Trump executive order delivers a blow to wind-energy industry; Orsted sees setbacks on Sunrise Wind
The Trump administration has delivered a potential body blow to the wind-energy industry with a sweeping executive order that ...
Orsted Replaces CEO as Wind Industry Faces Challenges
The company said it is parting ways with Mads Nipper as it grapples with supply-chain bottlenecks, high financing costs and ...
Orsted flags $1.7 bln impairment on Sunrise Wind delays, increased costs
Denmark's Orsted announced on Monday an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...
MarketWatch6d
This wind-power company just took a $1.7 billion write-down — and that excludes impact of Trump’s executive order
and a 4.3 billion kroner impairment on delayed commissioning and higher-than-expected project costs for Sunrise Wind, a project 30 miles east of Long Island’s Montauk Point. Steven Goldstein is ...
Crain's New York12d
NY offshore wind developers brace for billions in losses on heels of executive order
Developers behind New York’s offshore wind projects are grappling with the prospect of billions of dollars in potentially ...
Trump halt on offshore wind power leases hits European companies
Developers at leading U.S. AI firms are praising the DeepSeek AI models that have leapt into prominence while also trying to ...
Legit on MSN2d
Offshore wind power giant Orsted changes CEO
Denmark's struggling offshore wind power group Orsted said Friday it was replacing its CEO with his deputy as the sector ...
Orsted Shares Plunge on $1.7 Billion Impairment
Orsted’s full-year earnings landed within its guidance range despite a 1.69 billion impairment on higher costs at its Sunrise ...
European green energy companies hit by Trump's anti-wind policy
Investors jumped after U.S. President Donald Trump ended support for new U.S. offshore wind power on his first day in ...