The company said it is parting ways with Mads Nipper as it grapples with supply-chain bottlenecks, high financing costs and ...

Denmark's Orsted announced on Monday an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...

The Trump administration has delivered a potential body blow to the wind-energy industry with a sweeping executive order that ...

Denmark's struggling offshore wind power group Orsted said Friday it was replacing its CEO with his deputy as the sector ...

Mads Nipper comments on $1.7bn in impairments from US offshore wind troubles but refuses to comment on impact of Trump decree ...

Orsted's shares plunge due to a surprise impairment charge and President Trump's executive order halting offshore wind ...

Developers at leading U.S. AI firms are praising the DeepSeek AI models that have leapt into prominence while also trying to ...

Analysts say Nipper was 'victim of circumstances,' not least Trump’s recent re-election in the US, but ultimately has himself to blame for ‘missteps’ that left investors repeatedly disappointed ...

Within hours of entering the White House on Monday, Trump announced ‘We are not going to do the wind thing,’ sending Orsted’s ...

Orsted ORSTED1.74%increase ... a $1.7 billion fourth-quarter impairment amid higher costs at its U.S. Sunrise Wind project and increased financing costs. The Danish renewable-energy company ...

Orsted is parting ways with Chief Executive ... financing costs and issues with some projects in the U.S. The Sunrise Wind project off the coast of New York faces supply-chain snags and ...

Orsted said Mads Nipper would step down as ... a decrease in the value of seabed leases off the US east coast and the delay of the Sunrise Wind project off New York state. "I'm looking forward ...