The Latest Breaking News from Orsted

Off the coast of eastern Long Island, an 800-foot turbine is sending the first electricity onto the U.S. grid from a commercial offshore wind farm

Yup, blame the Jones Act. Again.

The cancellation of two large offshore wind projects in New Jersey is the latest in a series of setbacks for the nascent U.S. offshore wind industry, jeopardizing President Joe Biden's goal of powering 10 million homes by towering ocean-based turbines by the end of the decade

Wind energy developer Orsted is writing off $4 billion, due largely to the cancellation of two large offshore wind projects in New Jersey whose financial challenges mirror those facing the nascent industry

Danish company’s CEO cites escalating costs in global offshore wind industry as shares fall

Danish energy developer Orsted is scrapping two large offshore wind power projects off the coast of New Jersey, adding uncertainty to a nascent industry the Biden administration is counting on to help transition away from the burning of planet-warming fossil fuels

Rising construction and financing costs are likely to require fresh policies from the UK and US

New Jersey’s southernmost county has joined with environmental and fishing industry groups in suing the federal government in a bid to overturn its approval of the state's first offshore wind energy farm

The Danish wind energy company Orsted has put up a $100 million guarantee that it will build New Jersey’s first offshore wind farm