The chief executive of Orsted, the multinational energy giant which is one of the UK’s biggest offshore wind farm developers, has quit. Mads Nipper will leave the Danish company after a series ...

Orsted is parting ways with Chief Executive Officer Mads Nipper as the Danish wind energy group grapples with supply-chain bottlenecks, high financing costs and U.S. President Trump’s opposition ...

Denmark's struggling offshore wind power group Orsted said Friday it was replacing its CEO with his deputy as the sector faces an "increasingly challenging situation". Orsted said Mads Nipper ...

Orsted has taken a final investment decision to build a 1.5GW offshore wind farm claimed to be the largest renewable energy project in the Baltic Sea. Danish developer Orsted announced today that it ...

(Bloomberg) -- Mads Nipper will step down as chief executive officer of Danish wind developer Orsted A/S after a series of huge writedowns over the past few years on both sides of the Atlantic and ...

"The impacts on our business of the increasingly challenging situation in the offshore wind industry ... mean that our focus has shifted," Orsted Chair Lene Skole said in a statement, without ...

Long dependent on fossil fuels before emerging as a champion of offshore wind power, Orsted has seen its share price fall 80 percent since January 2021. The return of Donald Trump to the White ...

Orsted’s shares have fallen 83% since its peak four years ago. “The impacts on our business of the increasingly challenging situation in the offshore wind industry, ranging from supply chain ...