Danish energy company Ørsted has announced a 25% reduction in its investment programme up to 2030, despite the company's full ...

A single wind turbine spinning off the U.S. Northeast coast today can power thousands of homes—without the pollution that ...

CEO Rasmus Errboe outlined a strategic shift to prioritize offshore wind projects in regions with favorable frameworks, while reducing long-term investment plans by 25%. He noted this disciplined ...

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 ...

Helix Energy Solutions' robotics unit awarded a contract by Subsea7 for the burial of inter-array cables associated with ...

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

Despite a predicted downturn in temperatures after several record-breaking years, a reduction in coal burning may have had an unexpected impact.

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

A flurry of financial announcements underscores the industry's challenges as President Donald Trump pauses permitting and threatens more tariffs.

Danish renewable energy major Ørsted turned a slim profit in 2024 but announced sweeping plans to cut its investment programme by 25% before publishing its financial results.