David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he ...

Shares of offshore wind developer Orsted rose 15% on Tuesday after the U.S. administration revoked an order to halt work on a ...

Orsted will no longer build a major offshore wind farm in Britain, it said on Wednesday, citing a deteriorating global ...

Orsted’s decision to halt its massive Hornsea 4 array dealt a body blow to the UK’s offshore wind ambitions this week, amid scepticism over its stated reasons for doing so and calls for the government ...

Orsted CEO Rasmus Errboe has set out why the value “simply wasn’t there anymore” for the huge Hornsea 4 offshore wind project, which the Danish developer has halted development of in a huge blow to ...

COPENHAGEN (Reuters) -Orsted will no longer build a major offshore wind farm in Britain, it said on Wednesday, citing a deteriorating global business environment for renewables and dealing a blow to ...

Orsted made the announcement while revealing a bigger than expected rise in first quarter profits despite increased headwinds facing its offshore wind interests. The Danish firm secured funding ...

Orsted AS (DNNGY) reported a solid operational performance with a group EBITDA increase of 18% compared to last year. The company successfully completed the 50% farm-down of two solar farms in the ...

Danish renewables firm Orsted said Wednesday it was shelving plans to build a massive wind farm off the UK coast due to rising costs, dealing a setback to Britain's clean energy goals. The 2,400 ...

Orsted’s core earnings, or EBITDA excluding new partnerships and cancellation fees, rose by 14% from a year earlier to $1.31 billion. Orsted confirmed its full-year EBITDA and investment ...

Orsted A/S canceled plans for a huge offshore wind farm in the UK, a significant blow to the nation’s plans to boost the clean energy source in the coming years. It’s the latest setback for ...

Orsted has paused the planned development of the 2.4GW Hornsea 4 offshore wind farm, citing increased supply chain costs, higher interest rates and rising operational risks. Orsted confirmed the ...