The Latest Breaking News from Orsted

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 Danish company is behind many of the UK’s offshore wind farms but has struggled with rising costs in other countries.

Industry bosses to meet prime minister before government’s international investment summit next week

Opponents of offshore wind around the U.S. are pelting the projects with lawsuits, seeking to cancel them or tie them up for years in costly litigation

News follows scrapping of two other Atlantic windfarms and axing of hundreds of jobs as costs surge

In its lawsuit, X said an advertisers alliance conspired to withhold ‘billions of dollars’ in ad revenue from it.

Three events Wednesday highlighted the uneven progress of the offshore wind industry in the northeastern U.S. They include the start of the Sunrise Wind project in New York, research aimed at preventing environmental damage in New Jersey, and a temporary shutdown of a wind farm in Massachusetts after a broken…

The U.S. Interior Department has approved the proposed Atlantic Shores offshore wind farm in New Jersey

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