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Trump, Offshore Wind

Offshore Wind Takes a Blow From Trump's Attacks on Clean Energy

Announcements of cutbacks and changes in leadership this week showed the offshore industry faces "a series of headwinds."

The Associated Press on MSN · 5h

In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm

In the first serious fallout from President Donald Trump’s early actions against offshore wind power, oil and gas giant Shell is walking away from a major project off the coast of New Jersey.

CBS News · 2d

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 put a temporary halt on new federal leases, permits and loans for both offshore and onshore wind development projects until his administration conducts an environmental and economic review.

Denmark, offshore wind

Reuters · 11h

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. · 10h

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 · 8h

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 · 9h

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.

Hosted on MSN · 11h

Orsted Replaces CEO Mads Nipper as It Grapples With Offshore Wind Challenges

The renewable-energy company said it is shifting focus in the face of increasing challenges buffeting the industry, with deputy CEO Rasmus Errboe to take the helm on Feb. 1.

Seeking Alpha · 8h

Ørsted makes CEO change as offshore wind industry faces steep challenges

Ørsted ( OTCPK:DNNGY) said Friday that CEO Mads Nipper will step down effective February 1, to be replaced by current deputy chief executive and chief commercial officer Rasmus Errboe. Erboe, who joined Ørsted ( OTCPK:DNNGY) in 2012, previously served as interim CFO, regional head of Europe, CFO for the offshore business unit, and head of M&A.

23hon MSN

Atlantic Shores Reaffirms Commitment to New Jersey Offshore Wind Despite Shell's Write-Off

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

The Standard-Times on MSN2d

New Bedford Mayor Mitchell: Offshore wind is 'here to stay' despite federal changes

Mayor Jon Mitchell said the offshore wind industry is here to stay during his state-of-the-city address Wednesday at New ...

Atlantic Shores Offshore Wind says it remains committed to NJ, despite Shell announcement

The future of a New Jersey offshore wind project appears in jeopardy after one of two parent companies announced pausing its involvement.

Wind farm developer said project will continue despite loss of major investor

The news comes about a week after President Trump issued an order blocking new leases and permits for onshore and offshore ...

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.

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Trump, Offshore Wind

Denmark, offshore wind

Danish wind giant Orsted replaces its CEO

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