The Trump administration has delivered a potential body blow to the wind-energy industry with a sweeping executive order that ...

Danish offshore wind giant Orsted faced a fresh stock market hammering on Tuesday after the group announced a new ...

Orsted's shares plunge due to a surprise impairment charge and President Trump's executive order halting offshore wind ...

Orsted A/S shares slumped after it recorded a $1.7 billion hit on its earnings as the cost of building offshore wind farms in ...

Danish developer Orsted took a total DKr12.1bn ($1.68bn) impairment in the fourth quarter 2024 due to stubbornly high US interest rates, supply chain turmoil in its Sunrise Wind array, and plummeting ...

Denmark's Orsted announced on Monday an impairment charge of 12.1 billion Danish crowns ($1.69 billion) in the fourth quarter ...

COPENHAGEN: Orsted A/S recorded a 12.1 billion-krone hit on its earnings as the costs of offshore wind farms, particularly in the United States, keep rising. The setback is the latest in a long ...

And while the challenges in the young U.S. offshore wind industry are real, Orsted's preliminary 2024 EBITDA of 24.8 billion crowns shows the company isn't exactly on life support. Still ...

This financial stability is bolstered by Orsted’s strategic positioning in the European energy transition, where it holds a significant leadership stance in offshore wind energy. The company’s ...

Trump suspends offshore wind power leases Denmark's Orsted takes fur impairments on US projects Shares plunge 17%, taking losses to 84% since 2021 peak Other companies fall much less Biden ...

Danish offshore wind giant Orsted faced a fresh stock market hammering on Tuesday after the group announced a new billion-dollar impairment charge on the same day its foe Donald Trump ascended to ...

Orsted (DNNGY) just dropped a bombshell on investors, revealing a massive 12.1 billion Danish crown ($1.7 billion) impairment in Q4. The culprit? Cost overruns and delays in its 924-megawatt Sunrise ...