LONDON, GREATER LONDON, UNITED KINGDOM, June 13, 2025 / EINPresswire.com / -- The offshore wind turbine installation vessel market size has catapulted in growth over the last few years. The market is ...

The global floating wind industry got a welcome shot in the arm as Japan finally passed a law opening for development the vast waters of its exclusive economic zone (EEZ). The Diet, the country's ...

Gene Munster, Deepwater Asset Management managing partner, joins 'Closing Bell' to discuss the AI tech trade and his outlook for the sector.

With just over two years before Deepwater Wind’s $2 billion, 15-turbine wind farm is scheduled to be producing energy for the South Fork, elements of the project continue to rile and divide ...

Danish wind energy giant Orsted completed its previously announced takeover of Deepwater Wind from D.E. Shaw group in a deal… Sunday, June 1, 2025.

Though offshore wind is becoming increasingly important in Europe, with many hundreds-of-megawatts projects in service, the sector has stagnated in the U.S., with no operational facilities—and ...

Rhode Island-based Deepwater Wind was founded in 2005 to develop and operate an offshore wind farm in the U.S., the 30-megawatt (MW) Block Island facility.

Orsted, the Danish firm considered a world leader in offshore wind development, signaled U.S. market growth potential with its announced intention on Oct. 8 to buy Deepwater Wind, which has built ...

A merger of two of the major players in the competition to build more wind farms off the southern New England coast has more positives for Connecticut, according to environmentalists, labor ...

Deepwater Wind was owned by the D.E. Shaw Group, which agreed to the deal. "With this transaction we’re creating the number one offshore wind platform in North America, ...

According to The New York Times, Ørsted paid Deepwater Wind's owner, hedge fund D.E. Shaw Group, $510 million to acquire the firm.Deepwater Wind will become Orsted US Offshore Wind, the Times writes.

An offshore wind developer based in Rhode Island is being acquired by the Danish offshore wind company, Orsted. Providence-based Deepwater Wind announced Monday that Orsted has entered into an ...