Pipeline operator Kinder Morgan Inc said that two of its fuel pipelines in Los Angeles have been shut since Jan. 8 due to ...

The first two LCO 2 newbuildings for Northern Lights are already on their way to Norway after being delivered by Dalian ...

Investors also remained cautious as Trump's trade policy remained unclear. He said he was thinking of imposing 25% tariffs on ...

( MENAFN - EIN Presswire) Global offshore wind turbine market is anticipated to reach US$50.176 billion in 2030 from US$29.144 billion in 2025, reflecting robust growth.

News reports last week detailed President Donald Trump’s efforts to derail offshore wind energy in the United States. But in ...

As costs soared, Orsted became emblematic of the challenges of building wind farms off the US coast, as the company canceled two flagship projects and recorded billions of writedowns. With Trump ...

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 ...

That impairment came as part of a wider DKr12.1bn Orsted posted for the fourth quarter of 2024, with the developer also suffering from stubbornly high US interest rates and supply chain turmoil in its ...

Orsted is the largest developer on the US East Coast with 5 GW of offshore wind projects awarded. Because of the sharp rise in construction costs and interest rates since 2021, none of the ...

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 ...

President-elect Donald Trump tasked a New Jersey congressman and vocal critic of offshore wind with writing an executive ...