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

New CEO R. Errboe reshapes strategy to further strengthen the balance sheet EARNINGS/SALES RELEASES In line with the guidance ...

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

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.

Almost 81GW of offshore wind capacity is now operating worldwide, up from 70.2GW this time a year ago, according to a new ...

Ørsted has announced a 25% reduction in its investment programme up to 2030, despite the company's full-year results meeting expectations.

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

Offshore wind giant Ørsted has cut investment and targets for new renewable energy projects amid dwindling share prices. It ...

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

Orsted, the world's biggest offshore wind power developer, said on Thursday it expected core profit this year to be equal to, ...

Denmark's Orsted decided to cut its2030 investment program by 25%, the renewable energy firm said on Wednesday, as the ...

Ørsted’s board of directors has approved significant adjustments to the company’s business plan and what it described as ...