Shell co-owns the large Atlantic Shores project, which has most of its permits and would generate enough power for 1 million ...
Shell abandoning a $1 billion investment highlights uncertainties introduced by Trump's order about offshore wind projects.
CEO Mads Nipper will step down and Rasmus Errboe, current deputy CEO and CCO, will assume his position with the company.
Danish-headquartered, Oslo-listed Cadeler A/S, which owns the world’s largest fleet of jack-up offshore wind installation ...
Ørsted ( OTCPK:DNNGY) said Friday that CEO Mads Nipper will step down effective February 1, to be replaced by current deputy ...
The Golden State is counting on 25 gigawatts, or about 13% of its electricity, from offshore projects by 2045.
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". "The impacts on our business of ...
Denmark will offer state subsidies to offshore wind and green hydrogen projects as it seeks to revive a suffering market after a failed tender and delays to crucial infrastructure.
This loan is the largest contribution by any financial institution from its own resources to the Baltica 2 project, and forms part of a €1.4 billion package approved by the EIB, with backing from ...
Denmark will halt all ongoing offshore wind tenders as the existing framework where no subsidies are offered does not work ...
Atlantic Shores has committed to deliver New Jersey’s first offshore wind project despite Shell’s $1bn write-off related to ...