Orsted
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.
The Bureau of Ocean Energy Management has decreased its offshore wind permitting times 20% as it gains experience and works to expedite development of the clean energy sector.
New Jersey’s offshore wind sector looks to take a key role in the East Coast turbine industry despite the closure of the state’s two most advanced projects.
Eversource Energy has formally ended its costly foray into offshore wind development, finalizing the sale of its last two offshore assets and predicting a half-billion-dollar loss as a result.
The BPU approval gives offshore wind developer Invenergy time to find an economically viable turbine before committing more resources to the project.
Ørsted gathered industry, labor and environmental officials to mark some milestones in preparation for construction of Sunrise Wind and in the development of New York's offshore wind industry.
Ørsted has run into new delays that will push back completion at least one of the two offshore wind farms it is building in U.S. waters.
New Jersey’s Board of Public Utilities awarded $3.4 million in grants to 18 proposals under a new program designed to help municipalities implement clean energy projects.
The Bureau of Ocean Energy Management has given the go-ahead to New Jersey’s foremost offshore wind project, the 1,510-MW Atlantic Shores Offshore Wind.
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