Page 40 - Offshore Wind News Today

Eric Beightel, one of the Biden administration's top infrastructure officials, worries that the ex-president's return would be “catastrophic” for clean energy projects — especially offshore wind.

Now Orsted has announced a much bigger overhaul is in the works—and it involves job cuts, the suspension of dividends at least until 2025, and its exit from several European markets. The Copenhagen-listed company’s CEO, Mads Nipper, said in a release Wednesday the changes were aimed at reducing risks and turning Orsted into a “leaner and more efficient organization.” The company, which currently employs over 9,000 people, will trim up to ...

Two inventors who helped to advance the design, manufacture and deployment of high-performance wind turbines have been awarded the 2024 Queen Elizabeth Prize (QEPrize) for Engineering.

The University of Massachusetts Amherst has been selected by the U.S. Department of Energy (DOE) to establish and lead the Academic Center for Reliability

Britain has been going down this path since 2008, when Parliament wrote an 80 percent decarbonization target into law, which it raised to 100 percent, or net zero, in 2019. This luxury net-zero policy, which only the rich can afford, has been devastating for both businesses and ordinary Britons just trying to heat their homes and get to work. A new report for the RealClear Foundation by Rupert Darwall is a timely and much-needed warning to America. It shows what would happen if Democrat...

Danish renewables giant Orsted on Wednesday announced plans to cut jobs, pause its dividend payouts to shareholders and exit several offshore wind markets after a tumultuous year of rising costs. ...Project cancelations and the phasing out of capital expenditure across the portfolio will result in roughly 35 billion Danish kroner ($5.05 billion) of capital expenditure relief in 2024 to 2026, the company added.

The International Partnering Forum (IPF) is the premier offshore wind energy conference in the Americas. Hosted by Oceantic Network…

RWE Aktiengesellschaft (OTCMKTS:RWEOY – Get Free Report) and Sasol (NYSE:SSL – Get Free Report) are both utilities companies, but which is the better stock? We will contrast the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, risk, dividends, earnings and valuation. Analyst Recommendations This is a summary of recent ratings […]

Leaders from foreign-invested companies spoke with Việt Nam News reporters Vũ Hoa and Thu Ngân to evaluate the picture of Việt Nam’s economic growth and their key focuses for the year ahead.

Sapura, a leading Brazilian provider of subsea services, has recently acquired eight units of Exail Rovins Nano Inertial Navigation Systems (INS). Int...