Orsted
Ørsted
Ørsted reported a net loss for the third quarter, attributed to the continuing financial challenges for its U.S. offshore wind portfolio, but it also said those projects are progressing well toward completion.
Ørsted
Ørsted will reduce its workforce roughly 25% through the end of 2027 as it wraps up construction of offshore wind farms and remakes itself as a more competitive company.
Revolution Wind
A federal judge has lifted a month-long stop-work order on the Revolution offshore wind project, which is 80% complete.
Revolution Wind
Revolution Wind’s developers are seeking an emergency injunction against the federal stop-work order slapped on the offshore wind project.
Revolution Wind
ISO-NE warned any significant delay of the Revolution Wind project will increase risk to the reliability of the New England grid and undermine the region’s economy.
Siemens Gamesa
The Trump administration has slapped Ørsted with a stop-work order on Revolution Wind, a 704-MW project off the New England coast that is 80% complete.
Shutterstock
The Massachusetts Department of Energy Resources will delay its next offshore wind solicitation until “at least 2026” due to uncertainty around federal permitting, tax credits and tariffs.
NYSERDA
Ørsted is moving to raise as much as $9.33 billion on its own to finish building the Sunrise Wind project off the New York coast.
BOEM
Atlantic Shores Offshore Wind is putting its 1.5-GW New Jersey offshore wind proposal on hold due to oppositional actions by the Trump administration.
NYSERDA
Ørsted is pushing ahead with two U.S. offshore wind projects amid potential policy threats but halting development of a much larger U.K. proposal due to rising costs.
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