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The Latest Breaking News from Orsted

Offshore wind projects face economic storm. Cancellations jeopardize Biden clean energy goals

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

The Independent UK

Wind industry deals with blowback from Orsted scrapping 2 wind power projects in New Jersey

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

The Independent UK

Ørsted cancels two US offshore windfarm projects at £3.3bn cost

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

The Guardian - UK

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Orsted scraps 2 offshore wind power projects in New Jersey, citing supply chain issues

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

The Independent UK

Is crisis at Siemens Energy symptom of a wider wind power problem?

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

The Guardian - UK

Coastal county and groups sue to overturn federal approval of New Jersey's 1st offshore wind farm

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 Independent UK

Orsted puts up $100M guarantee that it will build New Jersey's first offshore wind farm by 2025

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

The Independent UK

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Offshore wind projects need federal help to get built, six governors tell Biden

Six Democratic governors are warning the Biden administration that offshore wind projects need more federal funding and planning assistance

The Independent UK

Offshore wind energy plans advance in New Jersey amid opposition

Two major offshore wind power projects are taking steps forward in New Jersey

The Independent UK

BP needs a new chief executive not a slower strategy towards net zero

Oil firm should get out and argue the case for sticking to the transition timetable as Bernard Looney’s successor is sought

The Guardian - UK

6 protesters arrested as onshore testing work for New Jersey wind farm begins

Police arrested six protesters Tuesday who tried to disrupt the start of land-based testing for New Jersey’s first offshore wind farm

The Independent UK

Orsted delays 1st New Jersey wind farm until 2026; not ready to 'walk away' from project

Orsted, the global wind energy developer, says its first offshore wind farm in New Jersey will be delayed until 2026

The Independent UK

Ørsted shares fall 25% after it reveals troubles in US business

Almost £7bn wiped off value of world’s largest offshore wind company over possible £1.8bn write-down

The Guardian - UK

Authors walk out of Edinburgh book festival event in protest at fossil fuel link

It comes as more than 50 writers have raised concerns about the festival’s main sponsor, investment management firm Baillie Gifford.

The Independent UK

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The Independent UK

Authors threaten to boycott 2024 Edinburgh International Book Festival over sponsor’s fossil fuel links

Writers have raised concerns about the event’s main sponsor, investment management firm Baillie Gifford

The Independent UK

New offshore wind power project proposed for New Jersey Shore, but this one's far out to sea

A German wind energy developer and a New York utility want to build another wind farm off the New Jersey coast

The Independent UK

Offshore wind foes sue New Jersey and Danish turbine developer over tax break

Opponents of offshore wind projects are suing New Jersey and the Danish wind energy developer Orsted over a lucrative tax break the state approved for the company

Zenger

Giant ‘Birds Nests’ Built To Protect Seabirds Off England’s Coast

Ørsted constructs innovative metal structures to provide safe nesting spaces for vulnerable kittiwake population.

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The Independent UK

Lawsuits could delay the start of New Jersey's first offshore wind power project

A tangle of litigation could delay the start of New Jersey’s first offshore wind energy project

Birmingham Post

Hornsea Four offshore wind farm given the go-ahead by Government

Orsted's 2.6GW project is signed off by Secretary of State

The Independent UK

New Jersey governor to sign tax break for Orsted's offshore wind farm

New Jersey Gov. Phil Murphy plans to sign a bill giving a tax break to Danish offshore wind developer Orsted for the first of two energy projects it plans to place in the waters off the Jersey Shore

Birmingham Post

Second green offshore wind vessel ordered by Orsted to operate out of Grimsby

Sister vessel to original methanol fuelled SOV will sail under the Dock Tower in 2026

Birmingham Post

Orsted turns to Prysmian Group again for balance of Hornsea Three cable contract

Return to the Hornsea zone for Italian firm after major vessel investment to meet demand for offshore wind deployment

The Independent UK

Tax break for offshore wind developer Orsted moves ahead in New Jersey Legislature

A bill that would let Danish offshore wind developer Orsted keep tax credits that it otherwise would have to return to New Jersey ratepayers moved closer to approval Friday as it was passed by the state Assembly

Birmingham Post

Orsted 'increasingly confident' Hornsea Three offshore wind farm will proceed as cable deal struck

Inflationary costs had been highlighted by global leader

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