Orsted, Offshore wind power

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 faces an "increasingly challenging situation"."The impacts on our business of the increasingly challenging situation in the offshore wind industry,
Trump orders suspension of new offshore wind power leasing
President Donald Trump suspended new federal offshore wind leasing pending an environmental and economic review, saying wind mills are ugly, expensive and harm wildlife.
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 President Trump’s opposition to wind power.
Orsted CEO Steps Down After Failing to Turn Around Wind Firm
Mads Nipper will step down as chief executive officer of Danish wind developer Orsted A/S after a series of significant writedowns over the past few years.
Orsted replaces CEO as offshore wind industry struggles
Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said on Friday, as it seeks to arrest an 83% slump in its share price since its 2021 peak.
Wind farm giant Orsted’s chief executive quits
The Danish company is behind many of the UK’s offshore wind farms but has struggled with rising costs in other countries.
Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off
Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's ...
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Poland breaks ground on massive offshore wind power project
The project is estimated at 30 billion zlotys ($7.4 billion) and is a key part of Poland's energy transition strategy. The ...
Maryland offshore wind project at risk after President Trump's executive order
BALTIMORE -- An executive order issued by President Trump could threaten an offshore wind project in Maryland. The measure ...
Energy Central2h
First offshore wind production by 2028 ‘doable' if all goes well
Danish technical consultancy firm K2 Management (K2M). “The 2028 completion of the first offshore wind sounds aggressive but it is also doable, but that does require all the stakeholders to closely ...
Santa Rosa Press Democrat6d
President Trump’s order won’t halt California’s offshore wind leases. But will it derail the industry?
The president’s order has no immediate effect on offshore wind leases already authorized, including two large areas off ...
Atlantic Shores Offshore Wind says it remains committed to NJ, despite Shell announcement
The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its involvement.
Maine’s offshore wind ambitions: Big ideas tempered by setbacks and competition
Maine’s formal interest in developing ocean wind energy dates back to 2008, when former Gov. John Baldacci created an Ocean Energy Task Force to devise a strategy.
Energy Central2h
UK Unveils Measures to Fast-Track 16 GW of Offshore Wind
Customize Consent Preferences According to the UK government, ministers are streamlining the consenting process to accelerate ...
USA Today9d
Trump order puts chill on offshore wind. What does that mean for Massachusetts projects?
Trump backed up his pledge to throw up barriers to offshore wind power by immediately withdrawing "from disposition for ...
Power Technology2h
Atlantic Shores commits to New Jersey wind project despite Shell’s write-off
Atlantic Shores has committed to deliver New Jersey’s first offshore wind project despite Shell’s $1bn write-off related to ...
Why lowering electricity costs so complicated in CT. ‘A myriad of challenges’
I think we’re trying to make the best of a situation that has little room to maneuver,” said state Sen. Norm Needleman, who ...