Orsted Funding Gap Puts Credit Rating at Risk, Jefferies Says
Danish wind developer Orsted A/S is facing a steep balance sheet gap even after abandoning some of its
2023-11-16 16:51
Orsted CEO Ousts Top Executives After $4 Billion Impairment
Orsted A/S’s chief Mads Nipper dismissed two top executives as the company fights to recover from huge writedowns
2023-11-14 17:55
Orsted Quits Norway Offshore Wind as Cost Crisis Deepens
Orsted A/S has withdrawn from a partnership developing offshore wind projects in Norway as the company grapples with
2023-11-14 00:55
Plug Power Shares Tank Most in a Decade on Hydrogen Crunch
Hydrogen producer Plug Power Inc.’s shares fell as much as 45% Friday, the biggest intraday decline since 2013,
2023-11-11 01:48
Macquarie CEO Says Wind Industry Still ‘Viable’ After Major Selloff
The embattled wind industry remains economically viable even as higher costs and tougher markets drag down the world’s
2023-11-10 15:58
UK Prepares to Hike Wind Farm Prices as Developers Struggle
The UK government is preparing to offer significantly higher subsidies for new offshore wind farms to get the
2023-11-10 01:29
European Stocks Rise Ahead of Fed Rates Decision; Orsted Plunges
European stocks rose as bond yields cooled after the US slowed the pace of its planned sales of
2023-11-02 01:25
Orsted Drops US Wind Projects, Taking $4 Billion Impairment Hit
Orsted A/S dropped the development of two US wind projects, recording impairment charges significantly above its previous predictions
2023-11-01 15:21
World’s Top Renewable Firms Reel Even as Installations Surge
The biggest manufacturers of wind turbines and solar panels are facing their most serious financial challenges in years
2023-11-01 13:21
As Wind Industry Struggles, Investors Brace for Orsted Losses
As the German government scrambles to prop up Siemens Energy AG, another major European wind firm faces its
2023-10-30 14:23
Sweden Power Crunch Can Be Eased With Offshore Wind, Orsted Says
The best option for Sweden to mitigate a power crunch in the second half of this decade is
2023-10-20 12:58
Danish Investor Closes €2 Billion Raise for Green Energy Funds
Copenhagen Infrastructure Partners closed two new funds at a combined €2 billion ($2.1 billion) to plow money into
2023-10-16 14:00