Orsted, the world's biggest offshore wind power developer, said on Thursday it expected core profit this year to be equal to, ...

with a sweeping executive order that could block not just new offshore wind farms in the Atlantic and Pacific Oceans but potentially many smaller wind farms on federal land and even on private ...

European wind shares fell on Tuesday after U.S. President Donald Trump axed support for new offshore wind power on his first day in office, adding to pain in an industry that had turned to the United ...

The logo for Orsted A/S can be seen on an employee’s jacket as he talks to journalists during a visit to the offshore wind farm near Nysted, Denmark, on Sept. 4, 2023. Photo: Reuters "The renewable ...

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. The company also flagged impairments on seabed leases ...

COPENHAGEN, Jan 20 (Reuters) - Offshore wind developer Orsted (ORSTED.CO), opens new tab on Monday posted an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...

Orsted recorded a 12.1 billion-krone ($1.7-billion) hit on its earnings as the costs of offshore wind farms, particularly in the U.S., keep rising. The setback is the latest in a long series of ...

Offshore wind companies have faced challenges including rising costs, supply chain issues and planning delays. President Donald Trump created further uncertainty by suspending offshore wind leases ...