Saturday, 29 March 2025

Focus on Ørsted

FILE PHOTO: A crane hangs over the first jacket support structure installed to support a turbine for a wind farm in the waters of the Atlantic Ocean off Block Island, Rhode Island.
BusinessElectionsElectricityNewsOffshore WindSolarWind

Siemens Energy, RWE warn of Trump fallout in US offshore wind sector

Two of the world's biggest renewables firms warn of potential delays for U.S. offshore wind sector under Trump due to policy challenges.

Republican presidential nominee former President Donald Trump gestures at a campaign rally at the Santander Arena.
BiodiversityElectricityEnvironmentNewsOffshore WindPolitics

Trump has vowed to kill offshore wind in the US. Will he succeed?

Trump vows to end offshore wind projects, but major companies brace for a fight, pledging cooperation with Congress.

FILE PHOTO: An offshore wind project in the German North Sea, owned by EnBW and Enbridge is seen in this handout image taken August 2021. Enbridge/Handout via REUTERS/File Photo
BusinessNewsPoliticsSolarWind

European clean energy stocks tumble as Trump wins presidency

European clean energy shares fell as Trump's election raised investor fears over U.S. renewable support and climate policy.

FILE PHOTO: A view of the turbines at Orsted's offshore wind farm near Nysted, Denmark, September 4, 2023. REUTERS/Tom Little/File Photo
BusinessElectricityEmissionsNewsSolarWind

US green power demand expected to grow regardless of election outcome

Demand for green power in the U.S. will rise regardless of the next president, say wind energy leaders Vestas and Orsted.

News ReleaseContracts for DifferenceElectricityOffshore WindSolarWind

Brookfield Acquires Share of Four UK Offshore Wind Farms from Ørsted

Two leading renewable energy players partner on operational U.K. offshore wind farms. Brookfield to acquire a 12.45% stake in 3.5 GW offshore wind portfolio...

FILE PHOTO: A wind farm shares space with corn fields the day before the Iowa caucuses, where agriculture and clean energy are key issues, in Latimer, Iowa, U.S. February 2, 2020. REUTERS/Jonathan Ernst/File Photo
AnalysisEconomyElectionsElectricityOffshore WindPoliticsRegulationsSolarTradeWind

Analysis: Tentative green energy shoots at risk from US vote uncertainty

Renewable energy shares face uncertainty, with U.S. election outcomes impacting investor confidence and sector growth potential.

In this Sept. 18, 2024 file photo, a billboard supporting offshore wind power projects sits on a roadside near land-based wind turbines in Atlantic City, N.J. (AP Photo/Wayne Parry, file)
AnalysisBusinessElectricityEnvironmentOffshore WindPolitics

Offshore wind industry says ‘misinformation’ from foes is a strong headwind it must fight

The U.S. offshore wind industry is combating disinformation about wind farms, including false claims linking them to whale deaths.

News ReleaseNews

Seaway7 awarded offshore wind contract in UK

Luxembourg – 29 October 2024 - Subsea 7 S.A. (Oslo Børs: SUBC, ADR: SUBCY) today announced the award to Seaway7, part of the...

FILE - The first operating South Fork Wind farm turbine is seen 35 miles east of Montauk Point, N.Y., on Dec. 7, 2023. (AP Photo/Julia Nikhinson, File)
BusinessElectricityInfrastructureNewsOffshore WindRegulationsWind

US chooses winning bids in first commercial sale for floating offshore Atlantic wind

The U.S. government awarded nearly $22 million in bids for floating offshore wind leases off New England, advancing clean energy goals.

A view of Equinor's LNG facility in Melkoeya, outside Hammerfest, Norway January 31, 2023. Ole Berg-Rusten/NTB via REUTERS/ File Photo
BusinessElectricityFuelNatural GasNewsOilWind

Equinor eyes lower spending on renewables after Orsted transaction

Equinor may cut renewable investments by 2030 after buying a $2.5B stake in Orsted, citing better access to wind assets.

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