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Ørsted AS

  • Thursday, 5 December, 2024
    The Big Read
    How the world’s biggest offshore wind company was blown off course

    Denmark’s Ørsted was once seen as a model for how oil and gas giants could go green. Its recent troubles suggest that things may not be so easy

    Montage image of the Ørsted logo and offshore wind farms
  • Wednesday, 6 November, 2024
    LexWind power
    Hurricane Trump will blow Europe’s wind power recovery off course Premium content

    Lack of clarity about US president-elect’s plans means confusion over the outlook for new projects and turbine orders

    A wind turbine near Block Island, Rhode Island
  • Friday, 11 October, 2024
    LexEuropean companies
    European oil majors will not ape Equinor’s renewables opportunism Premium content

    Companies are struggling to establish a clear path in their energy transition strategies

    The Equinor logo and name on a sign on a building in Hammerfest, Norway
  • Monday, 7 October, 2024
    Equinor ASA
    Norway’s Equinor takes 10% stake in renewables group Ørsted

    Company becomes second-largest shareholder in world’s biggest offshore wind farm developer behind Danish government

    A drone transports a red cargo box near a large offshore wind turbine
  • Thursday, 15 August, 2024
    Lex
    Renewables challenges blow Ørsted’s recovery off course Premium content

    Investors will want to see evidence of smoother sailing conditions before they climb aboard again

    The turbines at Ørsted’s offshore wind farm near Nysted, Denmark
  • Thursday, 15 August, 2024
    Ørsted scraps flagship European green fuels project

    Danish company says market for e-fuels is developing more slowly than expected

    A windfarm construction platform off the UK’s east coast
  • Thursday, 20 June, 2024
    Simon Edelsten
    Why my enthusiasm for energy stocks is fading

    State involvement in the sector is a good reason for investors to tread carefully

  • Thursday, 2 May, 2024
    Ørsted boss warns on high prices for renewable energy

    Danish wind developer chief Mads Nipper says project costs heightened by elevated interest rates

    Mads Nipper
  • Tuesday, 13 February, 2024
    Ørsted chief vows to fight ‘with everything I’ve got’ to revive fortunes

    Mads Nipper plans to cut costs at world’s largest offshore wind company and rebuild investor confidence

    Mads Nipper
  • Wednesday, 7 February, 2024
    Ørsted suspends dividend, cuts jobs and exits offshore wind markets

    Danish group says it needs to create ‘leaner and more efficient company’

    The Ørsted Block Island Wind Farm in the water off Block Island, Rhode Island, US
  • Thursday, 25 January, 2024
    Lex
    Renewables posterchild Ørsted will struggle to restore its battered reputation Premium content

    The Danish wind developer was once held up as a model for how a former oil and gas specialist could transform itself

  • Wednesday, 20 December, 2023
    Ørsted to press ahead with world’s largest offshore wind farm in North Sea

    Hornsea 3 project off the Yorkshire coast will be able to supply power for about 3.3mn homes. 

    Wind turbines in the sea
  • Tuesday, 14 November, 2023
    Wind power
    Hedge funds profit from bets against troubled wind energy stocks

    Short bets reflect broader loss of enthusiasm for green energy stocks

    A wind farm in Switzerland
  • Tuesday, 14 November, 2023
    Ørsted shakes up management team after shelving US projects

    Finance and operations chiefs depart as wind developer grapples with rising costs

    Orsted’s offshore wind farm near Nysted, Denmark
  • Thursday, 2 November, 2023
    Ørsted troubles mount as S&P threatens credit-rating downgrade

    Rating agency says Danish group’s huge US writedowns have exposed project management issues

    Orsted’s offshore wind farm near Nysted, Denmark
  • Wednesday, 1 November, 2023
    Lex
    Ørsted: ill wind blows no good for developer that bungled estimates Premium content

    Investors need to take a long, hard look at the performance of senior management

  • Wednesday, 1 November, 2023
    Wind power
    Ørsted shares tumble after company ditches two US wind projects

    Danish developer’s deepening difficulties come as top BP executive says US market is ‘broken’

    A foundation for an offshore wind turbine sits on top of wheeled movers
  • Thursday, 28 September, 2023
    News in-depthWind power
    Jersey Shore mobilises against offshore wind power

    Pushback from coastal residents adds to economic pressures for nascent US industry

    A fisherman unloads fish in New Jersey
  • Tuesday, 12 September, 2023
    News in-depth
    Ørsted faces reckoning over big bet on US offshore wind industry

    Danish company raced into American market but faces multiple challenges

    Turbines at Ørsted’s wind farm, standing out against a murky sea and dramatic dark skies
  • Wednesday, 30 August, 2023
    Lex
    Ørsted: energy group struggles to divine which way wind’s blowing Premium content

    Danish generator has a bad habit of springing negative surprises

    A tour of one of the turbines at Ørsted’s wind farm off the coast of Block Island, Rhode Island in the US
  • Wednesday, 30 August, 2023
    News in-depthWind power
    Wind power industry faces size problem as blades get longer than football pitches

    Race for bigger turbines has prompted experts to urge growth slowdown and greater standardisation

    A man works on rotor engine of a wind turbine
  • Thursday, 10 August, 2023
    Renewable energy
    UK will struggle to lure new offshore wind projects, warns Ørsted

    Danish wind farm developer’s chief says soaring costs dent attractiveness of the current auction round of UK government contracts

    Mads Nipper, chief executive of Ørsted
  • Sunday, 18 June, 2023
    Ørsted warns about rising costs of UK wind development

    Danish power group wants more British support for world’s largest offshore project

    Ørsted wind turbines
  • Sunday, 26 February, 2023
    News in-depthRenewable energy
    Wind farm developers demand UK tax breaks to offset rising costs

    Companies including Vattenfall and Orsted want government help as prices of turbines increase sharply

    Orsted wind turbines pictured at Scottish Power’s offshore wind farm
  • Friday, 20 January, 2023
    Lex
    Orsted: shareholders suffer from erratic cost control Premium content

    The wind farm operator’s shares have gone nowhere since August 2019

    Orsted wind turbines off the coast of Blackpool in the UK
Previous page You are on page 1 Next page

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