Orsted Ko News Today

By Dominic Chopping Orsted has launched a comprehensive new plan with cost cuts, a pause in dividends, asset sales and new business priorities following a...

By Dominic Chopping Orsted, the struggling European wind-energy giant, said it will cut costs, pause dividend payments over several years, sell assets and...

The costly, delayed construction of the Charybdis highlights a shortage of crucial ships

By Dominic Chopping Orsted said Tuesday that it has taken the final investment decision on phase one of Garreenleen Solar Farm, its first solar investment in...

Investors and consumers balk at costs of replacing fossil fuels with renewable energy, highlighting painful economics of climate mitigation

After months of project cancellations and write-downs, the offshore-wind sector is getting a breath of fresh air.

Stocks related to wind, solar and other forms of renewable energy have fallen by a third this year. Only a handful may be ready to rebound.

Big Tech’s consumption of water at its data centers is already massive, but artificial intelligence makes it a lot worse. The companies talk sustainability,...

Orsted booked a $4 billion impairment charge in the third quarter related to its U.S. offshore wind portfolio and said it will stop development of two wind farm projects off the coast of New Jersey amid spiraling costs and supplier delays.

By Dominic Chopping Orsted said Tuesday it has agreed to sell 50% of the Gode Wind 3 offshore wind farm in Germany to funds managed by Glennmont Partners...