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Denmark, offshore wind

Denmark to halt offshore wind tenders to revamp subsidy model

Denmark will halt all ongoing offshore wind tenders as the existing framework where no subsidies are offered does not work under current market conditions, its energy minister said on Friday.

Bloomberg L.P. · 4h

Denmark to Subsidize Offshore Wind in Bid to Reanimate Market

Denmark will offer state subsidies to offshore wind and green hydrogen projects as it seeks to revive a suffering market after a failed tender and delays to crucial infrastructure.

Hosted on MSN · 3h

Denmark to subsidize offshore wind, green hydrogen projects

Denmark is planning to offer state subsidies for offshore wind and green hydrogen projects in an effort to revive its struggling market. This comes after a failed tender and delays to vital infrastructure,

Danish wind giant Orsted replaces its CEO

Reuters on MSN · 3h

Orsted replaces CEO as offshore wind industry struggles

Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said on Friday, as it seeks to arrest an 83% slump in its share price since its 2021 peak.

Yen on MSN · 4h

Offshore wind power giant Orsted changes CEO

Denmark's struggling offshore wind power group Orsted said Friday it was replacing its CEO with his deputy as the sector faces an "increasingly challenging situation".

Wall Street Journal · 5h

Orsted Replaces CEO as Wind Industry Faces Challenges

The company said it is parting ways with Mads Nipper as it grapples with supply-chain bottlenecks, high financing costs and President Trump’s opposition to wind power.

3hon MSN

Trump executive order may leave California offshore wind projects up in the air

The Golden State is counting on 25 gigawatts, or about 13% of its electricity, from offshore projects by 2045.

19hon MSN

Shell pulls out of N.J.’s 1st offshore wind farm. Is project now at risk?

Shell has withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest hit to the state’s clean ...

19h

Atlantic Shores reaffirms commitment to New Jersey offshore wind despite Shell's write-off

Atlantic Shores, a joint venture between Shell Plc and France's EDF, reiterated its commitment to delivering New Jersey's ...

Maryland offshore wind project at risk after President Trump's executive order

BALTIMORE -- An executive order issued by President Trump could threaten an offshore wind project in Maryland. The measure ...

Renewable Energy World33m

Global wind developer replaces CEO amid turbulent times for turbines

CEO Mads Nipper will step down and Rasmus Errboe, current deputy CEO and CCO, will assume his position with the company.

Hosted on MSN6h

Poland breaks ground on massive offshore wind power project

The project is estimated at 30 billion zlotys ($7.4 billion) and is a key part of Poland's energy transition strategy. The ...

Maine’s offshore wind ambitions: Big ideas tempered by setbacks and competition

Maine’s formal interest in developing ocean wind energy dates back to 2008, when former Gov. John Baldacci created an Ocean Energy Task Force to devise a strategy.

Power Technology5h

Atlantic Shores commits to New Jersey wind project despite Shell’s write-off

Atlantic Shores has committed to deliver New Jersey’s first offshore wind project despite Shell’s $1bn write-off related to ...

news.crunchbase4h

5 Interesting Startup Deals You May Have Missed In January: AI Fashion, Ammonia Power And A Robot Labor Force

The start of a new year brings a lot of promise — and a lot of interesting new funding rounds. Let’s take a look at a handful of funding deals you may have missed in January.

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Denmark, offshore wind

Danish wind giant Orsted replaces its CEO

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