutting measures outlined by Chief Executive Officer ...

A huge foundation for an offshore wind turbine, called a monopile, sits atop wheeled movers in Paulsboro, N.J., Thursday, July 6, 2023. A tangle of litigation is delaying the start of New Jersey's ...

Orsted's offshore wind farm near Nysted, Denmark, on Sept. 4. (Tom Little/Reuters) Orsted’s announcement that it is suspending offshore wind projects in Maryland should cause Maryland’s ...

By WAYNE PARRY (Associated Press) OCEAN CITY, N.J. (AP) — The Danish wind energy company Orsted has put up a $100 million guarantee that it will build New Jersey’s first offshore wind farm.