Offshore-Wind Policy Boosts Could Spur Rebound
After months of project cancellations and write-downs, the offshore-wind sector is getting a breath of fresh air.
Source: marketwatch.com
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The Collapse of Clean-Energy Stocks. What Comes Next.
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.
Source: marketwatch.com
Microsoft, Meta, and Alphabet Struggle to Limit AI's Demand for Water
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,...
Source: marketwatch.com
Orsted Books $4 Billion in Impairments, Walks Away From Two U.S. Offshore Projects
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.
Source: wsj.com
Orsted Sells 50% Stake of German Offshore Wind Farm For EUR473 Mln
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...
Source: marketwatch.com