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

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

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

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

Investing.com -- Shares of Ørsted AS (CSE:ORSTED) jumped over 5% following its 2024 full-year results and an update to its business plan. The company’s EBITDA for 2024 reached DKK 24.751 ...

The global offshore wind developer said on 6 February the increase was mainly due to the ramp-up of generation at Greater Changhua 1 and 2a offshore wind project in Taiwan, South Fork in the US, and ...

Today, Ørsted’s Board of Directors approved the annual report for 2024.

Seaway7 has selected US-based Helix Robotics Solutions to supply inter-array cables at Ørsted's Hornsea 3 offshore wind farm.

Dii Desert Energy says hydrogen projects in the Middle East and North Africa (MENA) surged to 117 installations in 2024, with ...

Can New Jersey's offshore wind industry survive another year of high interest rates, lawsuits and supply chain bottlenecks?

COPENHAGEN - Danish energy company Ørsted A/S announced adjustments to its business strategy with a reduced investment program aimed at strengthening its capital structure. The company's board has ...