Orsted A/S said it’s prepared to walk away from US projects unless the White House guarantees more support, highlighting the myriad challenges facing wind-energy developers in the country. The ...

Danish wind developer Orsted is halting the development of two massive New Jersey offshore wind projects due to cascading economic pressures, including skyrocketing interest rates and a supply ...

Mads Nipper to step down as CEO Deputy CEO Errboe takes the helm with immediate effect Shares are down 83% from 2021 peak Orsted has been hit by soaring costs and impairments COPENHAGEN ...

Orsted’s second-quarter net loss unexpectedly widened after it booked hefty impairments on wind and synthetic fuel projects. The Danish renewable-energy company said Thursday that it booked ...

Orsted booked a 28.4 billion Danish kroner ($4.02 billion) impairment charge in the third quarter related to its U.S. offshore wind portfolio and said it will stop development of two wind farm ...

Orsted, the global wind energy developer, says its first offshore wind farm in New Jersey will be delayed until 2026 due to supply chain issues, higher interest rates, and a failure so far to ...

In a report released on January 20, Ahmed Farman from Jefferies maintained a Hold rating on Orsted (DOGEF – Research Report), with a price target of DKK370.00. Ahmed Farman has given his Hold ...

Orsted A/S shares touched the highest since August last year — when the Danish wind giant warned of a $2.3 billion hit to its US portfolio — highlighting how the company is recovering from the ...

Orsted CEO Rasmus Errboe has set out why the value “simply wasn’t there anymore” for the huge Hornsea 4 offshore wind project, which the Danish developer has halted development of in a huge blow to ...

OSLO/LONDON, June 8 (Reuters) - Renewable energy group Orsted (ORSTED.CO), opens new tab will invest 475 billion Danish crowns ($68 billion) to achieve a 2030 goal to install 50 gigawatts (GW ...

ATLANTIC CITY, N.J. (AP) — Orsted, the Danish wind energy developer, will become the sole owner of the first offshore wind farm planned for New Jersey. The company said Wednesday that it has ...