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Cape May County has successfully concluded state and federal litigation concerning the now-defunct Ocean Wind One offshore wind project by Danish energy company Orsted. In October 2023 ...
Financial impact assessments submitted by Orsted and Equinor provide clearest picture yet of impact wind wakes could have on offshore wind developers and projects Orsted and Equinor estimate that wake ...
Plaintiffs suing the US government over its approval of Orsted's Revolution Wind confirmed to Recharge that Trump's Department of Justice (DoJ) declined to support the developer in its move to dismiss ...
The move comes as Orsted, the Denmark-based developer of Sunrise Wind, detailed a series of setbacks for the Long Island project that will push back its completion date by a year to mid-2027.
In mid-2023, Orsted put the latest Taiwanese financing on hold because of the planned divestment of a 50% stake in the 583MW Greater Changhua 4 project. The loan finances the construction of the wind ...
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Orsted Shares Plunge on $1.7 Billion ImpairmentOrsted shares sank to the bottom of the Stoxx Europe 600 index Tuesday after the company announced a $1.7 billion fourth-quarter impairment amid higher costs at its U.S. Sunrise Wind project and ...
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