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International Business Times
International Business Times
Science
Camille BAS-WOHLERT

Blown Off Course, Turbine Giant Orsted Seeks Second Wind

Orsted was dealt a $4 billion blow last year when it cancelled wind farm projects in the United States (Credit: AFP)

Long dependent on fossil fuels before emerging a champion of offshore wind power, Danish company Orsted is now struggling to restore its business after dropping several major projects.

Orsted was dealt a $4 billion blow last year when it cancelled wind farm projects in the United States, a crucial market for the group.

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