Mubadala consortium injects $325m into Orsted’s UK offshore wind farm
Ørsted said it expects to deliver 2.9GW of capacity and provide power for more than 3.3 million homes…
Orsted Q1 profit beats forecasts as it pivots away from US market
He reiterated that the war in the Middle East underlined the need for Europe’s energy transition and independence…
Orsted shares jump after court clears Revolution Wind restart
The ruling significantly reduces the risk of a complete cancellation of Revolution Wind. This would have inflicted losses…
Wind farm backers complain over plan to squeeze subsidies
Wind and solar developers have criticised the Government’s decision to squeeze subsidies by shifting their payments to a…
Revolution Wind begins power delivery to New England
Revolution Wind has started supplying electricity to the New England regional grid from its offshore site. The 704…
Nippon Steel to provide steel for Vestas wind projects
Nippon Steel signed a cooperation memorandum with Denmark’s wind turbine maker Vestas Wind Systems on Wednesday to supply…
Technip CEO admits floating wind demand far below expectations
Demand for floating wind turbines is much lower than imagined only three to five years ago, Technip Energies…
Orsted retreats from onshore wind to plug financial gaps
Completes divestment programme, pivots to offshore Europe Together with previously announced deals including the divestment of a 50…
Orsted cuts debt faster than expected as US projects stall
The world’s biggest developer and operator of offshore wind farms reiterated guidance that core earnings for 2026 would…
EU, Australia to Meet in Brussels to Pursue Free Trade Deal (2)
Australia’s trade minister is set to travel to Brussels for talks with European Union officials to try and…