Finance chief confirmed Danish developer plans to sell off stake this year in UK Hornsea 3 array, one of the world’s largest ...

Danish offshore wind power giant Orsted said Thursday it would downsize investments as it reported a small net profit for ...

The president-elect last week derided wind-energy turbines as little more than "garbage in a field," while vowing to undo recently enacted oil and gas offshore drilling bans.

Developers behind New York’s offshore wind projects are grappling with the prospect of billions of dollars in potentially lost value for renewable energy farms off the coast of Long Island. The ...

The suspension of offshore wind leasing by incoming US President Donald Trump has significantly impacted European wind power companies. On the first day of his second term in office, Trump halted new ...

Danish offshore wind giant Orsted faced a fresh stock market hammering on Tuesday after the group announced a new billion-dollar impairment charge on the same day its foe Donald Trump ascended to the ...

A delay and higher costs for Orsted's Sunrise Wind project, which once completed is expected to be the largest U.S. offshore wind farm, were the main reason for the share price plunge, analysts said.

Maine, meanwhile, is mired in a long-running debate over where to develop an offshore wind port — Mack Point, an existing ...

The financial hit stems from a variety of issues including rising interest rates and higher costs to deliver its Sunrise ... wind. The company constructed the world’s first offshore wind farm ...