Tag Archives: Orsted

Orsted to Cut 25% of Staff as Prospects for Wind Power Diminish  The New York Times Orsted to cut 2,000 jobs as Trump’s offshore wind battle continues  CNBC One of world’s biggest windfarm developers to cut quarter of workforce  The Guardian Orsted axes quarter of jobs, pivots to Europe after US setbacks under Trump  Reuters Orsted to Slash 2,000 Jobs in Coming Years  The Wall …

Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast. Ucg | Universal Images Group | Getty Images Shares of Danish renewables giant Orsted jumped on Tuesday, after a U.S. judge ruled the embattled firm can resume construction of an offshore wind farm that was halted by the Trump administration. The decision …

PROVIDENCE, R.I. (AP) — Connecticut, Rhode Island and the developer of an offshore wind farm that would power 350,000 homes in the two states said Thursday that they’re suing the Trump administration for stopping the nearly completed project. Rhode Island Attorney General Peter Neronha accused President Donald Trump of waging an “all-out assault” on the wind energy industry. The states’ …

US States, Orsted File Challenges to Trump Wind Farm Stoppage  Bloomberg.com Orsted Sues Trump Administration in Fight to Restart Its Blocked Wind Farm  The New York Times CT and RI to sue Trump administration over Revolution Wind  CT Mirror Trump admin sued by developers and two states after stopping work on nearly complete offshore wind farm project  CNN European markets close higher; Denmark’s Orsted …

Orsted Sues Trump Administration in Fight to Restart Its Blocked Wind Farm  The New York Times CT and RI to sue Trump administration over Revolution Wind  CT Mirror Trump admin sued by developers and two states after stopping work on nearly complete offshore wind farm project  CNN European markets close higher; Denmark’s Orsted launches U.S. lawsuit over wind farm blockage  CNBC Trump escalates war …

Attendees during a media tour of the Revolution Wind construction hub at the Port of Providence in Providence, Rhode Island, US, on Thursday, June 13, 2024. Adam Glanzman | Bloomberg | Getty Images The Danish renewable energy company Orsted sued the Trump administration on Thursday to prevent it from blocking the completion of a wind farm off the coast of …

Picture taken on September 4, 2023 shows windmills at the Nysted Offshore Wind Farm constructed by Danish windpower giant Orsted in 2002-2003 in the Baltic Sea near Gedser in Denmark. Thomas Traasdahl | Afp | Getty Images Norwegian oil giant Equinor on Monday pledged to support Denmark’s Orsted with almost $1 billion of fresh capital, backing the beleaguered company amid …

Orsted Stock Plummets to Record Low After Trump Halts U.S. Wind Farm  The New York Times Trump administration halts work on an almost-finished wind farm  NPR Orsted shares sink to record lows after US halts wind farm off Rhode Island  Reuters ISO-NE statement on Revolution Wind stop work order  ISO Newswire Democrats demand Trump resume a major offshore wind project near Rhode Island  AP News …

Shares in Ørsted hit an all-time low on Monday after the Trump administration ordered Europe’s largest wind power company to stop work on a near complete windfarm. Ørsted’s shares plunged 17%, after it was forced to stop construction on its $1.5bn (£741m) Revolution Wind project off the coast of Rhode Island. The order to down tools came despite the fact …

Orsted Shares Tumble After U.S. Issues Stop-Work Order on Wind Project  The Wall Street Journal Orsted shares tumble 17% to record low, as U.S. government halts wind project construction  CNBC Trump administration halts work on an almost-finished wind farm  NPR Orsted Stock Plummets to Record Low After Trump Halts U.S. Wind Farm  The New York Times Trump Administration Halts Work On Nearly Complete Revolution …