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The Latest Breaking News from Orsted

Ørsted up 5% as US judge clears restart of stalled US wind farm

Shares in the Danish energy firm rose about 5% after a federal court granted a preliminary injunction, allowing construction on the offshore wind project to resume.

Euronews

Judge allows Trump-halted offshore wind project to resume

The preliminary injunction is a win for Ørsted's nearly complete Revolution Wind project.

Axios

Energy developers head to court as Trump says the US 'will not approve any windmills'

Three energy developers are challenging the Trump administration’s freeze on their offshore wind projects

The Independent UK

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Trump’s offshore wind project freeze draws lawsuits from states and developers

Offshore wind developers and states are suing the Trump administration over its order to suspend work on five large-scale projects under construction off the East Coast for at least 90 days

The Independent UK

Ørsted files legal challenge against US government over windfarm lease freeze

Europe’s biggest offshore wind developer seeking to overturn White House decision to suspend work on a $5bn wind farm project

The Guardian - UK

Denmark’s Ørsted files legal challenge to Trump’s wind project block

The move comes after the US government suspended leases on all large US offshore wind projects in December.

Euronews

Trump Just Sent This Lesser-Known Stock Plunging. Should You Buy the Dip?

Trump has suspended five offshore wind projects under construction - citing national security reasons - leading to a market crash for this stock.

Barchart

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Offshore wind projects feel brunt of Trump policy decisions - Roll Call

As Trump moves toward more energy-dense sources of power, the offshore wind industry has felt the impact most dramatically.

Roll Call

One of world’s biggest windfarm developers to cut quarter of workforce

Ørsted plans to shrink company after Trump administration causes share price to plunge to all-time low

The Guardian - UK

Orsted slashing 2,000 roles globally by the end of 2027

The Danish firm said it was axing about a quarter of its 8,000-strong workforce, with plans to make around 500 staff redundant by the end of 2025.

Evening Standard

Ørsted shares jump after US court decision unblocks windmill project

A judge lifted the Trump administration’s pause on construction of a nearly complete offshore wind farm in New England, one of the Danish energy company’s flagship projects.

Euronews

Federal judge lifts Trump administration's halt of offshore wind farm project that's nearly complete

A federal judge ruled Monday that a nearly complete offshore wind project halted by the administration can resume, dealing President Donald Trump a setback in his ongoing effort to restrict the U.S. offshore wind industry

The Independent UK

Ørsted sells shares at a deep discount as the firm urgently seeks capital

Danish offshore wind energy company Ørsted is facing financial uncertainty after the Trump administration derailed its US projects.

Euronews

Rhode Island and Connecticut sue over Trump administration’s wind farm halt

States claim Revolution Wind project was stopped illegally, threatening jobs, clean energy and billions in investments

The Guardian - US

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The Independent UK

Energy company Orsted sues Trump administration for stopping work on major offshore wind farm

The developer of an offshore wind farm that would power 350,000 homes in Rhode Island and Connecticut is suing the Trump administration for halting construction

Al Jazeera

Is Trump trying to engineer Greenland’s secession from Denmark?

Denmark has summoned US envoy over intelligence reports that US citizens covertly tried to influence Greenlanders.

Euronews

Ørsted sees shares plunge as US halts work on offshore wind farm

The world's biggest offshore wind farm developer Ørsted saw its shares dive into the double-digit losses as the company’s Revolution Wind project received a stop-work order from the US authorities. This comes at a testing moment for the company's finances.

The Guardian - UK

Ørsted shares at all-time low after Trump halts work on US windfarm

Shares drop by 17% after stop-work order on $1.5bn project off Rhode Island, which was 80% complete

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The Guardian - US

States vow to fight Trump official’s stop-work order on offshore wind farm

Rhode Island and Connecticut officials say project, slated to power 350,000 homes, is essential to their climate goals

The Independent UK

Trump halts work on New England offshore wind project that's nearly complete

The Trump administration has halted construction on an offshore wind project near Rhode Island that is 80% complete

The Guardian - UK

Wind generator Ørsted blames Trump as shares sink to all-time low

Danish company makes $9bn cash call as it says business model has been derailed by US policies

The Conversation

Why wind farm developers are pulling out at the last minute

The UK government’s strategy for tackling climate change received a major blow in May when Danish developer Ørsted announced that adverse economic developments had halted its 2.4 gigawatt (GW) Hornsea 4 wind farm in the North Sea.

The Guardian - UK

Denmark rethinking 40-year nuclear power ban amid Europe-wide shift

Government to analyse potential benefits of new generation of reactors

The Guardian - UK

Potential role for Chinese firm in key UK windfarm attracts government scrutiny

Exclusive: Decision on whether to work with turbine maker being overseen by ministers after British Steel rescue

The Guardian - UK

Ill winds are blowing for Labour’s 2030 deadline for clean energy

Loss of the vast Hornsea 4 offshore wind project is bad news but it reveals a big flaw in setting a deadline

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