Orsted , the world's biggest offshore wind power developer, said on Thursday it expected core profit this year to be equal to ...

Danish renewable energy firm Orsted said on Wednesday it will cut its investment program by 25%, as the industry struggles ...

The renewable-energy company guided for slightly higher earnings this year as some wind and solar farms ramp up, while it ...

The renewable energy group cut its investment program to 2030 by 25% despite posting full-year results it said were in line ...

Orsted of Denmark and Equinor of Norway tap the brakes on offshore wind development after setbacks and market shifts.

Danish energy company Ørsted has announced a 25% reduction in its investment programme up to 2030, despite the company's full-year results meeting expectations. The company attributed the decision to ...

CEO Rasmus Errboe outlined a strategic shift to prioritize offshore wind projects in regions with favorable frameworks, while reducing long-term investment plans by 25%. He noted this disciplined ...

Danish offshore wind power giant Orsted said Thursday it would downsize investments as it reported a small net profit for ...

"Our ambition is to solidify our position as the undisputed leader in offshore wind," Rasmus Errboe, the company's CEO since Feb. 1, told journalists in a media call. He said the company expected ...

Orsted guided for slightly higher earnings this year, a day after it slashed spending plans for the coming few years to shore up its balance sheet.

Ørsted’s board of directors has approved significant adjustments to the company’s business plan and what it described as ...

Orsted cut its investment program to 2030 by 25% despite posting full-year results it said are in line with expectations. The Danish group energy group said Wednesday that 2024 Ebitda excluding ...