The Latest Breaking News from Orsted

Orsted's latest impairment came on the same day Trump banned new offshore wind licenses.

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.

Donald Trump has attacked Orsted and offshore wind, claiming it kills whales.

Vision for company includes the potential to borrow its own money in order to rival multinationals

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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