Orsted
Conference attendees are optimistic that the rapidly rising demand for energy will mean the federal government eventually will have to harness wind power.
New Jersey’s Board of Public Utilities backed measures to keep on track one of its three remaining offshore wind projects and retool a large-scale solar incentive program.
NERC defended its proposed standard on inverter-based resources from stakeholder criticism on several aspects, including its development process and exemptions for legacy technology.
Three companies closely involved in offshore wind power development offered a glum assessment of the sector’s prospects in the U.S.
Gov. Phil Murphy called offshore wind a “once-in-a-generation opportunity” to build a new industry and create jobs, but said he supported the BPU’s decision.
Ørsted CEO Mads Nipper has been replaced by Deputy CEO Rasmus Errboe.
Cost increases, delays and diminished value of assets contributed to Ørsted's latest setback — which was announced before President Trump targeted offshore wind in an executive order.
New Jersey in 2025 faces the added uncertainty of a likely contentious governor’s race to replace clean energy champion Gov. Phil Murphy and his release of a new energy master plan.
Several clean energy industries were clear losers after former President Trump's reelection, and offshore wind and EV company stocks took hits the day after the election.
A one-in-a-thousand problem with a key foundation component is the latest setback in U.S. waters for Ørsted and is blamed for its latest nine-digit cost impairment.
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