Orsted has cut its 2030 renewables target by almost half within 12 months, with new chief excutive Errboe saying this will ...

Danish energy company Orsted, a worldwide leader in offshore wind, has replaced its CEO, who began offshore wind projects in the United States that have mostly stalled.

Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.

Danish offshore wind power giant Orsted said Thursday it would downsize investments as it reported a small net profit for ...

New chief Rasmus Errboe launched strategy to 'support a solid investment grade credit rating', company reports ...

The world’s largest offshore wind developer said it would cut planned investment to 2030 by 25 per cent, less than a week ...

Orsted guided for slightly higher earnings this year, a day after it slashed spending plans for the coming few years to shore up its balance sheet.

The Danish renewable-energy company expects earnings before interest, taxes, depreciation and amortization excluding new partnerships and cancellation fees at between 25 billion and 28 billion kroner ...

Ørsted said it is cutting its investment program to 2030 by 25%, as the offshore wind industry struggles with rising costs ...

On his first day in the Oval Office, President Donald Trump signed an executive order that attempts to slow the growth in the ...

The renewable energy group cut its investment program to 2030 by 25% despite posting full-year results it said were in line ...

Ørsted, the world's largest offshore wind developer, has announced it is slashing investment in offshore wind by 25%.